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2024-02-08 10:41:23 am | Source: Accord Fintech
KEC International shines on securing new orders worth Rs 1,175 crore

KEC International is currently trading at Rs. 671.55, up by 20.70 points or 3.18% from its previous closing of Rs. 650.85 on the BSE.

The scrip opened at Rs. 685.45 and has touched a high and low of Rs. 685.45 and Rs. 668.35 respectively. So far 27792 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. 442.80 on 28-Feb-2023.

Last one week high and low of the scrip stood at Rs. 685.45 and Rs. 645.50 respectively. The current market cap of the company is Rs. 17401.03 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 1,175 crore across its various businesses. The Transmission & Distribution business has secured project for 765 kV Transmission line and 765 kV GIS Substation in India, from Power Grid Corporation of India (PGCIL) and supply of Transmission Hardware in Americas. Civil business has secured an order in the Residential building segment in India. The solar business has secured an order for solar projects in India.

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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