Mehai Technology Ltd Share Price – BSE

Trading, Small Cap

In first order, the company informed that it has received the work order for sinking of 01 No. 250mm x 50mm dia. 160 mtr. deep tubewell by D.R. Rig method using UPVC pipe & pre-packed resin bonded gravel filter for augmentation of Shibpur W/S scheme, block Namkhana for implementing JJM under Kakdwip sub-division of Alipore division, P.H.E. Dte. (SM/11875), amounting to Rs 20,26,550. The project is scheduled to be executed within 30 days from the date of the issuance order.

In another order, the company has received a continuous work order for sinking of 01 no. 250mmx 150mm dia. 360 mtr. deep tubewell by the D. R. Rig method using UPVC pipe & a prepacked resin-bonded gravel filter at the head work site for the Kumarpur W/S scheme, block pather pratima for the implementation of JJM under the Kakdwip subdivision of Alipore Division, P.H.E. Dte. amounting to Rs 19,95,640. The project is scheduled to be executed within 25 days from the date of the issuance order.

The official announcement was made after market hours on 17 December 2024.

Mehai Technology's engaged business is trading electronic items.

The company’s consolidated net profit soared 247.8% to Rs 0.23 crore on 166.9% zoomed in revenue from operations to Rs 10.17 crore in Q2 FY25 over Q2 FY24.

As on 18th December 2024, the company’s market cap stood at Rs 600.95 crore on the BSE.

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Mehai Technology has received orders from Leapfrog Engineering Services of Rs. 16.24 crore for maintenance work of various equipment:

1. Preventive Maintenance of 220kv and 66KV GIS Bays
2. SF6 Gas Analysis of 220 & 66kV CB
3. MV Protection Relay Retrofitting Works Incl. T/C
4. Inspection & Audit Services - MV Distribution Network
5. Distribution Network
6. Maintenance Services - PLC Automation Systems
7. Electrical Rectification Works- water Transmission Network

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Net profit of Mehai Technology rose 247.83% to Rs 0.80 crore in the quarter ended September 2024 as against Rs 0.23 crore during the previous quarter ended September 2023. Sales rose 166.93% to Rs 10.17 crore in the quarter ended September 2024 as against Rs 3.81 crore during the previous quarter ended September 2023.

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Mehai Tech. will hold a meeting of the Board of Directors of the Company on 11 November 2024

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