KEC International jumps on securing new orders of Rs 1429 crore across various businesses
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KEC International is currently trading at Rs. 456.05, up by 8.75 points or 1.96% from its previous closing of Rs. 447.30 on the BSE.
The scrip opened at Rs. 469.00 and has touched a high and low of Rs. 469.00 and Rs. 455.55 respectively. So far 15670 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 486.45 on 03-Mar-2021 and a 52 week low of Rs. 154.50 on 13-Apr-2020.
Last one week high and low of the scrip stood at Rs. 469.00 and Rs. 434.00 respectively. The current market cap of the company is Rs. 11754.08 crore.
The promoters holding in the company stood at 51.82%, while Institutions and Non-Institutions held 35.88% and 12.31% respectively.
KEC International has secured new orders of Rs 1429 crore across its various businesses. The company’s Transmission & Distribution business has secured orders of Rs 701 crore for T&D projects from Power Grid Corporation of India (PGCIL) and other customers in India, East Asia Pacific and the Americas. The Railways business has secured orders of Rs 366 crore in the emerging segments in India.
The company’s Civil business has secured orders of Rs 318 crore from reputed private players for infra works in the cement, residential and metals & mining segments in India and Cables’ business has secured orders of Rs 44 crore 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.
