KEC International stock zooms ~5% on bagging order worth Rs1,349 crore

13 Dec 2022 , 09:27 AM

KEC International Ltd., an RPG Group Company, has received new orders totalling Rs1,349 crore across its various businesses.

The company has received orders for T&D projects in India, SAARC, the Middle East, and the Americas.

This includes an HVDC project in India, from a leading private player — KEC’s first project in the promising segment of HVDC Terminal Station in India, a 400 kV Overhead Transmission line in Kuwait, a 132 kV Underground Cabling order in Nepal, and supply of towers in the United States of America.

Further, the company secured orders for building a Data Centre and for infra works in the Hydrocarbon segment in India, for its civil business.

The cable business of the company has secured orders for various types of cables in India and overseas.

At around 9.30 AM, KEC International was trading 4.91% higher at Rs491.75, against previous close of Rs468.75 on NSE. The counter hit intraday high and low of Rs510 and Rs485.65 respectively.

For feedback and suggestions, write to us at [e-mail]