KEC International shines on bagging new orders worth Rs 1,005 crore
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KEC International is currently trading at Rs. 611.00, up by 11.65 points or 1.94% from its previous closing of Rs. 599.35 on the BSE.
The scrip opened at Rs. 615.05 and has touched a high and low of Rs. 627.00 and Rs. 609.05 respectively. So far 13419 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. 411.75 on 21-Nov-2022.
Last one week high and low of the scrip stood at Rs. 627.00 and Rs. 569.65 respectively. The current market cap of the company is Rs. 15408.59 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 38.40% and 9.72% respectively.
KEC International has secured new orders of Rs 1,005 crore across its various businesses. The Transmission & Distribution (T&D) business has secured orders for T&D and cabling projects in India, Middle East, Europe, Africa and Americas for 220 and 400 kV Overhead Transmission lines in Middle east, 110kV Transmission lines in Europe, supply of Towers in Middle East, Africa and Americas, supply of Hardware and Poles in Americas and for 220kV cabling works in India.
Its railways business has secured an order for 25 kV Overhead Electrification (OHE) & associated works in the conventional segment in India. 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.
