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KEI Industries zooms on bagging order worth Rs 384.53 crore from Power Grid

28 Dec 2015 Evaluate

KEI Industries is currently trading at Rs 110.00, up by 4.20 points or 3.97% from its previous closing of Rs. 105.80 on the BSE.

The scrip opened at Rs. 111.00 and has touched a high and low of Rs. 112.50 and Rs. 109.70 respectively. So far 82847 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 2 has touched a 52 week high of Rs. 121.70 on 20-Aug-2015 and a 52 week low of Rs. 42.90 on 26-Dec-2014.

Last one week high and low of the scrip stood at Rs. 110.00 and Rs. 105.00 respectively. The current market cap of the company is Rs. 851.93 crore.

The promoters holding in the company stood at 49.39% while Institutions and Non-Institutions held 12.21% and 38.40% respectively.

KEI Industries has bagged an order worth Rs 384.53 crore from Power Grid Corporation of India for supply and service contracts for package A & B under integrated power development scheme (IDPS) works in Varanasi, Uttar Pradesh. The Integrated Power Development Scheme (IPDS) is one of the flagship schemes of the Ministry of Power and will be at the core attempt to ensure round the clock power for all.

The IPDS announced in the Union Budget 2014-15 envisages strengthening of sub-transmission network, metering, IT application, customer care services, provisioning of solar panels and the completion of the ongoing works of Restructured Accelerated Power Development and completion of the Reforms Programme (RAPDRP). The above orders have further strengthened the company’s position for supply of variety of high quality cables and its service commitments in EPC contracts.

KEI Industries, known for its unique product range across the world is one of the leading players in the wires and cables industry. KEI manufactures high and low tension cables (EHV, HT & LT), control and instrumentation cables, house wires and stainless steel wires.

KEI Industries Share Price

4961.00 83.20 (1.71%)
21-Apr-2026 11:08 View Price Chart
Peers
Company Name CMP
Polycab India 8227.80
KEI Industries 4961.00
RR Kabel Ltd. 1460.00
Finolex Cables 958.00
Precision Wire India 391.15
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