KEC International stock rises higher after firm secures orders worth Rs 1,007 crore

The stock of KEC International is shining brightly in early morning trading on Monday after the company announced that it had secured orders worth Rs 1,007 crore for its various businesses. The share of India's second-largest manufacturer of electric power transmission towers was soaring 4.61 per cent higher at 652.70 on Monday morning. 

In its filing to the National Stock Exchange (NSE) on Friday, the company elaborated that its civil business has secured an order for the design, engineering, procurement, and construction of a multispeciality hospital in India.

It also said in its filing that its transmission and distribution business has also secured a substantial order for a 380 kV overhead transmission line project in the Middle East.

While its cables section has also secured orders for the supply of various types of cables in India and overseas, the company said.