Ducon Infratechnologies hits upper circuit on AHS order win from Vedanta
Ducon Infratechnologies Limited, one of the leading engineering, procurement & construction (EPC) companies has informed the bourses about the receipt of its latest order regarding Alumina handling system (AHS).
It has received a letter of intent (LoI) from Vedanta Limited, one of the world’s leading natural resources companies, for Alumina handling system at their Alumina Refinery, Lanjigarh, District Kalahandi, Odisha. The scope includes complete design & engineering, supply, erection & commissioning of Alumina handling system, for refinery expansion.
The company continues to be actively involved in bidding for both flue gas desulphurisation (FGD) and material handling system (MHS) projects. In the case of FGD projects, the company is bidding directly as well as jointly with other EPC companies.
Ducon Infratechnologies provides turnkey solutions in the industrial and infrastructure space to multiple business segments across varied industries. It offers execution of turnkey FGD systems for power & industrial boilers, bulk material handling systems, and electrification projects across India & neighbouring regions.
On Wednesday, the stock of Ducon Infra hit an upper circuit of 5 per cent at Rs 5.78 from its previous close of Rs 5.51 on BSE.