KEC International (KEC), a global infrastructure EPC major, climbed on Thursday after it bagged new orders worth Rs 12.15 billion in its transmission and cable business.
In transmission business, the company has bagged orders Rs 11.48 billion in Saudi Arabia, Americas, Bhutan, Nepal and India. While, in cable business it has bagged orders worth Rs 670 million for the supply of power and telecom cables.
Shares of the company are trading at Rs 56.90, up Rs 1.75, or 3.17% at the Bombay Stock Exchange (BSE) on Thursday at 12:52 p.m.
The scrip has touched an intra-day high of Rs 58.70 and low of Rs 55.40. The total volume of shares traded at the BSE is 215,004.
In the earlier session, the shares climbed 0.91%, or Rs 0.5, at Rs 55.15. Currently, the stock is trading down 17.48% from its 52-week high of Rs 68.95 and above 144.73% over the 52-week low of Rs 23.25.