Elecon Engineering Company today said it has bagged an order worth Rs 49.90 crore from Sical Logistics for material handling equipment.
The scope of the contract includes design, engineering and commissioning of material handling equipments for New Mangalore Iron Ore Terminal, Elecon Engineering Company said in a filing to the Bombay Stock Exchange (BSE).
Shares of the company were trading at Rs 80.55 on the BSE, up 3.20 per cent from previous close.