KEC International settled the day with gains of 5% at Rs 271. Around 54,691 shares were traded throughout the day on the BSE.
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(Updated at 1434 hrs)
KEC International has soared on news that the company bagged new orders worth Rs 111 crore in the Middle East, Australia and India.
The stock today opened at Rs 254, and slipped to a low of Rs 248. The stock however later rebounded and touched a high of Rs 271, up over 9% from the day's low.
The stock is currently trading at Rs 270, up 4.5%. The counter has seen trades of around 44,686 shares on the BSE so far.
According to a release isssued by the company to the BSE, the Middle East order which has been awarded by TRANSCO, Abu Dhabi is for the diversion of the 220kV & 400kV transmission lines to a new ICAD 400/200/33kV Grid Stations. In addition to this offer, the company has bagged numerous other offers too.