KEC International spurts on bagging order worth Rs 340 crore

18 Jan 2012 Evaluate

KEC International is currently trading at Rs. 50.60, up by 1.50 points or 3.05% from its previous closing of Rs. 49.10 on the BSE.

The scrip opened at Rs. 49.05 and has touched a high and low of Rs. 51.30 and Rs. 49.05 respectively. So far 150810 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 97.40 on 20-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. 51.30 and Rs. 41.90 respectively. The current market cap of the company is Rs. 1307.29 crore.

The promoters holding in the company stood at 41.99% while Institutions and Non-Institutions held 42.02% and 15.99% respectively. 

KEC International, a billion dollar global infrastructure EPC major has bagged an order from Bhopal Dhule Transmission Company, a wholly owned subsidiary of Sterlite Technologies, worth Rs 340 crore for the construction of the 765 kV and 400 kV transmission lines in Maharashtra and Gujarat.

As per the order, project includes 765 kV single circuit transmission line from Aurangabad to Dhule (188.5 kms), 865 kV circuit transmission line from Dhule to Vadodra (264 kms) and 400kV double circuit transmission line from Dhule to Dhule (16kms). These lines are part of build-own-operate-maintain project awarded by Power Finance Corporation to Sterlite Technologies for transmission system straightening.

KEC International is mainly into the business of design, manufacture and erection of transmission towers and power transmission lines on EPC basis. Besides, the company has now broadened its activities by diversifying into the distribution and substation sector (through rural electrification projects), railway electrification projects as well as providing services like optical fibre installations, Satellite/GPRS surveys and turnkey telecom infrastructure services.

KEC International Share Price

929.85 -45.85 (-4.70%)
13-Jan-2025 14:26 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3460.85
Rail Vikas Nigam 357.45
NCC 237.30
KEC International 929.85
Kalpataru Projects 1152.00
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