Hindustan Dorr receives Order from Vedanta Alumina

Hindustan Dorr Oliver Ltd has announced that the Company has got an order from Vedanta Alumina Ltd valuing Rs 300 millions for Complete In-plant water circulation and distribution piping system and compressed air piping with accessories for their 5 million ton per annum Aluminium Smelter Plant at Jharsuguda, Orissa. Execution of the said project shall be completed by December, 2007.

The Company is already working alongwith its Chinese partner Chaileco in the above Jharsuguda refinery for a Fume Extraction Plant valuing Rs 2100 million.

The stock was trading at Rs.130.50, up by Rs.4.45 or 3.53%. The stock hit an intraday high of Rs.132.35 and low of Rs.129.20. The total traded quantity was 98580 compared to 2 week average of 252240.

Source : Equity Bulls

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