Shares of KEC International Ltd are trading flat after touching a day’s high of Rs 743.90 on 1st January, despite the company saying it has secured a mix of domestic and international orders worth Rs 1,050 crore across its renewables, civil, transmission and distribution (T&D), and cables and conductors businesses.

KEC International said it has entered the wind energy segment with a maiden order for a 100+ MW wind power project in South India from a private developer. The company’s management said the order marks its entry into a fast-growing segment of the renewable energy space.

The civil business secured a new order in the Buildings & Factories segment from an existing client for a downstream project in western India. In the transmission and distribution business, KEC won orders to supply towers, hardware, and poles in the Americas. At the same time, its subsidiary SAE Towers secured major tower supply orders in Mexico. This reflects improved demand in the North American market.

The company also received orders to supply cables and conductors in India and overseas markets. With these wins, KEC International’s year-to-date order intake has reached about Rs 19,300 crore. In December, the company secured its largest domestic T&D order, valued at Rs 1,150 crore.

At 2:46 PM, shares of KEC International were trading 0.14% higher at Rs 738.95 on NSE.

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