KEC International shares ends flat after order boost worth Rs 1,315 crore

KEC International Share Price: Shares of KEC International, a manufacturer of electric power transmission towers, ended flat at Rs 653.30 each, on BSE on Tuesday, a day after the company secured orders worth Rs 1,315 crore. 

The stock that closed the trading session on Monday at Rs 652.25, started its journey on Tuesday morning at Rs 673.15, before hitting the day's high of Rs 685. 

"KEC International Ltd., a global infrastructure EPC major, an RPG Group company, has secured new orders of Rs. 1,315 crores for T&D projects in India, the Middle East, Australia and Americas," the company said in a statement on Monday. 

What are KEC International's orders? 

Elaborating about its orders, the company gave the details of the order mentioned below; 

• 765 kV transmission line and 765 kV AIS substation orders in India, from Power Grid Corporation of India Limited (PGCIL) 

• Supply of towers in the Middle East, Australia and Americas 

• Supply of hardware and poles in Americas 

KEC International stock performance 

The stock has traded flat in the last one month, but it has soared 33.27 per cent in the last six months.

Its year-to-date rise is 34.98 per cent while it has skyrocketed to 49.91 per cent in the one-year period. 

It has outperformed the benchmark Nifty 50, which has slid 1.60 per cent in the last one month.

However, the benchmark has soared 12.18 in the six-month period. 

It's year-to-date rise has been 8.87 per cent while it has soared 13.29 per cent in the last one year.