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KEC International get orders worth Rs 1,192 crore across various businesses

Nidhi Jani
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KEC International get orders worth Rs 1,192 crore across various businesses

A part of RPG Group, KEC International Limited, informed the bourses on Monday after the market hours that the company has received new orders amounting to Rs 1,192 crore across its various businesses.

Under its transmission and distribution business, it has received orders worth Rs 821 crore for T&D projects in India, Africa, SAARC, Malaysia, and the USA. The company’s Power T&D segment is the highest contributing segment to the total revenue of the company with nearly 66 per cent.

Under its civil business, it has received orders worth Rs 57 crore for infrastructure works in the warehouse space in India. Under the cables business, it has received orders worth Rs 168 crore for different types of cabling projects.

The company’s order book as on March 31, 2020, stood at over Rs 20,503 crore. Its order book mix comprises of T&D-54 per cent, Railways-29 per cent, Civil-13 per cent, Cables-2 per cent and others- 1 per cent. On the geographical front, the company’s order book mix stood at domestic- 64 per cent and international- 36 per cent.

Today, the stock of KEC International gained nearly five per cent and made an intraday high of Rs 279.80 on BSE.

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