KEC International in focus after securing fresh orders worth Rs1,030 Crore
India, Oct. 9 -- The global infrastructure EPC major, which has spent more than eight decades putting up power lines, metros, buildings and cables, has added a fresh set of contracts to its books. The wins come from three of its businesses and reach from the Himalayan foothills to the Gulf and the Americas. One of them brings a new marquee client into its wind portfolio. The timing matters, as the company is coming off a softer quarter and leaning on its order book.
Shares ofKEC International Ltd are trading at Rs. 353.45, up 1.10 percent on Friday. The stock touched the intraday high of Rs. 366.40 after opening at Rs. 360.00 before slipping to a low of Rs. 352.55. The company commands a market capitalization of Rs. 9,414.16 crore.
KEC...
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