L&T share prices gain by 2% as it secures order from refinery & petrochemical sector

After L&T Hydrocarbon Engineering won the order from HPCL Rajasthan Refinery Limited the share prices of Larsen & Turbo increased by 2% in a intraday today. The unit which is licensed by TechnipFMC includes engineering, procurement, construction and commissioning contract for setting up a petro-chemical fludized catalytic cracking which also includes propylene recovery unit which is situated in Barmer.

It has also bagged the project for setting up a Dual feed cracker unit EPCC-07 package for the refinery project. DFCU is the biggest EPCC contract awarded in India.

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