iconiifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

KEC International wins new orders of Rs1,147 crore; Stock surges ~3%

17 May 2022 , 09:24 AM

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs1,147 crore across its various businesses:

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

Railways: The business has secured orders in the technologically enabled/ conventional segments in India:

Overhead Electrification (OHE) for Metro — Order for Overhead Electrification (OHE), Auxiliary substations, SCADA system and associated works for elevated and underground metro stations

Conventional Overhead Electrification (OHE) — Order for Overhead Electrification (OHE) and associated works

Semi High-Speed Rail — Order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation (Mission ‘Raftaar’)

Civil: The business has secured orders in the residential, hydrocarbon and data centre segments in India

Cables: The business has secured orders for various types of cables in India and overseas.

Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, “We are pleased with the new order wins secured across our business verticals at the start of its financial year. With the cabling order in Middle East, we have reinforced our presence in the international cabling solutions segment.

Our Railway business has enhanced its order book in both conventional and new segments. We are witnessing a gradual uptick in the Railways order intake. The diverse orders in the Civil business, further strengthen our portfolio diversification and reaffirm our confidence in the continued strong growth of this business going forward.”

At around 9:17 AM, KEC International was trading at Rs380.50 per piece higher by 1.81% on the BSE.

Related Tags

  • Announcements
  • KEC International Ltd shares
  • KEC International Ltd stocks
  • KEC International Ltd.
  • news
  • work order
sidebar mobile

BLOGS AND PERSONAL FINANCE

Images
29 Mar 2024   |   10:14 AM
Images
28 Mar 2024   |   03:36 PM
Images
28 Mar 2024   |   03:01 PM
Images
28 Mar 2024   |   01:21 PM
Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.