Elecon Engineering Company, maker of mechanical handling equipment, announced that it has secured prestigious order worth Rs 1.2  billion from Mundra Port and Special Economic Zone of Adani Group.

According to sources, the company has won the contract for design, supply, erection, testing and commissioning of material handling system for West Port, Mundra.

Elecon is the first conglomerate in India to have manufactured sophisticated equipment for bulk material handling.

The company`s product range includes designing, engineering, manufacturing, supply, erection and commission of wagon tipplers, bucket wheel stacker or reclaimers, barrel-type blender reclaimers, fertilizer reclaiming scrapers, limestone pre-homegenizing and blending plants etc.

Shares of the company gained Rs 1.3, or 3.81%, to settle at Rs 35. The total volume of shares traded was 189,174 at the BSE (Friday).