MEERA Industries Limited Secures ₹5.58 Crores Domestic Order for High Bulk Carpet Yarns Project

MEERA Industries Limited ("MEERA"), a leading manufacturer of advanced Twisting Machines and Heat Setting Machines, is pleased to announced that it has secured a significant domestic order from DNH Spinners Pvt Ltd. The order, valued at ₹ 5.58 Crores, underscores MEERA's dominant market position in the Indian carpet yarn sector, where the company continues to maintain a near-monopoly status.

This order includes the MEERABAH Bulking and Heat Setting Machine, along with the company's renowned carpet cabler and winding machines. These machines are known for their exceptional productivity, robust construction, and energy efficiency, meeting the stringent demands of high-volume carpet yarn manufacturing.

Commenting on the order, [Dharmesh Desai, CMD, MEERA Industries Limited], stated:

Technological Leadership:

MEERABAH: The Industry Standard in Carpet Yarn Manufacturing MEERA's flagship product, the MEERABAH Bulking and Heat Setting Machine, has set the benchmark for quality and cost-efficiency in the production of high bulk yarns for carpets and bathmats. The newly introduced model with Auto Doffing capability further enhances productivity and ergonomics, providing an unmatched value proposition to customers.

The continued adoption of MEERA's innovative solutions by major industry players reflects the company's commitment to delivering advanced, energy-efficient, and reliable machinery. As a result, nearly all the significant carpet yarn manufacturers in India count on MEERA's products to drive their production lines.

Shares of Meera Industries Ltd was last trading in BSE at Rs. 108.60 as compared to the previous close of Rs. 110.80. The total number of shares traded during the day was 3027 in over 23 trades.

The stock hit an intraday high of Rs. 108.60 and intraday low of 108.60. The net turnover during the day was Rs. 328732.00.

Source : Equity Bulls

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MeeraIndustries INE343X01018 OrderWin