Mach Conferences Secures Rs 92 Crore Punjab Pilgrimage Order, Stock Rises
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1 SourcesPunjab, India, India
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Mach Conferences Secures Rs 92 Crore Punjab Pilgrimage Order, Stock Rises

Mach Conferences and Events secured a Rs 92-crore order from the Punjab Government to manage a 2-night, 3-day pilgrimage program for about 185,000 individuals over six months. The company, which specializes in corporate events, saw its stock price increase following the announcement. For the full fiscal year, Mach Conferences reported a 45.9% decline in net profit to Rs 14.17 crore, with a slight revenue drop to Rs 235.75 crore.

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