KEC International wins new orders worth ₹1,007 crore across businesses

Aug 19 2023 11:14 AM IST
share
Share Via
KEC International said it has received new orders worth 1,007 crore across its various businesses. The company’s transmission and distribution business has secured an order for a 380 kV overhead transmission line project in the Middle East. The cables business bagged orders for supply of various types of cables in India and overseas.

New Delhi: Leading infrastructure major KEC International, an RPG Group company, on Friday said it has received new orders worth 1,007 crore across its various businesses.

Its civil business vertical secured an order for design, engineering, procurement and construction of a multi-specialty hospital in eastern India, the company said in a statement. The company’s transmission and distribution business has secured an order for a 380 kV overhead transmission line project in the Middle East. The cables business bagged orders for supply of various types of cables in India and overseas. “We are pleased with the continuous inflow of orders, especially in our T&D and Civil businesses. In line with our strategy, the civil business has expanded its presence by securing a breakthrough order for building a multispecialty hospital in Eastern India. The T&D order in the Middle East region has significantly enhanced our order book in the international T&D market,” said Vimal Kejriwal, managing director and chief executive officer of KEC International, said. “With these orders, our YTD (Year To Date) order intake stands at a record of over 5,500 crore, registering a strong growth of 15% from last year,” he added. Shares of KEC International Ltd ended at 622.60, down by 15.85, or 2.48% on the BSE.


Mojo Stocks - The Top 1% Picks across Markets

Top 10 Large Cap Mid Cap Small Cap
{{col.header}}
Latest
OPEN CALL
CLOSED CALL
{{s[col.key]}} {{s.change_value}}
{{ s.score.value }} - {{ s.score.call_type }}
{{ s.dot_summary.score }} - {{ s.dot_summary.scoreText }}
{{s[col.key]}} {{col.extra}}

Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News