KEC International surges on bagging new orders of Rs 3,023 crore across various businesses
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KEC International is currently trading at Rs. 493.35, up by 18.15 points or 3.82% from its previous closing of Rs. 475.20 on the BSE.
The scrip opened at Rs. 503.00 and has touched a high and low of Rs. 503.00 and Rs. 491.65 respectively. So far 13534 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 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. 503.00 and Rs. 461.00 respectively. The current market cap of the company is Rs. 12216.84 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.18% and 9.94% respectively.
KEC International has secured new orders of Rs 3,023 crore across its various businesses. Civil business has secured orders for executing infra works in the Water Pipeline and Commercial building segments in India. Transmission & Distribution (T&D) business has secured orders for T&D projects in Americas. Cables business has secured orders 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.
