Meera Industries receives export order from Uzbekistan

Yarn manufacturer Meera Industries Limited (MIL) has received an export order worth US$41,000 from a Uzbekistan-based company. This order is scheduled to be executed in July 2018.

With this order, the count of countries to which MIL exports to has become 20 countries. The company informed that the wholly-owned subsidiary of MIL, Meera Industries USA, LLC, has an order book of US$1,40,000.

Meera Industries is a Yarn Twisting, Cabling, Winding and other innovative textile processing machine manufacturer.

However, in line with the benchmark indices, at 3:15 hours on Friday, the stock of Meera Industries was quoting Rs. 240.00 per share, down by 3.81 per cent. The stock open at Rs. 247.00 per share and it was the stock's intraday high and the day's low was Rs. 240.00.