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Mcnally Bharat Engineering Company Limited (NSE India Code : MBECL)       STRONG BUY

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MBECL Technical Levels

Resistance 2 120.25
Resistance 1 117.75
PIVOT 115.50
Support 1 113.00
Support 2 108.25

MBECL Fundamentals

Earning Growth 10.97%
Profit Margin 2.70
PE 5.33
EPS 16.74
Quarter 30-Sep-11

MBECL Futures

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MBECL Technical Levels


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MBECL Share Price on 5-10-2012

Open 118.45
High 118.5
Low 112.85
Close 115
Volume 49130
Change -1.75 (-1.50%)
Series EQ
Date of Listing 06-Oct-06
Paid Up Value 10
Face Value 10
Market Capital 0 Crores
52 Week High/Low 130.95 / 79.55
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Mcnally Bharat Engineering Company Limited Company Profile

McNally Bharat Engineering Company (MCNALLYB), incorporated in 1961, is engaged in providing turnkey engineering solutions. Earlier known as McNally Bird Engg. Co., it got its present name in 1972. The company is owned jointly by the Williamson Magor group which has Williamson Magor & Co., one of the world`s largest manufacturers of tea, and the G. P. Birla group, a major global entity with companies like Birla Global Infotech Services and the US-based Birla Soft. The ISO 9001:2000 certified company provides turnkey solutions in the power, steel, alumina, material handling, mineral beneficiation, coal washing, ash handling and disposal, port cranes, civic, industrial water supply and other areas. Over 250 plants have been constructed on turnkey basis by the company. It manufactures feeders; crushers; mills; screens; and port handling equipment like reach stackers, crawler cranes and gantry type cranes. It has its plants located in Kumardhubi (Jharkhand) and Bangalore. In February 2008, as part of its expansion plans, it decided to spend Rs 2 billion on procuring heavy engineering equipment and a forging unit in West Bengal over a period of 15 months. Major orders bagged in FY08 include a Rs 6,218.8 million order from Steel Authority of India (SAIL) for the supply of a raw material handling system ore handling plant required at the IISCO steel plant and a Rs 705.8 million worth order for its expansion at the Bokaro steel plant; an order from Uranium Corporation of India for Rs 1,984.4 million for crushing, grinding, neutral thickening, sand slime separation, tailing disposal, water, compressed air and allied system for Tummalapalle Project, Andhra Pradesh; and an order from Bharat Heavy Electricals (BHEL), Bangalore, for supply of a ash-handling system - mechanical package for DVC Mejia Phase B units 1 and 2 (2 x 500 mw) valued at Rs 289.2 million among several other major orders. The company entered into agreements with Tyazhpromexport (TPE) of Moscow and VAI Pomini of Austria for participating in the modernization and expansion of steel plants in India. Subsidiaries include EWB Kornyezetvedelmi Kft., Hungary and Eriez-MBE India in Bangalore, a 60:40 joint venture between Eriez Magnetics, USA and MBE. Eriez Magnetics based in Erie, Pennsylvania. The company has Technologies (Finland), Soleus (France) and several others as associates. The registered office is located at 4, Mangoe Lane, 7th Floor, Kolkata-700001, West Bengal.

MBECL Intraday Realtime Chart

MBECL Corporate Announcements

DATE PURPOSE
01-Aug-12 Updates
05-Jul-12 Updates
26-Jun-12 Updates
18-Jun-12 Updates
07-Jun-12 Financial Result Updates

MBECL Corporate Actions

DATE PURPOSE
13-Sep-12 AGM/DIV RE 1 PER SHARE
15-Sep-11 Dividend-Rs.2/- Per Share
15-Sep-11 DIVIDEND-RS.2/- PER SHARE

MBECL Board Meetings

MEETING DATE PURPOSE
10-Aug-12 Un-audited Financial Results
01-Jun-12 Audited Financial Results
01-Jun-12 Results/Dividend
01-Jun-12 Financial Results
14-May-12 Un-audited Financial Results

MBECL Related companies

Symbol Company Name
A2ZMES A2Z Maintenance & Engineering Services Limited
ALFALAVAL Alfa Laval (India) Limited
ASHOKA Ashoka Buildcon Limited
BEML BEML Limited
EIMCOELECO Eimco Elecon (India) Limited

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