Fedders Lloyd's announced that its Power Division has bagged orders worth Rs2.57bn from M.P. Madhya Kshetra Vidyut Vitaran Co. Ltd., Bhopal
Shares of Fedders Lloyd have shot up by over 12% to Rs85.40. The scrip opened at Rs77.3 it touched an intra-day high of Rs86.80 and a low of Rs77.10 and has recorded volumes of over 76,000 shares on NSE.