Shares of KEC International jumped more than 4% on Thursday early morning trading after the company received a series of significant orders.
In the exchange filing, the company shared, “The sustained inflow of orders in the Middle East has substantially expanded our International T&D order book. With the above orders, our YTD order intake stands at ~Rs 10,000 crores, a stellar growth of 80% compared to last year. These orders, coupled with the orders announced earlier during the year, reaffirm our confidence in achieving the targeted growth going forward.”
As of 9:18 am, KEC International shares were trading 4.14% higher at Rs 903.00 on the NSE.