KEC International shares climbed 3% after securing new orders worth ₹1,136 crore across key business segments.
The shares opened at ₹1,150.00 today, reaching a high of ₹1,170.00 and a low of ₹1,145.00 during trading. The stock is performing near its 52-week high of ₹1,313.25, significantly above its 52-week low of ₹597.00.
Key Highlights of New Orders:
- Transmission & Distribution (T&D): Awarded a 765 kV transmission line project by Power Grid Corporation of India Limited (PGCIL) to facilitate green energy evacuation.
- Transportation: Secured a major contract under the ‘Kavach’ initiative for a Train Collision Avoidance System (TCAS), enhancing railway safety.
- Oil & Gas Pipelines: Bagged its first composite order in the Oil & Gas sector from a leading PSU, encompassing design, supply, and construction.
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KEC International