KEC International wins New Orders of Rs. 1,236 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,236 crores across various businesses:

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

- Transmission line and Substation orders in Middle East (UAE and Kuwait)
- Substation order from a private TBCB player in India

The Civil business has secured an order for a Residential project from a leading private developer in Western India.

The Transportation business has secured an order in the prestigious Train Collision Avoidance System (TCAS) segment under 'Kavach' 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 delighted with the new order wins, especially the substation orders in both India and International markets. The order in UAE has significantly expanded our order book in the Middle East substation market. Our Civil business continues to expand its client base in the Residential segment with the addition of a renowned real estate developer. With these orders, our total order intake for FY25 stands at a record level of ~Rs. 24,600 crores, a robust growth of 36% vis-à-vis last year."

Shares of KEC International Limited was last trading in BSE at Rs. 782.55 as compared to the previous close of Rs. 798.65. The total number of shares traded during the day was 48808 in over 2350 trades.

The stock hit an intraday high of Rs. 809.50 and intraday low of 775.00. The net turnover during the day was Rs. 38797353.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin