KEC International wins New Orders of Rs. 1,503 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,503 crores across its various businesses:

The Transmission & Distribution (T&D) business has secured orders of Rs 866 crores for T&D projects in India, SAARC, Africa, and the Americas.

The Railways business has secured orders of Rs 321 crores in conventional/ emerging segments in India:

- Overhead Electrification (OHE) - Order for Overhead Electrification (OHE) and associated works

- Semi High-Speed Rail - Order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation

- Port connectivity - Orders for Overhead Electrification (OHE) and associated works for port connectivity from a private port operator

The Civil business has secured orders of Rs 176 crore for infra works in the Metals & Mining, Data Centre and FMCG segments in India.


The Cables business has secured orders of Rs 140 crores for various types of cables in India and overseas.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are pleased with the traction in orders, amidst global upheavals. Our order book continues to grow with orders secured across business verticals. With these orders, our YTD order intake has surpassed Rs. 4,000 crores with a strong growth of over two times vis-à-vis last year. Our Railway business has strengthened its presence with orders in both conventional and new segments. We are also enthused by the diverse orders secured in Civil, which further widens our client portfolio."

Shares of KEC INTERNATIONAL LTD. was last trading in BSE at Rs. 427.4 as compared to the previous close of Rs. 429.2. The total number of shares traded during the day was 25187 in over 1408 trades.

The stock hit an intraday high of Rs. 441 and intraday low of 425.1. The net turnover during the day was Rs. 10916361.

Source : Equity Bulls

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