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KEC International jumps high on securing new orders worth Rs 845 crore

19 Aug 2019

KEC International is currently trading at Rs. 292.80, up by 3.50 points or 1.21% from its previous closing of Rs. 289.30 on the BSE.

The scrip opened at Rs. 289.75 and has touched a high and low of Rs. 299.00 and Rs. 286.40 respectively. So far 15746 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 340.50 on 04-Jul-2019 and a 52 week low of Rs. 229.95 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 301.50 and Rs. 282.50 respectively. The current market cap of the company is Rs. 7497.98 crore.

The promoters holding in the company stood at 51.35%, while Institutions and Non-Institutions held 33.03% and 15.62% respectively.

KEC International has secured its first orders of Rs 845 crore in the emerging Regional Rapid Transit System (RRTS) and Metro sectors in India. Under RRTS, the company has secured an order for construction of elevated viaduct and stations of the Delhi -Meerut Regional Rapid Transit System (RRTS) corridor, from National Capital Region Transport Corporation (NCRTC) of Rs 580 crore. Under Metro, it has bagged an order for construction of viaduct along with stations for the Phase 1 extension of Kochi metro rail project, from Kochi Metro Rail (KMRL) of Rs 265 crore.

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

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KEC International Share Price

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323