KEC International trades with traction at the bourses

KEC International trades with traction at the bourses

by admin- Wednesday, July 12th, 2017 08:22:54 AM

 

KEC International is presently trading at Rs. 279.Sixty five, up through eight.20 factors or three.02% from its previous closing of Rs. 271.Forty five on the BSE.

The scrip opened at Rs. 274.55 and has touched a excessive and occasional of Rs. 281.50 and Rs. 273.15 respectively. So a ways 118996 stocks have been traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week excessive of Rs. 283.50 on 01-Jun-2017 and a 52 week low of Rs. 111.20 on 09-Nov-2016.

Last one week excessive and coffee of the scrip stood at Rs. 281.50 and Rs. 254.50 respectively. The modern-day marketplace cap of the company is Rs. 7189.Forty eight crore.

The promoters holding inside the company stood at 50.86%, whilst establishments and non-establishments held 32.45% and 16.Sixty nine% respectively.

KEC International (KEC) has secured new orders worth Rs 1,845 crore. Under Transmission & Distribution Business, it has secured orders worth Rs 1,684 crore in India and the Americas. The agency has bagged an EPC order for creation of 765 kV and 400 kV Transmission Lines from a TBCB developer in Western & Southern India. A Turnkey order for production of 400 kV Transmission Line in South India from Power Grid Corporation of India. It has additionally bagged an order for creation of 400 kV and 220 kV Substations in South India for Yettinahole included water assignment and various supply orders across the Americas.

Besides, the enterprise has secured numerous supply/ EPC orders well worth Rs 161 crore underneath Cables Business.

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