KEC International rose 6.98% to Rs 369.50 at 15:03 IST on BSE after the company said it secured new orders worth Rs 2424 crore across all its business units.
The announcement was made during trading hours today, 19 December 2017.Meanwhile, the S&P BSE Sensex was up 214.22 points, or 0.64% to 33,815.90
On the BSE, 3.43 lakh shares were traded in the counter so far, compared with average daily volumes of 1.47 lakh shares in the past one quarter. The stock had hit a high of Rs 378.90 so far during the day, which is also record high for the counter. The stock had hit a low of Rs 349 so far during the day. The stock hit a 52-week low of Rs 130.50 on 27 December 2016.
On a consolidated basis, net profit of KEC International rose 37.41% to Rs 89.37 crore on 2.80% rise in net sales to Rs 2132.15 crore in Q2 September 2017 over Q2 September 2016.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major.
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