KEC International market hours yesterday, 22 March 2021 announced that the company has secured new orders of Rs 1,429 crore across its various businesses.
Shares of KEC International fell 1.64% to settle at Rs 447.30 yesterday.
The Transmission & Distribution (T&D) business has secured orders of Rs. 701 crore for T&D projects from Power Grid Corporation of India (PGCIL) and other customers in India, East Asia Pacific and the Americas.
The Railways business has secured orders of Rs. 366 crores in the emerging segments in India. The Civil business has secured orders of Rs 318 crores from reputed private players for infra works in the cement, residential and metals & mining segments in India. The Cables business has secured orders of Rs. 44 crores for various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International commented, with these orders, the company's current year order inflows have exceeded Rs. 11,000 crore.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Solar, Smart Infrastructure and Cables.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app