KEC International is currently trading at Rs. 70.70, up by 3.00 points or 4.43 % from its previous closing of Rs. 67.70 on the BSE.
The scrip opened at Rs. 70.10 and has touched a high and low of Rs. 74.80 and Rs. 69.10 respectively. So far 141290 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 68.90 on 28-Mar-2014 and a 52 week low of Rs. 23.25 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 68.90 and Rs. 65.10 respectively. The current market cap of the company is Rs. 1740.49 crore.
The promoters holding in the company stood at 48.16 % while Institutions and Non-Institutions held 35.78 % and 16.06 % respectively.
KEC International has entered into an agreement for sale of its freehold land admeasuring more than 7.3 acres at the rate of Rs 29 crore per acre with Ardent Properties, a 100% subsidiary of Tata Housing Development Company. The said land is located at Pokhran Road No. 2, Village, Majiwade Taluka, Thane district in state of Maharashtra. The company expects to complete all the formalities in a period of about 3 months.
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.
