KEC International gains on new orders worth Rs 1,029 cr

KEC International Ltd. (KEC), a global infrastructure engineering, procurement and construction (EPC) company has secured orders of Rs 1,029 crores.

SI Reporter Mumbai
Last Updated : Oct 08 2014 | 11:56 AM IST
KEC International has gained around 2% on BSE after getting new orders.

KEC International Ltd. (KEC), a global infrastructure engineering, procurement and construction (EPC) company has secured orders of Rs 1,029 crores.

In its Tansmission & Distribution business, the comapny has secured orders worth Rs 746 crores in India, Zambia, US, Brazil and Mexico.

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The rest of the orders are in cables and renewables businesses.

On BSE,  KEC shares are trading with a gain of 1.6% at Rs 103.40. The shares opened at Rs 102.8 and hit a high of Rs 107. On BSE and NSE combined around 170,000 shares have changed hands so far.

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First Published: Oct 08 2014 | 11:40 AM IST

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