Shares of KEC International Ltd rose 7% to hit a dayโs high of Rs 837.20 on 18th August, after the company announced on Sunday that it had secured new orders worth Rs 1,402 crore across its key business verticals.
In Transmission & Distribution (T&D), it won a 765 kV transmission line project from a major private player in India. Additionally, there are export orders for towers, hardware, and poles in the Americas.
Its Civil business received a repeat order for a high-rise residential project from a well-known real estate developer in Northern India. In the Cables & Conductors segment, the company secured multiple orders for cables and conductors. These orders span both domestic and overseas markets.
MD & CEO Vimal Kejriwal said the new wins have helped expand the firmโs customer base in T&D. They also strengthen its Buildings & Factories segment with repeat orders. With these additions, KECโs year-to-date order intake has crossed Rs 8,400 crore, supporting its growth plans for the year.
At 11:14 AM, the shares of KEC International were trading 7.35% higher at Rs 835.75 on NSE.
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