Electronic products maker Fedders Lloyd Corporation today said it has bagged an order worth $10.88 million (about Rs 52 crore) from a Ethiopia-based firm for supplying power distribution material.

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The company has secured an export order worth $10.88 million from Ethiopian Electric Corporation towards the supply of power distribution material, Fedders Lloyd Corporation said in a statement to the Bombay Stock Exchange (BSE).

Shares of Fedders Lloyd Corporation rose 2.05 per cent and were trading at Rs 67.15 in the afternoon trade on the BSE.  

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