The Mumbai-based Petron Engineering Construction has secured an order worth Rs 8.72 crore for electrical erection power plant from Lanco Infratech.

The scope of work includes complete package of electrical erection for their 366-MW combined cycle power plant in Andhra Pradesh

Incorporated in 1976, Petron Engineering provides services in mechanical, erection, piping, electrical, instrumentation, painting, refractory and insulation work for refineries, chemicals, petrochemicals, cement, fertilizers, metallurgical, power plants and other industrial plants.

The stock closed the day at Rs. 68.50, down by Rs. 1.40 or 1.97%. The stock hit an intraday high of Rs 72 and low of Rs 67.90.