KEC International shares jump 9% after orders win worth Rs 1,025 crore in T&D and cable businesses

KEC International share price, KEC International new projects, KEC International news latest update: Engineering firm KEC International shares on Thursday, June 27 rallied nine per cent on Dalal Street, a day after the firm secured new orders worth Rs 1,025 crore in its transmission & distribution (T&D) and cables businesses.

KEC International shares gained over nine per cent to the day's high of Rs 941.05 on morning deals on BSE. KEC International shares closed at Rs 895, up 3.71 per cent on BSE.

In the T&D sector, the infrastructure company has been awarded a 765 kV GIS Substation project by Power Grid Corporation of India Ltd (PGCIL) in India. Additionally, the KEC International has secured a comprehensive 225 kV composite project in West Africa, which includes transmission lines, substations, and underground cabling.

In the Americas, the flagship Company of the RPG Group will supply towers, hardware, and poles, further strengthening its presence in the region. 

The cables business has also seen substantial orders, with new contracts for the supply of various types of cables both within India and internationally.

What does KEC International do?

KEC International is a infrastructure Engineering, Procurement and Construction (EPC) major. It has presence in the verticals of Power Transmission and Distribution, Railways, Civil, Urban Infrastructure, Solar, Oil & Gas Pipelines, and Cables. The Company is currently executing infrastructure projects in 30+ countries
and has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). 

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