Mumbai, October 16 (Daily Kiran): Shares of KEC International Ltd traded higher on Thursday after the company announced that its Transmission and Distribution (T&D) business has secured a new order worth ₹1,038 crore in Saudi Arabia.
The stock was quoted at ₹853.50, up ₹2.95 or 0.35%, from its previous close of ₹850.55 on the BSE. The scrip opened at ₹863.05 and touched a high of ₹874.40 and a low of ₹849.40 during the session. Around 26,383 shares changed hands. The company’s market capitalization currently stands at ₹22,720.17 crore.
The BSE Group ‘A’ stock, with a face value of ₹2, has recorded a 52-week high of ₹1,312.00 (December 4, 2024) and a low of ₹605.05 (April 7, 2025). The promoter shareholding stands at 50.10%, while institutional investors and non-institutional investors hold 38.58% and 11.32%, respectively.
According to the company’s statement, the order involves the design, supply, and installation of a 380 kV GIS substation in Saudi Arabia, further strengthening KEC’s footprint in the Middle East’s power infrastructure segment.
Earlier, KEC had bagged new orders worth ₹1,174 crore for Transmission and Distribution (T&D) projects across India and the Middle East, highlighting the company’s strong project pipeline and execution capabilities.
KEC International Ltd, part of the RPG Group, is a global infrastructure EPC major with operations spanning power transmission and distribution, railways, civil, water, renewables, and cables. The company continues to expand its international presence with strategic project wins across diverse geographies.
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