Shares of KEC International rallied 6% on 5 June after the company announced securing an order worth Rs 1,002 crore for its civil business.

In its regulatory filing, the company said that the order is for residential projects in northern and southern India from renowned real estate developers, along with the construction of official residences and associated facilities for high-ranking defence officers in India.

Vimal Kejriwal, MD and CEO of KEC International, said that this order in the residential projects order is the company’s largest in the residential segment. The company’s civil business is still expanding exponentially, as seen by the sizable number of repeat orders it has received from current clients in a variety of market sectors.

Vimal added, “With this order in Northern India, KEC is now constructing over 70 high rise buildings for marquee clients across the country.”

The company’s varied business verticals brought in orders totalling Rs 1,036 crore in April.

The company’s T&D segment received orders for Transmission & Distribution (T&D) projects in the Americas and the Middle East. Of particular note is that the business will establish overhead transmission lines in the United Arab Emirates (UAE).

KEC International is showcasing its expertise in the transmission and distribution industry and its global reach by providing poles, hardware, and towers for projects in the Americas.

Further work in India’s conventional railway sector has been granted to KEC International. Furthermore, orders were received by the company’s cable division from domestic and international clients to deliver various types of cables.

At 1:03 pm, the shares of KEC International were trading 3.24% higher at Rs 719.45 on NSE.