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KEC International Shares Hit 52-Week High on Rs 1,012 Crore Multiple Order Wins

The cable business of the company has also secured multiple orders to supply cables.

Shares of KEC International hit a 52-week high of Rs 747.70 during the early trading hours on 12 September after the company announced winning a Rs 1,012 crore order across its various businesses.

The company’s civil business vertical secured a new order from clients in the Data centre and FMCG segment for constructing a data centre in Western India and manufacturing a production facility of a global FMCG company in Southern India.

The company’s Transmission and distribution business vertical has secured an order for building a 76 KV transmission line from its existing private client in India and an order for the supply of towers, hardware, and poles in America.

The cable business vertical of the company has secured an order to supply various types of cables in India and overseas.

During August, the company secured a new order of Rs 1,007 crore across its various business vertices. The company’s civil business vertical secured an order for designing, engineering, procuring, and constructing a multispeciality hospital in India.

The Transmission and Distribution business vertical won an order to build a 380 kV overhead transmission line in the Middle East.

The Cable business vertical secured orders to supply various cables in India and overseas.

At 11:39 am, the shares of KEC International were trading at Rs 700.85 or 5.35% above its previous close on NSE.

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