KEC International rises on securing new orders worth Rs 2,257 crore
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KEC International is currently trading at Rs. 694.15, up by 4.45 points or 0.65% from its previous closing of Rs. 689.70 on the BSE.
The scrip opened at Rs. 701.00 and has touched a high and low of Rs. 710.35 and Rs. 687.00 respectively. So far 20703 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 769.00 on 11-Mar-2024 and a 52 week low of Rs. 443.25 on 29-Mar-2023.
Last one week high and low of the scrip stood at Rs. 769.00 and Rs. 685.00 respectively. The current market cap of the company is Rs. 17845.79 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 37.85% and 10.28% respectively.
KEC International has secured new orders of Rs 2,257 crore across its various businesses. The Transmission & Distribution business has secured project for 765 kV Transmission line and substation orders in India, from Power Grid Corporation of India (PGCIL) and Supply of Towers, Hardware and Poles in Americas.
Oil & Gas Pipelines business has secured its first international order for a pipeline laying project. Civil business has secured an order in the metals & mining segment from a reputed steel player in India. 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.
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