Meera Industries Ltd secures order of Rs. 3.45 crore

Meera Industries Limited (MIL), has received a Domestic Order of INR ₹ 3,45,00,000/- (Rupees Three Crore Forty Five Lakh Only) from DODHIA SYNTHETICS LIMITED.

DODHIA SYNTHETICS LIMITED, one of the largest exporters of carpet yarns from India has ordered 3 Sets of CT-260 Twister/Cabler machines.

MEERA already has a strong presence in the carpet yarn manufacturing segment with its range of Cabling / Twisting and Continuous Heat setting machines.

With its recently launched Tape Drive CT-260 Model, we are getting stronger in the BCF carpet Yarn manufacturing Space whose 90% market is dominated by European Manufacturers.

The company has also exported this model to overseas market and expecting a good business in the coming months.

Shares of Meera Industries Ltd was last trading in BSE at Rs.69 as compared to the previous close of Rs. 69.35. The total number of shares traded during the day was 3600 in over 3 trades.

The stock hit an intraday high of Rs. 74 and intraday low of 65.3. The net turnover during the day was Rs. 249960.

Source : Equity Bulls

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