KEC International jumps on securing orders of Rs 1,373 crore across various businesses

KEC International is currently trading at Rs. 579.95, up by 28.35 points or 5.14% from its previous closing of Rs. 551.60 on the BSE.

kec international jumps on securing new orders worth rs 1025 crore
KEC International

The scrip opened at Rs. 579.90 and has touched a high and low of Rs. 586.00 and Rs. 571.65 respectively. So far 43929 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 586.00 on 14-Jun-2023 and a 52 week low of Rs. 351.80 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 586.00 and Rs. 526.05respectively. The current market cap of the company is Rs. 14180.99 crore.

The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.40% and 9.72% respectively.

KEC International has secured new orders of Rs 1,373 crore across its various businesses. Railways business has secured orders in the technologically enabled and conventional/emerging segments in India. Civil business has secured orders in the residential and commercial building segments in India. Transmission & Distribution (T&D) business has secured orders for T&D projects in India and Americas. Cables business has secured orders for various types of cables in India and overseas.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

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