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ISGEC Heavy Eng gains on partnering US-based firm for DSI technology

ISGEC Heavy Engineering rose 1.68% to Rs 528.65 after the company said it has signd a project specific collaboration agreement with US-based United Conveyor Corporation for Dry Sorbent Injection (DSI) technology.DSI technology can be used to reduce sulphur dioxide emissions from thermal power plants. ISGEC Heavy Engineering s consolidated net profit rose 2.9% to Rs 64.88 crore on a 17.4% drop in net sales to Rs 1,392.46 crore in Q3 FY21 over Q3 FY20. ISGEC Heavy Engineering is a diversified heavy engineering company engaged in manufacturing and project businesses with an extensive global presence. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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