Shares of KEC International rose 2% in early trade on April 6 after the company announced it had secured orders for various businesses worth Rs 1,213 crore.

KEC International’s transmission and distribution (T&D) business has secured project orders in India, SAARC, the Middle East, East Asia Pacific and the Americas, the company said.

The civil business has won orders for urban infrastructure in India, and the cable business has won orders from domestic and foreign markets.

“We are pleased with the traction of order inflows throughout the year. With these orders, our total order inflow for FY23 is at an all-time high of Rs 22,378 crore, substantial growth of ~30% vis-a-vis last year,” said Vimal Kejriwal, MD & CEO of KEC International.

“The T&D order significantly expands our T&D order book, particularly in international markets. Our civil business further strengthens its order book in the urban infrastructure sector. These orders, along with those announced earlier this year, reaffirm our strong Confidence in achieving future targeted growth,” Kejriwal added.

At 9:32 am, KEC International was quoted at Rs 460.45 on the BSE, up Rs 5.65, or 1.24%.

The stock touched a 52-week high of Rs 525.05 on January 10, 2023, and a 52-week low of Rs 345.15 on May 12, 2022. It trades 12.3% below its 52-week high and 33.41% below its 52-week high.