KEC International wins New T&D Orders of Rs. 1,171 crores in Middle East

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders in its Transmission and Distribution (T&D) business:

- 400 kV Transmission line in the United Arab Emirates (UAE)
- 380 kV Transmission line in Saudi Arabia

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the ongoing success in our T&D business, highlighted by a series of significant order wins. The sustained inflow of orders in the Middle East has substantially expanded our International T&D order book. With the above orders, our YTD order intake stands at ~Rs 10,000 crores, a stellar growth of 80% compared to last year. These orders, coupled with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward."

Shares of KEC International Limited was last trading in BSE at Rs. 867.30 as compared to the previous close of Rs. 863.75. The total number of shares traded during the day was 7899 in over 509 trades.

The stock hit an intraday high of Rs. 870.45 and intraday low of 854.80. The net turnover during the day was Rs. 6813909.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin