Wednesday, February 17, 2021

KEC International soars on securing new orders of Rs 1,681 crore

KEC International is currently trading at Rs. 438.10, up by 9.00 points or 2.10% from its previous closing of Rs. 429.10 on the BSE.

The scrip opened at Rs. 442.80 and has touched a high and low of Rs. 442.95 and Rs. 436.15 respectively. So far 12733 shares were traded on the counter.


The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 442.95 on 17-Feb-2021 and a 52 week low of Rs. 154.50 on 13-Apr-2020.


Last one week high and low of the scrip stood at Rs. 442.95 and Rs. 423.45 respectively. The current market cap of the company is Rs. 11260.47 crore.

The promoters holding in the company stood at 51.82%, while Institutions and Non-Institutions held 35.88% and 12.31% respectively.

KEC International has secured new orders of Rs 1,681 crore across its various businesses. The company’s transmission & distribution business has secured orders of Rs 1,287 crore for T&D projects from Power Grid Corporation of India (PGCIL) and other customers in India, SAARC and the Americas. The Civil business has secured an order of Rs 254 crore for infra works in the Water Pipeline segment in India.

Smart Infra business has secured an order of Rs 63 crore as a Master System Integrator for Smart City ICT Components for a greenfield smart city in India. Cables business has secured orders of Rs 77 crore for various types of cables in India and overseas.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

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