Shares of KEC International, on Tuesday, gained 5 per cent at Rs 469 on the BSE in intra-day trade after securing new orders worth Rs 1,429 crore across its various businesses. The stock of the heavy electrical equipment company was trading close to its 52-week high level of Rs 486.45, hit on March 3, 2021.
In an exchange filing on March 22, KEC International said its Transmission & Distribution (T&D) business has secured orders of Rs. 701 crore for T&D projects from Power Grid Corporation of India Ltd. (PGCIL) and other customers in India, East Asia Pacific and the Americas.
The Railways