KEC International surges on securing orders of Rs 1,100 crore
KEC International is currently trading at Rs. 905.85, up by 18.50 points or 2.08% from its previous closing of Rs. 887.35 on the BSE.
The scrip opened at Rs. 927.65 and has touched a high and low of Rs. 940.00 and Rs. 905.10 respectively. So far 98656 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jul-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. 940.00 and Rs. 864.00 respectively. The current market cap of the company is Rs. 23446.46 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 new orders of Rs 1,100 crore for Transmission & Distribution (T&D) projects in India, Middle East, Australia and Americas. Of these orders, the company has bagged 765 kV Transmission line and 765 kV GIS Substation orders in India from Power Grid Corporation of India (PGCIL); 132 kV Transmission line in the United Arab Emirates (UAE); Supply of Towers in Australia and Americas; and Supply of Hardware and Poles in Americas.
KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.
