Invest today in Lloyd electrics for a high return

Lloyd Electric gains 3% on order win from GE Transportation GE Transportation has signed a contract with the company to supply custom designed air-conditioning units for the Indian Railways Marhowra Locomotive project, manufactured in company's factory in Bhiwadi, Rajasthan over a period of 11 years. | 1 Comments Moneycontrol Bureau Shares of  Lloyd Electric and Engineering   added 3.2 percent intraday Tuesday as it has bagged order worth USD 18 million from GE Transportation. GE Transportation has signed a contract with the company to supply custom designed air-conditioning units for the Indian Railways Marhowra Locomotive project, manufactured in company's factory in Bhiwadi, Rajasthan over a period of 11 years. "This project is a significant win for Lloyd Electric & Engineering and builds on existing business between GE Transportation and Noske-Kaeser Rail & Vehicle New Zealand," as per company release. At 09:38 hrs Lloyd Electric and Engineering was quoting at Rs 278.10, up Rs 4.40, or 1.61 percent on the BSE.

Read more at: http://www.moneycontrol.com/news/buzzing-stocks/lloyd-electric-gains-3order-winge-transportation_7480301.html?utm_source=ref_article