Elecon Engineering Company Ltd has been awarded letter of intent of INR 6,15,00,000 by Madras Cements Ltd.
The order is for supply of material handling equipments and other spares for grinding unit project.
The Elecon Engineering Company Ltd stock closed day at INR 47.80, up by INR 0.55 or 1.16%. The stock hit an intraday high of INR 49.35 and low of INR 47.55.
Source:
http://www.steelguru.com/indian_news/Elecon_Engineering_gets_letter_of_intent_from_Madras_Cements/296939.html
