KEC International wins New Orders of Rs. 1,036 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,036 crores across its various businesses:

The Transmission & Distribution (T&D) business has secured orders for T&D projects in Middle East and Americas:

- Setting up Overhead Transmission lines in the United Arab Emirates (UAE)

- Supply of towers, hardware and poles in Americas

The Railways business has secured an order for additional work in the conventional segment in India.

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

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are pleased to begin the financial year with prestigious order wins, particularly in our T&D business. These order wins have significantly enhanced our order book in the International T&D market and further strengthened our presence in the Middle East. The order inflows at the start of the financial year reaffirm our confidence in achieving the targeted order intake for the year."

Shares of KEC International Limited was last trading in BSE at Rs. 731.35 as compared to the previous close of Rs. 726.30. The total number of shares traded during the day was 18034 in over 1304 trades.

The stock hit an intraday high of Rs. 737.90 and intraday low of 725.10. The net turnover during the day was Rs. 13187304.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin