KEC Int hits 52-week high on Rs 471cr order

The stock zoomed to a new 52-week high of Rs 470, up 12% from the day's low. It finally closed with a huge gain of 9% at Rs 461. The volumes rose more than three-fold to 59,646 shares from its two-week daily average trade of 18,153 shares on the BSE.
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(Updated at 1231 hrs)
KEC International touched a 52-week high of Rs 449 at the BSE today, on the back of bagging order worth Rs 471 crore.
KEC International has rallied 2.5% at Rs 435 now, after opening at Rs 426. The counter has witnessed trades of around 23,800 shares so far, as against its two-week average traded quantity of Rs 18,153.
The company informed BSE in a release today that it won domestic orders worth Rs 471 crores.
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First Published: Jul 23 2009 | 4:15 PM IST
