KEC International share price snapped two-day fall, rising 0.5 percent in the opening trade on October 16 following the company won new order for installation of 380 kV GIS substation in Saudi Arabia.
At 09:20 hrs KEC International was quoting at Rs 854.70, up Rs 4.15, or 0.49 percent, on the BSE.
"....... has secured a new order of Rs 1,038 crore for design, supply and installation of 380 kV GIS substation in Saudi Arabia," company said in its press release.
“We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our YTD order intake has surpassed Rs 16,000 crore, representing a healthy growth of ~20%,” said Vimal Kejriwal, MD & CEO, KEC International.
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Earlier in this week, company secured a new order of Rs 1,064 crore for design, supply and installation of 380 kV transmission line in Saudi Arabia and Rs 1,174 crore for transmission & distribution projects in India and the Middle East.
Last week, the company secured new orders of Rs 1,102 crore across various businesses.
In the previous trading session, at Rs 857.90, down Rs 0.35, or 0.04 percent.
The share touched a 52-week high of Rs 1,312.00 and a 52-week low of Rs 605.05 on 04 December, 2024 and 07 April, 2025, respectively.
Currently, the stock is trading 34.86 percent below its 52-week high and 41.26 percent above its 52-week low.
The market capitalisation of the company stands at Rs 22,752.11 crore.
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