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KEC International shares rally 6% after securing new orders worth Rs 1,303 crore across multiple business segments

KEC International shares rally 6% after securing new orders worth Rs 1,303 crore across multiple business segments

Shares of KEC International rallied up to 6% on Tuesday to the day’s high of Rs 429.60 on NSE after the company secured new orders of Rs 1,303 crore across various business segments.

According to a filing with the exchange, the company said that under its Transmission & Distribution (T&D) business, it has secured orders for T&D projects across India, the Middle East and America.

This includes 400 kV transmission lines in Northern India, 380 kV transmission lines in Saudi Arabia, and supply of towers, hardware and poles in the Americas.

Also Read | Infra firm KEC International bags Rs 1,303 crore orders across businesses

In the cables and conductors business, the company has secured various orders in India and the overseas market.

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