Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

KEC International wins New Orders of Rs. 1,323 crore

Posted On: 2019-03-12 11:40:56

KEC International Ltd. a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,323 crore across its various businesses.

Transmission & Distribution: The T&D business has secured turnkey orders of Rs. 287 crore across India, UAE and the Americas:

- Extension of 765 kV GIS substation order from PGCIL
- 132 kV GIS substation order in UAE
- Various orders received by SAE Towers in the Americas

Railways: The Railway business has secured orders for composite and overhead electrification works aggregating toRs. 644 crore in India.

Civil: The Civil business has secured fresh and change orders for civil and construction works aggregating to Rs. 91 crore from leading automobile companies.

Smart Infra: The Smart Infra business has secured two orders as Master Service Integrator for Smart City ICT Components aggregating toRs. 233 crore for one brownfield and one greenfield smart city.

Cables: The Cables business has secured orders of Rs. 68 crore for various types of Cables/ Cabling works.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the new order wins especially in our Railways and Smart Infra businesses. The second substation order in UAE strengthens our substation portfolio in the Middle East market. The order wins in Railways help us to further consolidate our order book and establish leadership in this sector. We are particularly enthused by the orders secured by our Smart Infra business in the core Smart City segment. These order wins give us confidence that Smart Infra business can become a significant part of KEC's overall business portfolio going forward."

Shares of KEC INTERNATIONAL LTD. was last trading in BSE at Rs.272.7 as compared to the previous close of Rs. 266.1. The total number of shares traded during the day was 22214 in over 593 trades.

The stock hit an intraday high of Rs. 273.5 and intraday low of 266.4. The net turnover during the day was Rs. 6029161.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Dynamic Industries Ltd board to consider divestment of subsidiary

Sonata Software makes Strategic Investment in Retail10X

Karnataka Bank reports Rs. 13.26 crore fraud to RBI

CCL Products India Ltd board declares interim dividend of Rs. 1.75

Sri KPR Industries Ltd board to consider sale of 1.5 MW wind mill unit

Vikas WSP Ltd receives export orders aggregating Rs. 176.84 crore

International Paper APPM Ltd to shut Rajahmundry facility from March 25 to March 30, 2019

Newly launched Domino's Pizza in Bangladesh breaks global record in first week

Sustained water conservation efforts in Suburban Tambaram, Chennai

James Warren Tea Ltd board approves buy back at Rs. 115

Escorts Ltd appoints Mr. Shailendra Agrawal as an Executive Director

EID Parry Ltd to invest Rs. 70 crore in subsidiary

Infosys to enter into agreement with The House Fund II, L P

US FDA completes audit of R&D facility of Aurigene Discovery Technologies Ltd

Jindal Stainless Park Ltd becomes subsidiary of Jindal Stainless Ltd

Raghav Productivity Enhancers bestowed with 'SME - Empowering India Awards 2019'

Tejas Networks appoints two new board of directors

Kallam Textiles Ltd calls for rights issue committee meeting on March 27, 2019

Tata Steel Bsl Ltd allots OCRPS worth Rs. 6700 crore to Tata Steel

Galaxy Surfactants Ltd board to consider interim dividend on March 29, 2019

ICRA reaffirms rating of Deepak Nitrite Ltd

Bharat Gears Ltd board fixes April 3, 2019 as record date for rights issue

Amber Enterprises India Ltd to acquires 80% in Sidwal Refigeration Industries Pvt Ltd

Sukhjit Starch & Chemicals Ltd board to consider allotment of bonus shares on March 30, 2019

EID Parry Ltd declares second interim dividend of Rs. 1

Alkem Laboratories Ltd update on US FDA Inspection at its facility located at St. Louis, USA

Mac Hotels Ltd calls for board meeting on March 29, 2019

Cadila's Pharmaceutical Technology Centre successfully completes USFDA inspection

Zydus receives final approval from the USFDA for Lurasidone Hydrochloride Tablets

Aurionpro wins prestigious order from a leading bank in Singapore

Steelco Gujarat Ltd updates on loan agreement with Costronal Holdings SA

Caplin Steriles gets USFDA approval for Glycopyrrolate Injection

Lupin launches generic Levothyroxine Sodium Tablets USP

Barclays and TCS partner to Help Children with Locomotor Disabilities

Mahindra World City, Jaipur launches eco-friendly bicycle sharing services

GVK Group stake in Mumbai Airport to increase to 74%

Tata Power SED bags Rs 1,200 crore contract from the Ministry of Defence

Woodsvilla Ltd fixes record date for sub-division of equity shares

Alembic Pharma receives USFDA Approval for Azelastine Hydrochloride Ophthalmic Solution, 0.05%

PVR Cinemas launches its 10th multiplex in Telangana

Garden Reach Shipbuilders & Engineers Ltd board to consider interim dividend on March 24, 2019

Jubilant Life Sciences Ltd updates on USFDA inspection at API facility, Nanjangud

MeDirect Bank Belgium, the Online Only Bank, Extends its Product Offerings with Infosys Finacle

Hansard Global Plc Selects SaaS-Based Majesco LifePlus Solutions to Transform their Business

ENIL commences radio station at Asansol

Mac Charles India Ltd seeks shareholders approval for related party transactions

1st Foundation Day of ICT-IOC

Infosys Ltd board to consider Q4, FY19 results on April 11 - 12, 2019

Syngene International wins CMO Leadership Awards presented by Life Science Leader Magazine

Rane Madras Ltd to invest $20 mn in US arm







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019