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KEC International, a global infrastructure EPC major, has secured new orders of Rs 1,681 crore across its various businesses.
KEC International said its transmission & distribution business has secured orders of Rs 1,287 crore for T&D projects from Power Grid Corporation of India (PGCIL) and other customers in India, SAARC and the Americas.
Civil business has secured an order of Rs 254 crore for infra works in the Water Pipeline segment in India. Smart Infra business has secured an order of Rs. 63 crore as a Master System Integrator for Smart City ICT Components for a greenfield smart city in India. Cables business has secured orders of Rs. 77 crore for various types of cables in India and overseas.
Sensex, Nifty likely to open lower
February 17, 2021
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Stocks likely to witness some action: APSEZ, Ashok Leyland, Heritage Foods, InterGlobe Aviation, Infosys, KEC International, L&T Finance Holdings, Muthoot Finance, Page Industries and, TVS Srichakra Global cues and SGX Nifty index signal that domestic markets are likely to open in negative territory with at least 0.75 per cent down. The SGX Nifty, which currently rules at 15,240 at Singapore Stock Exchange, indicates an almost 100-point gap-down for Nifty50 index futures, which on Tuesday closed at 15,330.
Markets across Asia-Pacific region are also ruling in red, with benchmarks of Japan, Hong Kong, Australia, the Philippines and Korea declining between 0.5 and 1.5 per cent.
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