KEC International wins new orders of Rs1,092 crore; Stock soars 2%

21 Jun 2022 , 09:16 AM

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs1,092 crore across its various businesses:

Transmission & Distribution (T&D): The business has secured orders for T&D projects in India, Middle East and Americas.
Railways: The business has secured an order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation (Mission ‘Raftaar’) in India.
Civil: The business has secured orders in the Residential, Industrial and Defence 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. The orders in T&D have enhanced our order book in both domestic and international markets.

Our Railway business has further consolidated its presence in emerging/new areas, with the order in the Semi High-Speed Rail under Mission ‘Raftaar.’ The Civil business continues to be on a high growth trajectory, with consistent order inflows across segments, especially metals & mining and realty.”

On Tuesday early morning trade, KEC International was trading at Rs369.05 per share higher by 1.98% on the BSE.