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Shares of KEC International settled 3.54 per cent higher at Rs 416.95 apiece on the BSE.
Share price of KEC International Limited gained more than three per cent on Thursday, June 17, a day after the leading EPC player won orders worth Rs 937 crore across various businesses. On Thursday, KEC international opened on the BSE at Rs 406.20, swinging to an intra day high of Rs 421.40 and an intra day low of Rs 404.55, throughout the trading session so far. According to a regulatory filing by the company to the stock exchanges, KEC International secured orders across its transmission and distribution, overhead electrification, railways, and semi-high speed rail verticals.
According to the statement, the engineering, procurement and construction (EPC) player won orders worth Rs 418 crore for transmission line and substation projects in the Middle East, India, and the United States. In the railways sector, KEC International won orders worth Rs. 294 crore in the conventional segments in India, including overhead electrification and semi high-speed rail.
In the civil sector, the RPG Group compnay bagged an order worth Rs 135 crore for infrastructure works in the metals and mining segment in the country, while in the cables vector, it won orders worth Rs 90 crore for several types of cables in India and abroad. (Also Read: KEC International Wins New Orders Worth ₹ 1,245 Crore Across Business Segments )
On the NSE, KEC International opened at Rs 410, registering an intra day high of Rs 421.25 and an intra day low of Rs 404.10, throughout the session. On the NSE, its shares settled 4.12 per cent higher at Rs 419.40.
Shares of KEC International settled 3.54 per cent higher at Rs 416.95 apiece on the BSE.
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