The stock of McNally Bharat jumped 2.8 per cent to Rs 117.45 in early trade after the company announced bagging of a Rs 69.97-crore order.
The company informed the BSE that it has received an order for preparation of fabrication drawings, fabrication, erection and painting of structural work and construction of civil works for an Integrated Steel Plant. The contractual delivery period is within 18 months.
Last week, it received an export order worth Rs 280.07 crore ($52.35) from South Africa for a Fluorspar Concentrator Plant. The export order, which has to be completed in 16 months, is the largest, said the company.