Shares of KEC International were up nearly 6% at Rs 125 after the company said it has bagged new orders worth Rs 437 crore in its transmission and cable businesses.
The company has secured an order worth Rs 267 crore from Abu Dhabi Transmission & Dispatch Company. An order worth Rs 47 crore from Oman is for the construction of 132/33KV grid station and associated transmission line. A Rs 9 crore order from Kenya is for the supply and installation of 220kV transmission line and bay extension, the company said in a release to the Bombay Stock Exchange today.
Further, the company's overseas arm SAE Towers has received orders worth Rs 50 crore from the United States, Brazil and Mexico.
The company has also received orders worth Rs 64 crore for supply of power and telecom cables, the release said.
Over 886,000 shares were traded on both the stock exchanges so far.
