KEC International is very much in the limelight today morning; rising over 5.5% to an intraday high at Rs.381.65 on the back of a 2x surge in volumes.
The market is happy with the announcement of its new orders to the tune of Rs.1092 crore across its various businesses:
Transmission & Distribution (T&D): The business has secured orders for T&D projects in India, Middle East and Americas.
Railways: The business has secured an order for 2 x 25 kV Overhead Electrification (OHE) & associated works for speed upgradation (Mission ‘Raftaar’) in India.
Civil: The business has secured orders in the Residential, Industrial and Defence segments in India.
Cables: The business has secured orders for various types of cables in India and overseas.