KEC International soars on bagging orders of Rs 1,140 crore across various businesses
KEC International is currently trading at Rs. 442.10, up by 11.70 points or 2.72% from its previous closing of Rs. 430.40 on the BSE.
The scrip opened at Rs. 443.00 and has touched a high and low of Rs. 444.45 and Rs. 439.30 respectively. So far 3291 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 444.45 on 1-March-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. 444.45 and Rs. 407.00 respectively. The current market cap of the company is Rs. 11338.88 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 1,140 crore across its various businesses. The Transmission & Distribution business has secured orders of Rs 963 crore for T&D projects in Middle East and Africa. The Railways business has secured an order of Rs. 113 crore for 2 x 25 kV Overhead Electrification (OHE) and associated works for speed upgradation in India. The Civil business has secured an order of Rs 64 crore for infra works in the Hydrocarbon segment in India.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
