Menon Bearings Ltd approves expansion of production capacity

The Board of Directors of Menon Bearings Limited at its meeting held on Saturday, 15th July, 2023, have approved creating of new production capacity for manufacturing of new products in Aluminium Castings, Thrust Washers and Engine Bearings segments, taking into consideration emerging new market opportunities in future.

Shares of Menon Bearings Limited was last trading in BSE at Rs. 144.00 as compared to the previous close of Rs. 142.20. The total number of shares traded during the day was 51153 in over 1079 trades.

The stock hit an intraday high of Rs. 147.95 and intraday low of 141.80. The net turnover during the day was Rs. 7406119.00.

Source : Equity Bulls

Keywords

MenonBearings INE071D01033 ProductionCapacity Expansion NewProducts