KEC Worldwide share value hits 52-week excessive on successful Rs 1,140-crore orders

KEC Worldwide share value hits 52-week excessive on successful Rs 1,140-crore orders

The corporate’s transmission & distribution enterprise secured orders of Rs 963 crore within the Center East and Africa.

KEC INTERNATIONAL

KEC INTERNATIONAL

KEC International share value touched 52-week excessive of Rs 444.90, rising over three p.c within the early commerce on March 1 after the corporate mentioned it acquired orders price Rs 1,140 crore throughout its companies.

The corporate’s transmission & distribution enterprise secured orders of Rs 963 crore within the Center East and Africa. The railway enterprise acquired a Rs 113-crore for two x 25 kV Overhead Electrification (OHE) and related works for velocity improve in India.

Its civil enterprise has secured an order of Rs 64 crore for infrastructre works within the hydrocarbon phase in India.

“The orders secured in Worldwide T&D (together with the orders within the Home T&D introduced earlier) have considerably enhanced our order ebook in our core T&D companies. Our railway enterprise continues to develop its presence within the rising areas with its first order within the space of semi high-speed Rail,” mentioned Vimal Kejriwal, MD & CEO, KEC Worldwide

At 0923 hours, KEC Worldwide was quoting at Rs 442.80, up Rs 12.15, or 2.82 p.c, on the BSE.

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