KEC receive orders worth Rs 1,047 crore across various businesses
A part of RPG Group, KEC International Limited, today informed the bourses that the company has received new orders amounting to Rs 1,047 crore across its various businesses.
Under its transmission & distribution business, it has received orders worth Rs 669 crore for T&D projects in India, SAARC, Middle East and America.
Under its civil business, it has received orders worth Rs 153 crore for defence (setting up a data centre) and residential projects in India.
Under solar and cable business, it has received orders worth Rs 104 crore and Rs 121 crore, respectively.
The company’s order book as on December 31, 2019 stood at Rs 22,011 crore. Company’s 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 gained nearly two per cent and made an intraday high of Rs 265.50 on BSE.