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Friday, October 14, 2016

KEC Bagged Orders Worth Rs 1,192 Crore


Kec InternationalKEC share price closed at Rs 125.20, down by 0.65 points or 0.52 per cent from its previous closing of Rs 124.90 on the NSE.
KEC share price opened at Rs 125.95 and has touched a high and low of Rs 126.90 and Rs 124.05 respectively. So far 3,05,538 shares were traded on the counter NSE .
The BSE group 'A' stock of face value Rs 2 has touched a 52 week high of Rs 164.75 on 24thNovember 2015 and a 52 week low of Rs 97.45 on 12th February 2016.
Last one week high and low of the scrip stood at Rs 130.15 and Rs 123.30 respectively. The current market cap of the company is Rs 3213.60 crores.
The promoters holding in the company stood at 50.86 per cent, while Institutions and Non-Institutions held 32.62 per cent and 16.52 per cent respectively.
KEC International (KEC) which is an RPG Group Company has bagged orders worth Rs 1,192 crores. These orders include transmission and distribution projects worth Rs 859 crores in India, across America as well as Africa as well as a turnkey project in Brazil.The company’s cable business received supply orders worth Rs 105 crores.
The company also received an order worth Rs 120 crores for railway overhead electrification project in the North Western Region. The mentioned solar business has bagged orders worth Rs 108 crores for providing turnkey EPC solutions for the solar power projects with single axis tracker.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Cables, Railways, Water as well as Renewables.
KEC International Ltd is India's second largest manufacturer of electric power transmission towers as well as one of the largest Power Transmission Engineering, Procurement & Construction companies in the world. KEC is one of the Top 500 shares recommended by the research team of Dynamic Levels.

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