KEC International receive orders worth Rs 1,203 crore

KEC International receive orders worth Rs 1,203 crore

Nidhi Jani
/ Categories: Trending

A part of RPG Group, KEC International Limited, today informed the bourses that the company has received new orders amounting to Rs 1,203 crore across its various businesses.

Under its Transmission & Distribution business, it has received orders worth Rs 917 crore for T&D projects in India, Bangladesh, Africa and America.

Under its civil business segment, it has received orders worth Rs 176 crore for residential and industrial projects in India. It also includes the project of flue gas desulfurisation under industrial projects.

Under cables business, it has received orders worth Rs 110 crore for different types of cabling projects.

The company’s order book as on December 31, 2019 stood at Rs 22,011 crore. Its order book mix comprises of T&D-54.6 per cent, civil-11.3 per cent, cables-1.9 per cent, railways-31.1 per cent and smart infra- 1.1 per cent.

Today, the stock of KEC International opend at Rs 202.40, up by three per cent from its previous close of Rs 194.95 on BSE.

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