M&B Engineering Share Price Fell Even After Winning A USD 7.53 Million Export Order

Ahmedabad, 27 November 2025:  M&B Engineering Ltd’s stock price opened on a strong note in Thursday’s early trade but later lost momentum, ending the session slightly lower. The stock closed at ₹391.70, down 0.46% from the previous day’s close of ₹393.95. The price action remained volatile even after the company announced a major export order secured through its US subsidiary.

During the session, the stock touched an intraday high of ₹410.65, reflecting early optimism from investors following the company’s latest international win. Market participation remained robust, with 28,271 shares bought and 41,382 shares sold, signalling active interest on both sides of the trade.

Founded in 1981, M&B Engineering Ltd (listed on NSE and BSE) is a civil construction and Structural Engineering Company that provides pre-engineered building systems, steel structures and turnkey industrial solutions to both domestic and International customers. M&B Engineering operates through several subsidiaries, with a US-based subsidiary called Phenix Construction Technologies Inc.

Company Secures Major International Contract

In a filing dated 26 November 2025, M&B Engineering revealed that its wholly owned US subsidiary, Phenix Construction Technologies Inc. (PCTI), has secured a significant export order. The contract involves the design, engineering, manufacturing and supply of pre-engineered buildings and structural steel for a US-based client.

Key Contract Details

The order is valued at USD 7.53 million and will be executed over a period of three and a half months. As per the terms, the company will receive 30% of the contract value as an advance payment. The client’s identity remains confidential, though the company clarified that the deal has no connections with any promoter entities. The order is expected to boost the share of high-margin international business and strengthen the company’s revenue stream from overseas markets.

REF: https://nsearchives.nseindia.com/corporate/MBENG_26112025170343_Intimation_order.pdf

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