KEC wins a New Order of Rs. 1,064 crore in the International T&D business

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured a new order of Rs. 1,064 crore for Design, Supply and Installation of 380 kV Transmission line in Saudi Arabia.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are pleased with the continuous inflow of orders, especially in our T&D business. The consecutive wins in Saudi Arabia, along with the earlier order wins in the Middle East have substantially bolstered our international T&D order book. The Middle East region continues to be a strategic growth driver for us as reflected in this order and the strong momentum built earlier this year. With this win, our YTD order intake has surpassed Rs 15,000 crore."

Shares of KEC International Limited was last trading in BSE at Rs. 858.25 as compared to the previous close of Rs. 853.95. The total number of shares traded during the day was 23738 in over 1181 trades.

The stock hit an intraday high of Rs. 865.00 and intraday low of 841.90. The net turnover during the day was Rs. 20332350.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 HeavyElectricalEquipment OrderWin Transmission Distribution