MoneyWorks4Me

Instant Holdings hikes stake in KEC International

26 Sep 2018 Evaluate

Instant Holdings, promoter of KEC International has purchased 1,47,800 equity shares of the company through open market purchase on September 21, 2018 worth around Rs 4.52 crore.

The promoter entity's stake in the company has increased to 2,13,60,648 equity shares or 8.30% from 2,12,12,848 equity shares or 8.25%.

KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil.

Peers
Company Name CMP
Larsen & Toubro 3699.10
Kalpataru Projects 1393.45
NCC 125.10
Rail Vikas Nigam 190.50
KEC International 369.70
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