The news is by your side.
AED
$0.27
-0.88%
AFN
$0.01
-0.88%
ALL
$0.01
-0.88%
AMD
$0.00
-0.88%
ANG
$0.56
-0.88%
AOA
$0.00
-0.88%
ARS
$0.01
-0.88%
AUD
$0.71
-1.09%
AWG
$0.56
-0.88%
AZN
$0.59
-0.88%

KEC International Bags New Orders Over Rs 1,000 Cr; Ends Higher in a Weak Mkt


By Malvika Gurung

Investing.com — The construction engineering company KEC International (NS:) Limited, on Friday, informed the stock exchanges of bagging new orders worth Rs 1,041 crore for transmission & distribution projects across India, the United States and the middle east.

This marks further growth in the company’s domestic T&D business. The new orders have come in for different businesses of KEC, including the transmission & distribution, civil, and cables segments.

In the cables business, the RPG Group’s infrastructure engineering arm has secured orders in the Indian ad overseas markets, while in the civil segment, it has bagged an order for building a data centre in Western India, states the company’s release.

With the new orders in place, KEC International’s year-to-date order intake stands at Rs 12,000 crores, which is a two-fold rise in the company’s growth in a year, while the civil order to build a data centre in the domestic market, is the company’s second order in the year.

KEC International Ltd’s shares ended 1.71% up at Rs 462 apiece in a weak market on Friday, when the Indian benchmark equity indices and ended 1.53% and 1.54% lower, respectively.



Read More : KEC International Bags New Orders Over Rs 1,000 Cr; Ends Higher in a Weak Mkt

You might also like
Leave A Reply

Your email address will not be published.