KEC International jumps on securing new orders worth Rs 1,017 crore
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KEC International is currently trading at Rs. 951.20, up by 48.50 points or 5.37% from its previous closing of Rs. 902.70 on the BSE.
The scrip opened at Rs. 940.05 and has touched a high and low of Rs. 968.20 and Rs. 940.05 respectively. So far 160748 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jun-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023.
Last one week high and low of the scrip stood at Rs. 968.20 and Rs. 874.75 respectively. The current market cap of the company is Rs. 24522.37 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.30% and 9.83% respectively.
KEC International has secured new orders of Rs 1,017 crore in T&D and Renewables businesses. The Transmission & Distribution (T&D) business has secured orders for EPC project and supply of towers in the Middle East.
The Renewables business has secured an order for Balance of System Package of a 625 MWp Solar PV project in Rajasthan from a subsidiary of a reputed PSU in renewable power generation segment.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
