KEC International wins New Orders of Rs. 1,514 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,514 crores across its various businesses:

The Transmission & Distribution (T&D) business has secured orders of Rs. 326 crores for T&D projects in India and the Americas.

The Civil business has secured orders of Rs. 1,035 crores for the construction of elevated viaduct along with stations for a metro project and for mechanical & civil works in two cement plants.

The Cables business has secured orders of Rs. 153 crores for various types of cables in India and overseas.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the new order wins amidst challenging times. The Metro order widens our presence in the Urban Infra sector. With this order, we are currently executing six Metro / Regional Rapid Transit System (RRTS) projects. The tower supply orders in Americas, secured by our subsidiary SAE Towers, further strengthens our order book in that region."

Shares of KEC INTERNATIONAL LTD. was last trading in BSE at Rs.381.8 as compared to the previous close of Rs. 381.1. The total number of shares traded during the day was 41645 in over 1358 trades.

The stock hit an intraday high of Rs. 397 and intraday low of 378. The net turnover during the day was Rs. 16120700.

Source : Equity Bulls

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