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02-12-2024 10:05 AM | Source: Accord Fintech
KEC International shines on securing new orders worth Rs 1,040 crore

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KEC International is currently trading at Rs. 1069.25, up by 14.35 points or 1.36% from its previous closing of Rs. 1054.90 on the BSE.

The scrip opened at Rs. 1098.95 and has touched a high and low of Rs. 1098.95 and Rs. 1060.00 respectively. So far 49501 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,098.95 on 2-Dec-2024 and a 52 week low of Rs. 580.00 on 1- Dec-2023.

Last one week high and low of the scrip stood at Rs. 1098.95 and Rs. 997.45 respectively. The current market cap of the company is Rs. 28081.44 crore.

The promoters holding in the company stood at 50.10%, while Institutions and Non-Institutions held 39.93% and 9.97% respectively.

KEC International has secured new orders of Rs 1,040 crore in its Transmission and Distribution (T&D) business in the international markets. The company has bagged orders for supply of towers, hardware and poles in Americas and 220 kV Transmission lines in CIS. The order in CIS has reinforced company’s presence in this region and further strengthened its International T&D order book.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.