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.

Shares of the company gained Rs 15.30, or 6%, to end at Rs 256. The total volume of shares traded was 57,500 at the BSE. (Thursday)