KEC International is currently trading at Rs. 102.00, up by 0.20 points or 0.20% from its previous closing of Rs. 101.80 on the BSE.
The scrip opened at Rs. 102.55 and has touched a high and low of Rs. 103.90 and Rs. 101.10 respectively. So far 28014 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 153.00 on 08-Jul-2014 and a 52 week low of Rs. 39.00 on 26-Nov-2013.
Last one week high and low of the scrip stood at Rs. 104.80 and Rs. 94.95 respectively. The current market cap of the company is Rs. 2608.16 crore.
The promoters holding in the company stood at 50.01% while Institutions and Non-Institutions held 34.66% and 15.33% respectively.
Credit rating agency, ICRA has assigned a short-term rating of ‘A1’ to the Rs 50.00 crore Commercial Paper (CP) programme of KEC International. The rating agency has long-term rating of ‘A+’ and short-term rating of ‘A1’ outstanding on term loans, fund based limits and non-fund based limits of the company aggregating to Rs 10972.09 crore. The outlook on the long-term rating is stable.
The rating takes into account the strong order book position of the company, i.e. Rs 9,322 crore as on September 2014, which provides healthy revenue visibility in the medium term as well as its diversified geographical presence.
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power systems, cables, railways, telecom and water.
