KEC International zooms on securing new orders of Rs 816 crore
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. 833.95, up by 105.40 points or 14.47% from its previous closing of Rs. 728.55 on the BSE.
The scrip opened at Rs. 757.05 and has touched a high and low of Rs. 836.85 and Rs. 757.05 respectively. So far 76306 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 836.85 on 04-Apr-2024 and a 52 week low of Rs. 446.05 on 05-Apr-2023.
Last one week high and low of the scrip stood at Rs. 836.85 and Rs. 695.00 respectively. The current market cap of the company is Rs. 18730.17 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 816 crore across its various businesses. The company’s Civil business has secured orders for infrastructure projects in India including setting up of a Steel plant in Northern India; Building a Cement plant in Central India; and establishing a plant for Carbon derivates in Eastern India.
The company’s Transmission & Distribution (T&D) business has secured orders for supply of towers in the United States of America. Its 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.
