Shares of KEC International Ltd rose 1% to touch the day’s high of Rs 893 on 14th October, after the company announced securing new Transmission and Distribution (T&D) orders worth Rs 1,174 crore in India and the Middle East.

The new projects include a ±800 kV HVDC and a 765 kV transmission line order from a major private developer in India. Additionally, there is a 380 kV transmission line project in Saudi Arabia.

Vimal Kejriwal, MD & CEO of KEC International Ltd, said the continuous order wins highlight the strong performance of its T&D business. He added that the HVDC order has boosted the share of private developer projects in India. Meanwhile, the large Saudi order has reinforced KEC’s leadership in the Middle East. With these additions, the company’s total order intake for the year has reached around Rs 14,000 crore, supporting its future growth plans.

At 10:45 AM, the shares of KEC International were trading 0.91% higher at Rs 866 on NSE.

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