Fedders Lloyd Corporation announced that the it has been awarded contract of approx. Rs 1.2 billion for the ``supply, installation, testing, commissioning and maintenance of high voltage distribution systems (HVDS) in various districts of Madhya Pradesh, against ADB`` in JV with Cobra Instalaciones Y Servicios Spain from Madhya Pradesh Poorv Kshetra Vidyut Vitaran, Jabalpur (MPPKVV).
The company started trading in AC units and subsequently commenced the manufacturing of AC units in India.
Its products include windows and split AC, packaged/ductable AC, water cooler, roof mounted package AC unit for railway coaches, military graded window/split/slip on models for mobile vehicles of defense, milk and vegetable chilling units for milk and vegetable shops, bus AC, transport refrigeration, walk in cold rooms, cold storage, and chillers for process cooling.
Shares of the company gained Rs 3.5, or 4.99%, to trade at Rs 73.65. The total volume of shares traded was 12,073 at the BSE (11.03 a.m., Wednesday).