KEC International wins significant orders of Rs. 1,704 crores in India T&D

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured prestigious turnkey orders of Rs. 1,704 crores in its Transmission & Distribution (T&D) business for Design, Supply and Installation of 765 kV Transmission Lines and GIS Substations from Power Grid Corporation of India Limited (PGCIL).

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the continuous inflow of orders, especially in our T&D business. These 765 kV orders from PGCIL have further strengthened our India T&D order book, reaffirming our confidence in the continued strong growth of this business. With these orders, our YTD order intake now stands at Rs. 16,300 crores, reflecting an impressive growth of over 60% compared to last year."

Shares of KEC International Limited was last trading in BSE at Rs. 1023.45 as compared to the previous close of Rs. 1023.75. The total number of shares traded during the day was 10291 in over 751 trades.

The stock hit an intraday high of Rs. 1043.95 and intraday low of 1012.95. The net turnover during the day was Rs. 10569293.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin