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KEC International gains on securing new orders of Rs 1,108 crore
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KEC International is currently trading at Rs. 441.75, up by 12.40 points or 2.89% from its previous closing of Rs. 429.35 on the BSE.
The scrip opened at Rs. 435.00 and has touched a high and low of Rs. 450.00 and Rs. 435.00 respectively. So far 49827 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. 450.50 and Rs. 401.70 respectively. The current market cap of the company is Rs. 11038.09 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.64% and 9.48% respectively.
KEC International has secured new orders of Rs 1,108 crore across its various businesses. Transmission & Distribution (T&D) business has secured orders for T&D and Cabling projects in India, Middle East and Africa. Railways business has secured orders in the technologically enabled and conventional/ emerging segments in India. Oil & Gas Pipelines business has secured an order for laying of cross-country pipeline and associated works in India.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
