KEC International wins new orders worth Rs. 10.41 bn
Source: IRIS | 17 Dec, 2021, 06.52PM
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Rating: NAN / 5 stars. |
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KEC International, an RPG Group infrastructure EPC major, has secured new orders of Rs. 10.41 billion across its various businesses. In Transmission & Distribution (T&D) business, the company has secured orders for T&D projects in India, Middle East and Americas.
The company's Civil business secured an order for building a Data Centre in Western India whereas Cables business has secured orders for various types of cables in India and overseas.
Vimal Kejriwal, MD & CEO, KEC International commented, "We are very happy with the order wins, especially in the Domestic T&D segment. With these orders, our YTD order intake stands at Rs. 120 billion, a robust growth of over two times vis-à-vis last year. We are particularly enthused by our second order in the growing Data Centre segment."
Shares of the company gained Rs 4.60, or 1.01%, to settle at Rs 459.40. The total volume of shares traded was 29,560 at the BSE (Friday).
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