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KEC International Shares Hit 52-Week High on Rs 1,042 Crore Order Win

The company's cable business has secured orders for the supply of various types of cables in India and abroad.

KEC International’s share price moved to a 52-week high of Rs 604.35, rising 5% in early trade as it secured new orders of Rs 1,042 crore across its numerous businesses.

The railways business of KEC International has secured its initial international order for a signalling & telecommunication project in SAARC.

The civil business has secured a project in the metals & mining segment from a presumed steel player in India.
Its transmission & distribution (T&D) commercial has secured orders for T&D projects in India, the Middle East, Europe, and the Americas counting setting up of overhead broadcast lines in the Middle East, supply of towers in India, Europe and the United States of America and supply of towers, hardware, and poles in Americas, secured by our subsidiary, SAE Towers.

The company’s cable business secured orders for the supply of various types of cables in India and overseas.
The Civil business endures reinforcing its order book in the manufacturing segment by adding a very believed client. The maiden tower supply order from Europe is evidence of a dedicated focus on expanding the tower sales business geographically.

At 9:42 am, KEC International traded Rs 589.60, up Rs 13.90, or 2.41% on the BSE.

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