KEC International shines on securing orders of Rs 1,042 crore across various businesses
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KEC International is currently trading at Rs. 589.75, up by 14.05 points or 2.44% from its previous closing of Rs. 575.70 on the BSE.
The scrip opened at Rs. 591.00 and has touched a high and low of Rs. 604.35 and Rs. 587.80 respectively. So far 44232 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 604.35 on 6-July-2023 and a 52 week low of Rs. 386.55 on 12-Aug-2022.
Last one week high and low of the scrip stood at Rs. 604.35 and Rs. 549.90 respectively. The current market cap of the company is Rs. 14800.58 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 1,042 crore across various businesses. Railways business has secured its maiden international order for a Signaling & Telecommunication project in SAARC. Civil business has secured an order in the Metals & Mining segment from a reputed steel player in India. Transmission & Distribution (T&D) business has secured orders for T&D projects in India, Middle East, Europe and Americas. Cables business has secured orders for supply of 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.
