Bengaluru, June 9 -- The shares of Penny stock company, specializing in the manufacturing and design of textile machinery, particularly yarn twisting, winding, and heat-setting machines, jumped upto 17 percent upon receiving major export work orders from the U.S totaling $403,300.

With a market capitalization of 73.17 Crores on Monday, the shares of Meera Industries Ltd jumped upto 16.8 percent, making a high of Rs. 74.00 compared to its previous closing price of Rs. 63.31.

Meera Industries Ltd, engaged in the manufacturing and design of textile machinery, particularly yarn twisting, winding, and heat-setting machines, has received new export work orders from the U.S totaling USD 403,300.

The initial order is from Buhler Quality Yarns...