KEC International soars on securing orders of Rs 1,304 crore
KEC International is currently trading at Rs. 635.80, up by 12.90 points or 2.07% from its previous closing of Rs. 622.90 on the BSE.
The scrip opened at Rs. 640.85 and has touched a high and low of Rs. 643.75 and Rs. 632.50 respectively. So far 7454 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. 437.95 on 01-Feb-2023.
Last one week high and low of the scrip stood at Rs. 643.75 and Rs. 607.25 respectively. The current market cap of the company is Rs. 16014.03 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 1,304 crore across its various businesses. The company’s Transmission & Distribution (T&D) business has secured orders for T&D projects in India, SAARC and Americas. Civil business has secured an order in the Residential building 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.
