LIVE MARKET TRACKER :   BSE SENSEX   22876.54      |    NSE NIFTY 6840.80    
GLOBAL MARKETS :  NASDAQ 4161.458   +0.97%    |    FSI London 6672.78   -0.13%    |    NIKKEI Japan 14546.27   +1.09%
  USD GBP EUR CAD AUD INR
USD - 0.5953 0.7228 1.1025 1.0769 61.11
GBP 1.6799 - 1.2142 1.8521 1.8091 102.6593
EUR 1.3841 0.824 - 1.526 1.4906 84.5824
CAD 0.9071 0.54 0.6556 - 0.9768 55.4311
AUD 0.9288 0.5529 0.6713 1.024 - 56.759
INR 0.0164 0.0097 0.0118 0.018 0.0176 -
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
Gems and jewellery exports decline by around 9% to $39.5 billion in FY14
(21-Apr-2014)

Gems and jewellery exports decline by around 9% to $39.5 billion in FY14India's gems and jewellery exports fell by about 9 percent to $39.5 billion during the fiscal year 14 as compared to $43.34 billion in the previous fiscal. The exports of gems and jewellery, which contribute......click on news to read complete article.

IMC to discuss upon coal bidder's concern in its meeting on Thursday
(17-Apr-2014)

IMC to discuss upon coal bidderWith the government having initiated the process of auctioning coal blocks, bidders have raised concerns on several serious and trivial issues, including discrepancies in reserves in the biggest of the......click on news to read complete article.

Retail Inflation snaps three months easing trend at 8.31% in March
(16-Apr-2014)

Retail Inflation snaps three months easing trend at 8.31% in MarchQuestioning the assumptions which that worst is over for Asia's third-largest economy, the provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) disappointed......click on news to read complete article.

International Stock News
US markets gain; S&P 500 marks longest rally in 2014
(23-Apr-2014)

US markets gain; S&P 500 marks longest rally in 2014The US markets closed higher on Tuesday, with the S&P 500 extending its winning streak to sixth day, the longest streak of gains since September 2013. On the economy front, the Federal Housing......click on news to read complete article.

US markets gain; S&P marks longest winning streak in 6 months
(22-Apr-2014)

US markets gain; S&P marks longest winning streak in 6 monthsThe US markets closed higher on Monday, with investors back into action after the long holiday weekend, helping the S&P 500 to extend its winning streak to the longest in six months. On the economic......click on news to read complete article.

Asian markets trade mostly higher in early deals
(18-Apr-2014)

Asian markets trade mostly higher in early dealsMost of the Asian equity counters are trading in the green terrain in early deals on Friday due to reassuring comments from the Federal Reserve chief. Gains, however, were modest on growing concerns about......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.