MoneyWorks4Me

Elecon Engineering Company has received a Letter of Intent (LoI) for awarding a contract of Rs 82.78 crore (excluding GST) from Arcelormittal Nippon Steel India, Gujarat, for Manufacturing and supply of Belt Conveyor Mechanical Equipment and Technological Structure for MH SYSTEM COBP#1&2BF#1at its Hazira Plant, Surat, Gujarat. The order is to be executed within around 10 months.

Elecon Engineering Company is engaged in delivering power transmission solutions and material handling equipment.

Peers
Company Name CMP
Bharat Heavy Elect. 408.20
Thermax 3353.75
Kirloskar Industries 3540.00
Skipper 533.05
INDO-MIM 1216.80
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