KEC International surges on securing new orders of Rs 2,042 crore across various businesses
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KEC International is currently trading at Rs. 429.95, up by 6.30 points or 1.49% from its previous closing of Rs. 423.65 on the BSE.
The scrip opened at Rs. 429.95 and has touched a high and low of Rs. 429.95 and Rs. 429.95 respectively. So far 435 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. 438.85 and Rs. 415.10 respectively. The current market cap of the company is Rs. 10891.55 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 2,042 crore across its various businesses. The company’s Transmission & Distribution (T&D) business has secured orders for T&D projects in Middle East and Americas. The company’s civil business has secured orders for infra works in the Water Pipeline and Data Centre segments in India. The Railways business has secured orders in conventional and technologically enabled segments in India. 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.
