Shares of KEC International settled 0.05 per cent lower at Rs 431.55 each on the BSE.KEC International - flagship business of the RPG Group, announced that it has actually bagged new orders worth Rs 1,065 crore throughout various organizations.
The business's Transmission - & Circulation(T&D) organization protected orders for projects in India, the Middle East, Africa, and Americas.The company's trains segment has secured an order for building and construction of railway siding in the traditional section in India, the civil organization bagged an order for infra operates in the water pipeline section in the country.The oil and gas pipelines company has actually protected an order for laying of oil and gas pipeline, through the company's wholly-owned subsidiary, Spur Facilities Pvt Ltd, KEC International stated in a declaration.
The cable television organization likewise bagged orders for different kinds of cables in India and overseas.
Our order book continues to grow on the background of orders secured throughout all our organization verticals.
The constant orders in T&D have significantly enhanced our order book, especially in the international markets.
We are particularly excited by the order in Railways, which even more consolidates our management in the standard Train section.
The order in Civil has actually enhanced our existence in the growing water infra segment.
With these orders, our YTD order consumption stands at Rs 11,000 crore, said Vimal Kejriwal, MD - & CEO, KEC International.The infrastructure engineering, procurement and construction (EPC) major is presently carrying out infrastructure tasks in more than nations and has a footprint in over 105 countries (includes EPC, supply of towers and cables).
On Friday, December 3, shares of KEC International settled 0.05 per cent lower at Rs 431.55 apiece on the BSE.