KEC International wins New Orders of Rs. 1,024 crore

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,024 crore across its various businesses:

Transmission & Distribution: The business has secured orders for T&D projects in India, Middle East, Africa and the Americas.

Railways: The business has secured an order for a Doubling project including Track linking, Signaling & Telecommunication (S&T) and Overhead Electrification (OHE) works in India.

Civil: The business has secured an order for infra works in the cement segment in India.

Solar: The business has secured an order for a 13.60 MWp rooftop solar project in India.

Cables: The business has secured orders for various types of cables / cabling projects in India and overseas.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are pleased with the new order wins secured across our business verticals amidst global uncertainties. Our T&D order book continues to grow on the backdrop of orders secured across various geographies, especially in the international markets. The Railway order further strengthens our leadership in the conventional Railway segment."

Shares of KEC INTERNATIONAL LTD. was last trading in BSE at Rs.362.3 as compared to the previous close of Rs. 366.05. The total number of shares traded during the day was 21842 in over 977 trades.

The stock hit an intraday high of Rs. 371.3 and intraday low of 359.2. The net turnover during the day was Rs. 7939824.

Source : Equity Bulls

Keywords