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KEC International wins new orders of Rs1,112cr for various businesses

17 Jan 2022 , 02:55 PM

IT Stocks Up

KEC International Ltd., a global infrastructure EPC major, an RPG Group Company, has secured new orders of Rs1,112cr across its various businesses:

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

Civil:
The business has secured orders for infra works in the Water Pipeline and Urban Infra 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 continuous order inflows, especially in International T&D and Civil businesses. The order in CIS has reinforced our presence in that region and further enhanced our International T&D order book. Our Civil business continues to strengthen its presence in the growing segments of Water Pipelines and Urban Infra. With the above orders, our current year order inflows have exceeded Rs14,000cr, a robust growth of over two times vis-à-vis last year. These orders along with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”

At around 2.55 pm, KECC International Ltd was trading at Rs509.55 per piece down by Rs1 or 0.2% from its previous closing of Rs510.55 per piece on the BSE.

Related Tags

  • Americas
  • KEC International Ltd.
  • KEC International news
  • KEC International orders
  • KEC International share price
  • KEC International stock price
  • Middle East
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