KEC International in jubilant mood on the BSE

05 Jan 2012 Evaluate

KEC International (KEC) is currently trading at Rs 40.90, up by 2.90 points or 7.63% from its previous closing of Rs 38.00 on the BSE.

The scrip opened at Rs 38.50 and has touched a high and low of Rs 44.10 and Rs 38.50 respectively. So far 397302 shares were traded on the counter.

The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 105.35 on 05-Jan-2011 and a 52 week low of Rs 31.80 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs 44.10 and Rs 34.15 respectively. The current market cap of the company is Rs 1054.06 crore.

The promoters holding in the company stood at 41.81% while Institutions and Non-Institutions held 42.85% and 15.34% respectively.

KEC, a billion dollar global infrastructure EPC major, has won new orders to the tune of Rs 1,253 crore. The company has secured new orders worth Rs 723 crore in the Transmission business, Rs 253 crore orders in Power Systems for substation works, Rs 123 crore orders in the Water business, Rs 105 crore orders in the Cable business and Rs 49 crore is in the Telecom business.

In the Transmission business, the company has secured orders from Saudi Arabia, United States and Afghanistan. The Saudi Arabia order is for construction of 110kV /132kV double circuit overhead transmission lines (68 km) and underground cable works (13 km) on a turnkey basis. The United States order is for the supply of 345 kV transmission towers while the Afghanistan order is for construction of 220 kV double circuit overhead transmission lines between Kunduz & Taloqan substations on turnkey basis.

SAE Towers, the wholly owned subsidiary of the company, has secured various orders for tower supply from Unites States, Mexico and Brazil. The total value of these orders is Rs 154 crore.

KEC International Share Price

998.65 6.55 (0.66%)
22-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3604.55
Rail Vikas Nigam 420.40
NCC 284.00
KEC International 998.65
Kalpataru Projects 1122.45
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