McNally Bharat Engineering Company Ltd. News and Updates

Name: Latest research reports of McNally Bharat Engineering Company Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: McNally Bharat Engineering Company Ltd.
Rating: 5
Author: Karvy

Keep track of all breaking news on McNally Bharat Engineering Company Ltd. from all sources in a single place.

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McNally Bharat Engineering Company Ltd.

30 Nov 2015

McNally Bharat Engineering Company Ltd: Turnaround Ahead, As Economy on Revival ... (Nov 30, 2015)

Buy: McNally Bharat Engineering...

Karvy

Margin expansion promises encouraging outlook: Despite registering muted revenue growth and slight increase in CoGS, MBEL managed to register an EBITDA margin of 2.5% for FY15. Going forward, on account of healthy revenue growth aided by revival in the economy further supported by stable CoGS & employee costs, we believe EBITDA & EBIT margins to expand by 580 bps each to reach 8.3% & 6.4% respectively by FY17E. Also PAT margin is expected to enter into positive territory resulting in an EPS of Rs. 2.6 in FY17E.

McNally Bharat Engineering Company Ltd.

24 Oct 2015

McNally Bharat divests stake in MBE Coal & Mineral Tech

Business Line

McNally Bharat Engineering Company Ltd has said that as a part of its business realignment strategy, the Board of Directors of the company on October 23 decided to transfer entireholding of...

McNally Bharat Engineering Company Ltd.

15 Oct 2015

McNally Bharats SPV bags $315-mn Oman contract

Business Line

McNally Bharat Engineering Company Ltd said that it recently formed a 50:50 special purpose vehicle with EMC Group in Oman. In a stock exchange filing McNally Bharat said the SPV received a contra...

Company news

Business Line | 16 Oct 2015

McNally Bharat Engineering Company Ltd.

06 Sep 2015

CCI Approves EMC's Additional Stake Buy in McNally Bharat

NDTV Business

EMC is a service provider in the power transmission and distribution sector.

McNally Bharat Engineering Company Ltd.

20 Aug 2015

Open offer kicks off at McNally Bharat

Business Line

Shares of McNally Bharat Engineering will remain in focus, as the open offer from EMC Ltd along with MKN Investment Private Ltd, McLeod Russel India and others begins on Thursday. It is scheduled...

McNally Bharat Engineering Company Ltd.

17 Dec 2012

McNally Bharat Engineering

Buy: McNally Bharat Engineering...

ICICI Securities Limited

Is McNally Bharat Engineering Company Ltd. worth buying?

100 Votes:

Buy 75.0%

Sell 16.0%

Hold 9.0%