2025-05-02 10:02:28
Latest Post
Godrej Agrovet Limited consolidated Q4FY25 net profit drops QoQ to Rs. 70.78 crores
L G Balakrishnan & Bros Ltd posts Rs. 84.03 crores consolidated profit in Q4FY25
Swastika Investmart Ltd Q4 FY2025 consolidated profit slumps to Rs. 27.17 lakhs
Vertex Securities Ltd consolidated Q4 FY25 loss at Rs. 53.99 lakhs
The Federal Bank Limited consolidated Q4FY25 PAT jumps to Rs. 1108.31 crores
Stock Report
KEC International wins new orders of Rs. 1,025 crores
Posted On : 2022-01-07 21:44:38( TIMEZONE : IST )
KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,025 crores across its various businesses:
The Transmission & Distribution (T&D) business has secured orders for T&D projects in India and Middle East:
- 400 kV Transmission line and 400/220 kV substation order in India, from a leading private developer under Tariff Based Competitive Bidding (TBCB) route
- 380 kV Transmission line order from Saudi Electricity Company (SEC)
The Railways business has secured an order for 2 x 25 kV Overhead Electrification (OHE) and associated works for speed upgradation in India.
The Civil business has secured an order for infra works in the Metals & Mining segment in India.
The Oil & Gas Pipelines business has secured an order for laying of a slurry pipeline and associated works in India.
The Smart Infra business has secured an order as Master System Integrator (MSI) for Smart City Components for three smart cities in 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, "Our order book continues to grow on the backdrop of orders secured across all our business verticals. With these orders, our YTD order intake surpasses Rs. 13,000 crores, with a staggering growth of ~2 times vis-à-vis last year. We are pleased with the orders in T&D, especially the TBCB order, which strengthens our order book in the domestic T&D market and diversifies our clientele. The Railway business further consolidates its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission 'Raftaar.' The large orders in Civil and Oil & Gas Pipelines reaffirm our confidence in the strong growth of these businesses going forward. We are also enthused by the prestigious order in Smart Infra to develop three smart cities in India."
Shares of KEC International Limited was last trading in BSE at Rs. 461.40 as compared to the previous close of Rs. 460.50. The total number of shares traded during the day was 10022 in over 846 trades.
The stock hit an intraday high of Rs. 467.45 and intraday low of 456.75. The net turnover during the day was Rs. 4637607.00.
