KEC International shines on securing new orders of Rs 1,092 crore

KEC International is currently trading at Rs. 373.30, up by 11.40 points or 3.15% from its previous closing of Rs. 361.90 on the BSE.

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

The scrip opened at Rs. 373.80 and has touched a high and low of Rs. 381.65 and Rs. 369.00 respectively. So far 5024 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 381.65 and Rs. 351.80 respectively. The current market cap of the company is Rs. 9304.03 crore.

The promoters holding in the company stood at 51.82%, while Institutions and Non-Institutions held 38.58% and 9.60% respectively.

KEC International has secured new orders of Rs 1,092 crore across its various businesses. Transmission & Distribution (T&D) has secured orders for T&D projects in India, Middle East and Americas. Railway business has secured an order for 2×25 kV Overhead Electrification (OHE) & associated works for speed upgradation (Mission ‘Raftaar’) in India.

Civil business has secured orders in the residential, industrial and defence segments in India. 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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