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KEC International Gains Over 4% After Bagging Orders Worth Rs 937 Crore

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Shares of KEC International settled 3.54 per cent higher at Rs 416.95 each on the BSE.Share price of KEC International Limited gained more than three per cent on Thursday, June 17, a day after the leading EPC gamer won orders worth Rs 937 crore throughout numerous organizations.

On Thursday, KEC international opened on the BSE at Rs 406.20, swinging to an intra day high of Rs 421.40 and an intra day low of Rs 404.55, throughout the trading session up until now.

According to a regulatory filing by the business to the stock market, KEC International secured orders throughout its transmission and distribution, overhead electrification, trains, and semi-high speed rail verticals.According to the statement, the engineering, procurement and building and construction (EPC) player won orders worth Rs 418 crore for transmission line and substation jobs in the Middle East, India, and the United States.

In the trains sector, KEC International won orders worth Rs.

294 crore in the conventional sectors in India, consisting of overhead electrification and semi high-speed rail.In the civil sector, the RPG Group compnay bagged an order worth Rs 135 crore for facilities works in the metals and mining section in the nation, while in the cable televisions vector, it won orders worth Rs 90 crore for several types of cable televisions in India and abroad.

(Likewise Read: KEC International Wins New Orders Worth 1,245 Crore Across Business Segments )On the NSE, KEC International opened at Rs 410, signing up an intra day high of Rs 421.25 and an intra day low of Rs 404.10, throughout the session.

On the NSE, its shares settled 4.12 percent greater at Rs 419.40.

Shares of KEC International settled 3.54 per cent greater at Rs 416.95 each on the BSE.




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