Shares of KEC International reached their lifetime high at Rs 1098.95 per share, rising 4.17 per cent on the BSE in Monday's intraday trade
The northward move in the KEC International scrip came after the company announced that it has secured secured turnkey orders of Rs 1,704 crore in its Transmission & Distribution (T&D) business
KEC International on Monday said it has secured new orders worth Rs 1,114 crore across its various businesses. These businesses include Transmission & Distribution (T&D) under which the company has secured orders for T&D projects in the Middle East and the Americas, according to a statement. The company has bagged a 400 kV Transmission line in Oman and an order for supply of towers, hardware and poles in the Americas. Its civil business secured orders in the industrial segment in India and an order for Metro Overhead Electrification (OHE) works in the technologically enabled segment in the country. The company's cable business has bagged orders for supply of various types of cables in India and overseas. "With these new orders, our YTD (year-to-date) order intake stands at Rs 14,600 crore, reflecting a healthy growth of 50 per cent compared to last year," Vimal Kejriwal, MD & CEO of KEC International, said in the statement. KEC International Ltd, a flagship company of .
The stock of KEC International rose after the company announced that it has secured orders worth Rs 1,142 crore
The company had approved the proposal to raise Rs 4,500 crore on July 26
Shares of KEC International soared as much as 3.12 per cent on BSE at Rs 972.15 per share on Monday's intraday trade
CARE Ratings downgrades KEC International's bank facilities; keeps outlook 'Stable' for company
The uptick in KEC International share price came after the company announced that it has secured orders worth Rs 1,423 crore.
The surge in KEC International stock price came after the company announced that it has secured new transmission and distribution (T&D) orders worth Rs 1,171 crore in the Middle East.
KEC International share price soared up to Rs 916.95 per share, zooming 9.16 per cent on the BSE in Monday's intraday trade
The company, in its FY24 annual report, had stated that on the order intake front, it secured orders of Rs 18,102 crore during the year
The stock rose 2.23 per cent to hit an intraday high of Rs 899.75 per share following the order win.
The share price rose after the company announced that it has secured an order worth Rs 1,100 crore
Among the key momentum oscillators - the MACD and Slow Stochastic are showing negative divergence on these smallcap stocks; hence caution is advised at these counters.
The uptick in share price came after KEC International announced that it has secured new orders worth Rs 1,025 crore for its T&D and cables business
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