Artson Engineering has received a letter of intent of about ₹24.15 crore from GMR Hyderabad International Airport.

The LOI is for design, supply & construction of ATF tanks and associated works on EPC basis in the existing fuel-farm within Rajiv Gandhi International Airport, Shamshabad, Hyderabad.

Shares of Artson Engineering jumped 7.7 per cent at ₹63 on the BSE.