Mangalam Worldwide Empaneled by Global Energy Giants
Mangalam Worldwide (NSE: MWL) will remain in emphasis today after safeguarding supplier empanelment with QatarEnergy, BHEL, EIL, and GSFC. In spite of this favorable news, the small-cap supply shut down 1 45 % at 261 80 on Friday. Secret facts:
* Empanelment strengthens MWL’s position in international energy, refinery, facilities, power and industrial markets.
* QatarEnergy partnership provides accessibility to worldwide oil and gas supply chains.
* BHEL and EIL partnerships develop visibility in India’s power facilities and refinery segments.
* MWL boasts an incorporated production setup with a 190, 000 MT annual manufacturing capacity.
* Supply has produced 64 % return in a year.