KEC International wins New Orders of Rs. 1,041 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,041 crores across its various businesses:

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

The Civil business has secured an order for building a Data Centre in Western India.

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

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are very happy with the order wins, especially in the Domestic T&D segment. With these orders, our YTD order intake stands at ~Rs. 12,000 crores, a robust growth of over two times vis-à-vis last year. We are particularly enthused by our second order in the growing Data Centre segment."

Shares of KEC International Limited was last trading in BSE at Rs. 459.40 as compared to the previous close of Rs. 454.80. The total number of shares traded during the day was 28925 in over 1566 trades.

The stock hit an intraday high of Rs. 462.90 and intraday low of 451.90. The net turnover during the day was Rs. 13223738.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin