KEC International rose 2.25% to Rs 124.85 at 9:54 IST on BSE after the company said it has secured new orders worth Rs 836 crore.
The announcement was made after market hours yesterday, 31 March 2016.Meanwhile, the S&P BSE Sensex was down 9.62 points or 0.04% at 25,332.24.
On BSE, so far 1.09 lakh shares were traded in the counter as against average daily volume of 68,000 shares in the past two weeks. The stock hit a high of Rs 128 and a low of Rs 124.65 so far during the day. The stock had hit a 52-week high of Rs 164.75 on 24 November 2015. The stock had hit a 52-week low of Rs 80 on 1 April 2015.
The mid-cap company has equity capital of Rs 51.42 crore. Face value per share is Rs 2.
KEC International secured orders worth Rs 737 crore in its domestic business. It has secured supply orders worth Rs 56 crore from its international business. The company's cables business secured orders of Rs 43 crore.
On consolidated basis, KEC International's net profit fell 44.1% to Rs 37.16 crore on 0.7% growth in net sales to Rs 2035.18 crore in Q3 December 2015 over Q3 December 2014.
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KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission and distribution, cables, railways, water and renewables.
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