LIVE MARKET TRACKER :   BSE SENSEX   28693.99      |    NSE NIFTY 8588.25    
GLOBAL MARKETS :  NASDAQ 4806.134   +0.39%    |    FSI London 6719.16   -0.06%    |    NIKKEI Japan 17459.85   +1.23%
  USD GBP EUR CAD AUD INR
USD - 0.639 0.802 1.1433 1.1754 62.26
GBP 1.5652 - 1.2553 1.7895 1.8397 97.4512
EUR 1.2473 0.797 - 1.426 1.466 77.6569
CAD 0.875 0.5592 0.7018 - 1.0285 54.4802
AUD 0.8509 0.5437 0.6824 0.9728 - 52.9777
INR 0.0161 0.0103 0.0129 0.0184 0.0189 -
Indian-Commodity  :  Equity & Shares  :  KEC International trades with traction on the bourses

KEC International trades with traction on the bourses (11-Dec-2012)

KEC International is currently trading at Rs. 66.30, up by 0.60 points or 0.91% from its previous closing of Rs. 65.70 on the BSE.

The scrip opened at Rs. 66.50 and has touched a high and low of Rs. 67.90 and Rs. 66.10 respectively. So far 22118 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 80.70 on 29-Oct-2012 and a 52 week low of Rs. 31.80 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 69.40 and Rs. 64.70 respectively. The current market cap of the company is Rs. 1709.64 crore.

The promoters holding in the company stood at 44.51% while Institutions and Non-Institutions held 39.59% and 15.89% respectively.

KEC International (KEC), a global infrastructure EPC major, an RPG Group company, has secured new orders worth Rs 612 crore in its Transmission, Power Systems, Cables and Water businesses.

The company's Transmission Business has secured Rs 210 crore order in India from Power Grid Corporation of India (PGCIL) for supply and erection of 765 kilovolts (kV) single circuit transmission lines between Meerut (Uttar Pradesh) and Moga (Punjab) on turnkey basis. The project duration is 24 months. In the current financial year so far, the company has highest market share of approximately 28% in PGCIL's transmission line contracts.

Further, KEC International's wholly owned subsidiary SAE Towers has secured various orders worth Rs 224 crore in America for supply of lattice towers to Brazil, Mexico and United States.

Under the Power Systems Business, the company continues to expand its geographical footprints. It has entered Uganda by securing Rs 53 crore-order for design, supply and construction of 33 kV distribution lines and associated low voltage networks on turnkey basis. The order is secured from the Rural Electrification Board of the Ministry of Energy and Mineral Development of Uganda. The project duration is 12 months.

Under its Cable Business, the company has secured various orders for supply of power and telecom cables worth Rs 81 crore. Further, the company has bagged order worth Rs 44-crore under its Water Business from NTPC for establishment of water system civil works for super thermal power project in Solapur, Maharashtra. The project duration is 30 months.

 


Top News Today
RBI Governor emphasizes on better banking practices
(26-Nov-2014)

RBI Governor emphasizes on better banking practicesAmid the rising clamour from industry for rate cuts and signs of slow economic growth in September quarter that may compel Finance Ministry Arun Jaitley too, to argue Reserve Bank of India (RBI) Governor......click on news to read complete article.

GMR Infrastructure , FTIL and SAIL to see some action today
(26-Nov-2014)

GMR Infrastructure , FTIL and SAIL to see some action todayGMR Infrastructure (GIL) has emerged as lowest bidder in international competitive bidding for two packages of Eastern Dedicated Freight Corridor project involving construction of 417 km long double track......click on news to read complete article.

Telecom, IT and broadcast soon to see a new super-regulator
(25-Nov-2014)

Telecom, IT and broadcast soon to see a new super-regulatorA new super-regulator governing telecom, information technology and broadcast is on the anvil, as the Centre has finalised the broad outline for appointing a new super-regulator governing these sectors.......click on news to read complete article.

International Stock News
US markets end mostly in red on mixed economic data
(26-Nov-2014)

US markets end mostly in red on mixed economic dataThe US markets ended mostly in red on Tuesday on getting a mixed set of economic data, while the US third quarter GDP showed an unexpected growth, the consumer confidence declined in the month of November.......click on news to read complete article.

US markets move higher in a range bound trade
(25-Nov-2014)

US markets move higher in a range bound tradeThe US markets extending their gains ended modestly higher on Monday, though the trade remained tight ranged and some traders on the sidelines, lacking any major economic data. But the mood was jubilant......click on news to read complete article.

US markets closed higher as Europe, China fuel optimism
(22-Nov-2014)

US markets closed higher as Europe, China fuel optimismThe US markets closed higher on Thursday, as optimism in the global economy grew after central banks in China and Europe signaled additional stimulus measures. The initial strength on Wall Street came......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.