KEC wins a New Order of Rs. 1,038 crore in the International T&D business

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured a new order of Rs. 1,038 crore for Design, Supply and Installation of 380 kV GIS Substation in Saudi Arabia.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our YTD order intake has surpassed Rs 16,000 crore, representing a healthy growth of ~20%."

Shares of KEC International Limited was last trading in BSE at Rs. 850.55 as compared to the previous close of Rs. 857.90. The total number of shares traded during the day was 61378 in over 2630 trades.

The stock hit an intraday high of Rs. 862.10 and intraday low of 841.00. The net turnover during the day was Rs. 52287613.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrderWin