KEC International moves higher on securing new orders worth Rs 1,012 crore across various businesses
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KEC International is currently trading at Rs. 700.55, up by 36.15 points or 5.44% from its previous closing of Rs. 664.40 on the BSE.
The scrip opened at Rs. 698.05 and has touched a high and low of Rs. 739.00 and Rs. 692.00 respectively. So far 108452 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 405.20 on 14-Nov-2022.
Last one week high and low of the scrip stood at Rs. 739.00 and Rs. 638.25 respectively. The current market cap of the company is Rs. 18084.88 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.23% and 9.89% respectively.
KEC International has secured new orders of Rs 1,012 crore across its various businesses. The Civil business has secured a prestigious order from new clients in the Data centre and FMCG segments in India for building a Data centre in Western India and setting up of manufacturing facility for a global FMCG major in Southern India.
The Transmission & Distribution (T&D) business has secured orders for T&D projects in India and Americas for 765 kV Transmission line order in India from an existing private client and supply of towers, hardware and poles in Americas. The Cables business has secured orders for supply of 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.
