Isgec Heavy Engineering leaps 9% on order wins from cement, steel sectors

The company received two orders - one for a Cement Waste Heat Recovery Boiler and another for conducting Remnant Life Assessment study

Shares of Isgec Heavy Engineering rallied 9 per cent to Rs 404, also its 52-week high, on the BSE on Tuesday, after the company said it has recently received two orders – one for a Cement Waste Heat Recovery Boiler (CWHRB), and another for conducting Remnant Life Assessment (RLA) study. The company did not disclose the size of the orders.

The order for CWHRB is from a leading cement manufacturer for their plant site in Meghalaya. The company said it is committed towards the utilization of waste energy and supporting the cement Industry to generate clean or green power.