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Price Movement Clarification

M & B Engineering Price Movement Clarification

M & B Engineering Limited clarified to NSE that recent share price movements are purely market-driven. The company confirmed it has disclosed all price-sensitive information as per SEBI regulations and no pending announcements exist. Management stated they are not connected to the price behavior.

Source

NSE filing, NSE: MBEL. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

M & B Engineering Ltd: key numbers

Share price
₹257.87
Market cap
₹1,474 Cr
Revenue (annual)
₹1,260 Cr
Net profit (annual)
₹92.64 Cr
P/E (TTM)
15.3×Sector 16.7×
Promoter holding
70.60%-0.01% QoQ
FII holding
0.17%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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11:55 IST NSE
Production Started

M & B Engineering Production Started

M&B Engineering commenced commercial production at Phase-I of its Sanand PEB facility, adding 20,000 MTPA. Total PEB capacity rises to 123,800 MTPA across Sanand and Cheyyar.

PEB manufacturing capacity
20000 MTPA

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