KEC International wins New Orders of Rs. 1,002 crores

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs. 1,002 crores across various businesses:

The Transmission & Distribution (T&D) business has secured orders for T&D projects:

- 220/132 kV Transmission lines, Substations and EHV Cabling (Composite order) in India
- Additional order for a 400 kV Transmission line in the International market
- Supply of towers, hardware and poles in the Americas

The Cables & Conductors business has secured orders for supply of various types of cables and conductors in India and the overseas market.

Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, "We are pleased with the new order wins, especially the orders in our T&D business. These orders have significantly strengthened our T&D order book, led by the significant composite order secured in India T&D. The addition of this order has further diversified our customer mix in the India T&D order book. With these wins, our year-to-date order intake stands at ~Rs 21,300 Cr."

Shares of KEC International Limited was last trading in BSE at Rs. 583.25 as compared to the previous close of Rs. 584.05. The total number of shares traded during the day was 15128 in over 684 trades.

The stock hit an intraday high of Rs. 592.15 and intraday low of 580.00. The net turnover during the day was Rs. 8858215.00.

Source : Equity Bulls

Keywords

KECInternational INE389H01022 OrdersWin