Rs 40,000 crore order book: Civil Construction Company wins new orders of Rs 1236,00,00,000
The stock is up by 55 per cent from its 52-week low of Rs 605.05 per share and a whopping 630 per cent in a decade.
KEC International Ltd., a global infrastructure EPC major and an RPG Group Company, has secured new orders worth Rs 1,236 crore in its Civil business. This includes their largest order in the Buildings & Factories segment, encompassing high-rise residential projects in Western India from renowned real estate developers. These projects involve developing over 50 lakh square feet of residential buildings along with associated facilities, significantly strengthening KEC International's civil order book and expanding their presence in the premium high-rise residential segment.
About the Company
KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission and distribution, railways, civil & urban infrastructure, solar, oil & gas pipelines and cables. The company is currently executing infrastructure projects in 30+ countries and has a footprint in 110+ countries (including EPC, supply of towers and cables). It is the flagship Company of the RPG Group. RPG Enterprises, established in 1979, is one of India’s fastest-growing business groups with a turnover of USD 4.8 billion. The group has diverse business interests in the areas of infrastructure, tyres, pharma, it and speciality as well as in emerging innovation-led technology businesses.
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KEC International Ltd had a market cap of over Rs 24,000 crore and has been maintaining a healthy dividend payout of 33.1 per cent. The company reported amazing numbers in its Quarterly Results (Q4FY25) and annual results (FY24). The company’s current order book stands at Rs 40,000 crore, including the L1 orders as of March 31, 2025. Tenders under evaluation and in the pipeline of over Rs 1,50,000 crore.
As of March 2025, FIIs have increased their stake to 15.42 per cent compared to 15.20 per cent in December 2024. The stock is up by 55 per cent from its 52-week low of Rs 605.05 per share and a whopping 630 per cent in a decade.
Disclaimer: The article is for informational purposes only and not investment advice.