In the opening trade on April 4, the share price of KEC International soared by 10.12% to reach a 52-week high of Rs 802.45 after the company secured orders worth Rs 816 crore across its diverse business segments.
As of 9:42 am, KEC International was trading at Rs 802.45 on the BSE, up by Rs 73.75 or 10.12%.
The company’s civil business division has clinched orders for infrastructure projects within India, including the establishment of a steel plant in North India, construction of a cement plant in Central India, and the establishment of a carbon derivatives plant in East India.
Meanwhile, its transmission and distribution (T&D) business segment has secured orders for tower supply in the US, and its cable business division has been assigned various cable supply contracts in both Indian and international markets.