Fedders Lloyd bags $10.88 mn project

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Posted: Friday, Nov 06, 2009 at 1456 hrs IST
Updated: Friday, Nov 06, 2009 at 1456 hrs IST

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

The company has secured an export order worth USD 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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