KEC International shines on winning new order
DSIJ Intelligence / 05 Dec 2016
The Indian markets on December 5 opened flat fearing global cues. The sensex is marginally down by 2.86 points as the pessimism continues over Italian referendum. However, the market experts believe that the situation will not be like BREXIT.
The Indian markets on December 5 opened flat fearing global cues. The sensex is marginally down by 2.86 points as the pessimism continues over Italian referendum. However, the market experts believe that the situation will not be like BREXIT. Meanwhile, KEC International has attracted fresh volumes as the company has won an order worth Rs 840 crores. The shares of the company which previously closed at Rs 138.65, opened three per cent higher, and as at 9.29 am are trading at Rs 142.20.
KEC International, a global infra EPC major, an RPG Group company has informed BSE that it has secured new orders worth Rs 840 crores. Transmission and Distribution business has won order worth Rs 723 crore in Malaysia, Egypt, and the Americas. In Malaysia, it has won order for construction of transmission line; and the order won in Egypt and America is worth Rs 248 crore and Rs 46 crore respectively. For its cable business, KEC International has secured supply orders of Rs 117 crore.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.