Mumbai-based Petron Engineering, has informed that it has received an Order for Heater Works for CDU/ VDU Units for Guru Gobind Singh Refinery Project of M/s.HPCL- Mittal Energy Limited at Bathinda(Punjab).

The contract is valued at a lump sum value of Rs 123 crore.

Last month, the company has bagged four letter of intent totalling Rs 14.07 crore from Utility Energytech Engineers Pvt Ltd,

Petron Engineering Construction, a subsidiary of KazStroyServices Plc. operates in the projects construction sector primarily in India.

Karvy Stock Broking Limited has maintained ‘Buy’ rating on Larsen & Toubro (L&T) stock with an intraday target of Rs 2900.

According to Karvy, day traders can purchase the stock above Rs 2810 with a strict stop loss of Rs 2750. If the stock market remains on positive track, the next target for the day will be above Rs 2905.

Valecha Engineering has informed that the company has secured projects

Mumbai-based Kilburn Engineering has entered into a MOU with Conwood

Karvy Stock Broking Limited has maintained ‘Sell’ rating on Larsen & Toubro

Indiabulls Securities Ltd is bullish on Larsen & Toubro (L&T). It has maintained an ‘outperform’ rating on the company with a target price of Rs 2720.