KEC International surges on securing new orders of Rs 1,423 crore
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KEC International is currently trading at Rs. 1006.50, up by 17.50 points or 1.77% from its previous closing of Rs. 989.00 on the BSE.
The scrip opened at Rs. 1036.05 and has touched a high and low of Rs. 1039.00 and Rs. 1002.30 respectively. So far 173648 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,039.00 on 06-Sep-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1039.00 and Rs. 920.95 respectively. The current market cap of the company is Rs. 26140.75 crore.
The promoters holding in the company stood at 51.88%, while Institutions and Non-Institutions held 37.96% and 10.17% respectively.
KEC International has secured new orders of Rs 1,423 crore for Design, Supply and Installation of 380 kV Transmission Lines in Saudi Arabia. These orders in Saudi Arabia along with the earlier orders in UAE and Oman have further reinforced its leadership in the Middle East and substantially enhanced 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.
