KEC International shines on securing new orders worth Rs 1,036 crore
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KEC International is currently trading at Rs. 758.40, up by 27.05 points or 3.70% from its previous closing of Rs. 731.35 on the BSE.
The scrip opened at Rs. 763.85 and has touched a high and low of Rs. 778.60 and Rs. 752.85 respectively. So far 16906 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.25 on 04-Apr-2024 and a 52 week low of Rs. 458.75 on 12-May-2023.
Last one week high and low of the scrip stood at Rs. 778.60 and Rs. 722.10 respectively. The current market cap of the company is Rs. 18802.16 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 1,036 crore across its various businesses. Its Transmission & Distribution (T&D) business has secured orders for T&D projects in Middle East and Americas for setting up Overhead Transmission lines in the United Arab Emirates (UAE) and to supply of towers, hardware and poles in Americas.
Its Railways business has secured an order for additional work in the conventional segment 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.
