KEC International Shares Surge After Securing ₹1,025 Crore Order.

KEC International shares surged to a 52-week high after the company secured a new work order worth ₹1,025 crore. The RPG Group company received orders for transmission and distribution (T&D) projects across India, Africa, and the US.
The orders include a 765 kV GIS substation project in India from Power Grid Corporation of India Ltd (PGCIL), a 225 kV composite project comprising transmission lines, substations, and underground cabling in West Africa, and the supply of towers, hardware, and poles in the US. Additionally, KEC International has secured an order for the supply of various types of cables both domestically and internationally.
Vimal Kejriwal, MD & CEO of KEC International Ltd, commented, “The orders in T&D have substantially expanded our order book in both domestic and international markets. With these new orders, our year-to-date order intake has surpassed ₹4,000 crore, marking a staggering growth of over 70% compared to last year.”
HBL