KEC International shines on securing orders worth Rs 1,002 crore in Civil business
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
KEC International is currently trading at Rs. 717.00, up by 19.60 points or 2.81% from its previous closing of Rs. 697.40 on the BSE.
The scrip opened at Rs. 715.30 and has touched a high and low of Rs. 742.80 and Rs. 700.00 respectively. So far 13453 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. 523.40 on 07-Jun-2023.
Last one week high and low of the scrip stood at Rs. 785.05 and Rs. 675.10 respectively. The current market cap of the company is Rs. 17929.34 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 orders of Rs 1,002 crore in its Civil business. The company has bagged orders for Residential projects in Northern and Southern India from renowned real estate developers and for construction of official residences and associated facilities for senior Defence officials in India.
In April, the company had secured new orders of Rs 1,036 crore across its various businesses.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
