KEC International gains on securing orders of Rs 1,082 crore in T&D business
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KEC International is currently trading at Rs. 480.55, up by 4.65 points or 0.98% from its previous closing of Rs. 475.90 on the BSE.
The scrip opened at Rs. 476.50 and has touched a high and low of Rs. 500.00 and Rs. 476.50 respectively. So far 24634 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. 318.50 on 21-Dec-2020.
Last one week high and low of the scrip stood at Rs. 550.00 and Rs. 468.35 respectively. The current market cap of the company is Rs. 12427.65 crore.
The promoters holding in the company stood at 51.82%, while Institutions and Non-Institutions held 38.11% and 10.07% respectively.
KEC International has secured new orders of Rs 1,082 crore in the T&D business. The company has bagged 400 kV Transmission line order in SAARC, from Power Grid Company of Bangladesh (PGCB). It also received 400 kV Transmission line order in India, from a leading private developer under Tariff Based Competitive Bidding (TBCB) route.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
