KEC International wins new orders worth ₹1,245 crore
April 21, 2021
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Total order inflow for FY21 stands at ₹11,876 crore with a YOY growth of 5%
KEC International Ltd, a global infrastructure EPC company, has secured new orders worth ₹1,245 crore across its various businesses.
Vimal Kejriwal, Managing Director and CEO, KEC International Ltd, said, “With these orders, our total order inflow for FY21 stands at ₹11,876 crore with a YOY growth of 5 per cent despite the challenging environment. Our Railway order book continues to grow with orders in both conventional and new areas. The EPC order in Americas, secured by our subsidiary SAE Towers, further strengthens our order book in that region.”
Adani Transmission Ltd Surges 4 16%
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Power shares rise
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Power stocks were trading in red, with the S&P BSE Power index decreasing 22.47 points or 0.89% at 2491.53 at 13:49 IST. Among the components of the S&P BSE Power index, NTPC Ltd (down 1.91%), CESC Ltd (down 1.86%),Adani Transmission Ltd (down 1.7%),Tata Power Company Ltd (down 1.53%),Bharat Heavy Electricals Ltd (down 0.87%), were the top losers. Among the other losers were Adani Green Energy Ltd (down 0.8%), ABB India Ltd (down 0.28%), Torrent Power Ltd (down 0.19%), and Power Grid Corporation of India Ltd (down 0.12%). On the other hand, K E C International Ltd (up 1.14%), Thermax Ltd (up 0.81%), and Adani Power Ltd (up 0.72%) turned up.
At 13:49 IST, the S&P BSE Sensex was down 284.64 or 0.57% at 49461.57.
Power stocks were trading in green, with the S&P BSE Power index increasing 41.45 points or 1.63% at 2583.99 at 09:49 IST. Among the components of the S&P BSE Power index, Adani Power Ltd (up 4.96%), K E C International Ltd (up 3.55%),Adani Transmission Ltd (up 3.33%),Power Grid Corporation of India Ltd (up 2.05%),NTPC Ltd (up 1.32%), were the top gainers. Among the other gainers were Adani Green Energy Ltd (up 1.22%), Bharat Heavy Electricals Ltd (up 1.12%), Tata Power Company Ltd (up 1.11%), ABB India Ltd (up 0.41%), and Siemens Ltd (up 0.35%).
At 09:49 IST, the S&P BSE Sensex was up 333.45 or 0.68% at 49492.77.
The Nifty 50 index was up 104.5 points or 0.71% at 14742.3.