KEC International bags domestic, global orders worth Rs 1,315 crore

KEC International Ltd stocks rally during Tuesday's afternoon trade as the RPG Group Company has secured new orders of Rs 1,315 crore across its various businesses.

 

As per the regulatory filing, the business has secured orders for Transmission & Distribution projects in India, Middle East, Australia and Americas.

 

  • 765 kV Transmission line and 765 kV AIS Substation orders in India, from Power Grid Corporation of India Limited (PGCIL) 
  • Supply of Towers in Middle East, Australia and Americas 
  • Supply of Hardware and Poles in Americas.

 

Further, the business has secured orders for supply of various types of cables in India and overseas.

 

Commenting on the development, Vimal Kejriwal, MD & CEO, KEC International Ltd. said, “We are enthused by the tower supply order from Australia, which is a testament to our dedicated focus on expanding and diversifying the tower sales business geographically. In a noteworthy achievement, our tower supply business footprint now extends across six continents.”

 

At around 12:46 PM, following market momentum, shares of KEC International rallied by 1.03% at Rs 659 per share on the BSE.

Top stories
Company

Delta Corp Q1 PAT Declines 68% YoY to Rs 22 crore in FY25

4 mins read . 13 Jul 2024 . 09:30 AM

Company

Zydus Life Gets USFDA Nod for Heart Failure Drug

3 mins read . 13 Jul 2024 . 09:23 AM

Company

RVNL Spurts 10% on Bagging Multiple Orders Worth Rs 390 Cr

4 mins read . 13 Jul 2024 . 09:18 AM

Related Blogs
blog-logo

Share Market

blog-logo

12 mins read . 12 Jul 2024

Ritesh Agarwal: The OYO Founder’s Success Story

  • 0 people read
blog-logo

Share Market

blog-logo

15 mins read . 08 Jul 2024

Best Oil & Gas Stocks in India

  • 0 people read
Kickstart your equities journey today You've got this
By submitting this I agree to the terms & conditions