KEC International wins New Orders of Rs. 1,092 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,092 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 Railways business has secured an order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation (Mission 'Raftaar') in India.

The Civil business has secured orders in the Residential, Industrial and Defence segments 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, "We are pleased with the new order wins secured across our business verticals. The orders in T&D have enhanced our order book in both domestic and international markets. Our Railway business has further consolidated its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission 'Raftaar.' The Civil business continues to be on a high growth trajectory, with consistent order inflows across segments, especially metals & mining and realty."

Shares of KEC International Limited was last trading in BSE at Rs. 361.90 as compared to the previous close of Rs. 370.40. The total number of shares traded during the day was 16671 in over 1737 trades.

The stock hit an intraday high of Rs. 369.15 and intraday low of 351.80. The net turnover during the day was Rs. 5990970.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin