Wednesday, May 19, 2010

Elecon Engineering

Shares of Elecon Engineering erased early gains and ended flat at Rs79.65. The company announced that it won an order of Rs519.2mn from client for design, engineering, manufacturing, testing, supplying, erecting and commissioning of Material Handling Equipments and other Equipments. The scrip opened at Rs80.7 it touched an intra-day high of Rs81.3 and a low of Rs78.9 and recorded volumes of over 0.2mn shares on BSE.

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