KEC International gets new orders of Rs 1,036 crore

30 Apr 2024 , 01:59 PM

KEC International’s share price rose nearly 3% intraday on April 30 following the company  getting new orders worth ₹1,036 crore across its various businesses. At the time of writing,, KEC International was trading at ₹749.50 on the BSE, up by ₹18 or 2.46%.

The Transmission & Distribution (T&D) business secured orders for projects in the Middle East and Americas, including overhead transmission lines in the United Arab Emirates (UAE) and supply of towers, hardware, and poles in the Americas.

The Railways business secured an additional work order in the conventional segment in India, while the Cables business secured orders for supplying various types of cables in India and overseas.

A board of directors meeting is scheduled for May 7, 2024, to review and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2024, and to recommend any dividends on equity shares for the same financial year.

KEC International Limited, part of the RPG Group, is India’s second-largest manufacturer of electric power transmission towers and a major player in Power Transmission, Engineering, Procurement, and Construction (EPC) globally. Based in Mumbai, it operates in India, SAARC, EAP, Africa, Middle East, and the Americas, engaging in EPC works for Power Transmission, Distribution, Railways, Cables, Solar, Civil, and Smart Infrastructure.

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