KEC International surges on bagging orders worth Rs 1,036 crore

23 Jun 2016 Evaluate

KEC International is currently trading at Rs. 141.70, up by 7.85 points or 5.86% from its previous closing of Rs. 133.85 on the BSE.

The scrip opened at Rs. 142.30 and has touched a high and low of Rs. 143.95 and Rs. 141.05 respectively. So far 73,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 164.75 on 24-Nov-2015 and a 52 week low of Rs. 97.45 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 143.95 and Rs. 133.00 respectively. The current market cap of the company is Rs. 3,650.00 crore.

The promoters holding in the company stood at 50.86%, while Institutions and Non-Institutions held 33.05% and 16.08% respectively.

KEC International (KEC), a global infrastructure EPC major, an RPG Group Company has secured new orders worth Rs 1,036 crore. In the transmission and distribution (T&D) segment, the company has secured orders worth Rs 666 crore in Middle East and Americas. It has bagged an order of Rs 582 crore from Abu Dhabi Transmission and Dispatch Company for supply and construction of 400 kV Transmission Line from Barakah Switchyard to Madinat Zayed Grid Substation in Abu Dhabi.

Besides, it bagged an order of Rs 48 crore from Saudi Pan Kingdom Company for construction of diversion of Over Head Transmission Line of 380 kV and 110 kV in Saudi Arabia while another order of Rs 36 crore across the Americas for supply of lattice towers, monopoles, substation structures and hardware.

Under Cables Business, it has secured orders of Rs 53 crore for supply of Power Cables (including EHV) and Telecom Cables. Further, in Railways Business, the company has secured a composite order of Rs 317 crore for electrification, civil works, track laying, signaling, construction of road beds and bridges in connection with doubling between Raebareli and Amethi Stations from Rail Vikas Nigam.

KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Cables, Railways, Water and Renewables.


KEC International Share Price

975.70 -36.85 (-3.64%)
10-Jan-2025 16:59 View Price Chart
Peers
Company Name CMP
Larsen & Toubro 3535.25
Rail Vikas Nigam 393.30
NCC 251.10
KEC International 975.70
Kalpataru Projects 1204.00
View more..
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.