Mazda shares soar 7% after bagging an order worth of ₹98 crore
Shares of Mazda Ltd surged 6.06 per cent to ₹1,491.30 on the BSE on Thursday after the company announced that it had secured an order worth ₹98 crore from an international entity.
According to its exchange filing, the order involves the manufacture and supply of a multi-effect evaporator for a Zero Liquid Discharge (ZLD) plant. The project is expected to be executed within 9 months.
This order further strengthens Mazda’s position in the engineering sector and underscores its commitment to providing innovative and sustainable solutions for its global clients.
During today’s session, it reached an intraday high of ₹1,540.00 and a low of ₹1,374.05 on the BSE.
The small-cap company’s stock hit a 52-week high of ₹1,650 on February 9 and a low of ₹1,087 on March 14 on the BSE.