HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Meera Industries gains on bagging order worth Rs 1.4 crore
Jul-03-2025

Meera Industries is currently trading at Rs. 71.00, up by 1.09 points or 1.56% from its previous closing of Rs. 69.91 on the BSE.

The scrip opened at Rs. 70.02 and has touched a high and low of Rs. 74.75 and Rs. 69.50 respectively. So far 22584 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 140.00 on 08-Oct-2024 and a 52 week low of Rs. 45.00 on 16-Jul-2024.

Last one week high and low of the scrip stood at Rs. 75.00 and Rs. 69.01 respectively. The current market cap of the company is Rs. 75.80 crore.

The promoters holding in the company stood at 61.40%, while Non-Institutions held 38.60% in  the company. 

Meera Industries has received domestic order worth Rs 1.4 crore from Shivtex India, a prominent textile group based in Panipat, Haryana. The order includes supply of the company’s industry-acclaimed Carpet Cabler and AW-250 Assembly Winder, both engineered for high-performance, energy-efficient yarn processing tailored for the carpet industry. The order is scheduled to be completed in the 2nd quarter of financial year 2025-26.

The order reinforces the company’s leadership in the carpet yarn manufacturing segment and marks a strong start to the second quarter of FY 2025-26.

MEERA Industries is engaged in the manufacturing of Yarn Twisting, Winding and Heat-Setting Machine for textile industries.

  RELATED NEWS >>