KEC International zooms on securing orders of Rs 1,294 crore across various businesses
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KEC International is currently trading at Rs. 448.40, up by 18.50 points or 4.30% from its previous closing of Rs. 429.90 on the BSE.
The scrip opened at Rs. 423.10 and has touched a high and low of Rs. 451.60 and Rs. 423.10 respectively. So far 30649 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 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. 451.60 and Rs. 405.20 respectively. The current market cap of the company is Rs. 11390.30 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.10% and 10.02% respectively.
KEC International has secured new orders of Rs 1,294 crore across its various businesses. Transmission & Distribution (T&D) business has secured a large order for supply of towers in Americas, secured by its Brazilian subsidiary, SAE Towers. Railways business has secured two orders for Ballastless Track works (BLT) from Chennai Metro and Mumbai Metro in the technologically enabled segment 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.
