McNally Bharat Engineering Company has received from ACC an order for onshore supply, civil construction and installation & erection of New Jamul cement plant for a value of Rs 7.33 billion excluding taxes.
The contractual delivery period is within 30.5 months.
The stock had underperformed the market over the past one month till Dec. 14, 2012, falling 6.70% compared with the Sensex's 3.75% rise. It underperformed the market in past one quarter, gaining 4.53% as against 4.62% rise in the Sensex.
Shares of McNally Bharat Engineering Company gained Rs 3.55, or 3.67%, to trade at Rs 100.40. The total volume of shares traded was 56,768 at the BSE (11.36 a.m., Monday).