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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.

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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.

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