Fedders Lloyd bags Rs 120 cr power project order

Air conditioner maker Fedders Lloyd Corporation today said it has bagged an order worth nearly Rs 120 crore from Madhya Pradesh Poorv Kshetra Vidyut Vitaran, Jabalpur (MPPKVV) for supply and installation of high voltage distribution systems in various districts of Madhya Pradesh.

The company has bagged the order in collaboration with Spain-based 'Cobra Instalaciones Y Servicios', Fedders Lloyd Corp said in a filing to the Bombay Stock Exchange (BSE).

Shares of Fedders Lloyd surged nearly five per cent to hit its upper circuit at Rs 73.65 on the BSE.