Page 2 - Kec International

KEC International Q3 results: Profit up at Rs 97 cr, income at Rs 5,032 cr

Engineering, procurement and construction company KEC International on Tuesday posted multi-fold jump in its consolidated net profit at Rs 96.87 crore in the quarter ended December 2023, aided by higher income. It had clocked a net profit of Rs 17.60 crore during the October-December quarter of the preceding fiscal, the company said in an exchange filing. The company's total income rose to Rs 5,032.70 crore from Rs 4,376.34 crore in the year-ago quarter. Expenses stood at Rs 4,911.98 crore as against Rs 4,364.91 crore in the third quarter of last financial year. KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has presence in sectors like power transmission and distribution, railways, civil, urban infrastructure, solar, oil & gas pipelines, and cables.

KEC International bags new projects worth Rs 1,005 cr in India, overseas

Engineering firm KEC International on Tuesday said it has bagged new projects worth Rs 1,005 crore across its various business verticals, including railways and cables. The RPG Group company has bagged projects for transmission and distribution and cabling in the domestic market as well as in the Middle East, Europe, Africa and Americas. In the railways vertical, it has "secured an order for 25 kV overhead electrification (OHE) and associated works in the conventional segment in India," the company said in a regulatory filing. The company has secured orders for the supply of various types of cables in the domestic market and overseas. "We are particularly enthused by the order in railways, which further consolidates our order book in the conventional railway segment. With these orders, our YTD (Year to Date) order intake stands at Rs 10,000 crore," KEC International Ltd MD & CEO Vimal Kejriwal said. KEC International is a global infrastructure engineering, procurement and ...

KEC International bags new domestic, global orders worth Rs 1,315 cr

Infrastructure company KEC International on Monday announced securing new orders totalling Rs 1,315 crore in India and international markets. The orders have been bagged by the company's Transmission & Distribution (T&D) business in the domestic market apart from clientele in Middle East, Australia and Americas, KEC International said in a regulatory filing. In India, the scope of order includes a transmission line and a substation order from Power Grid Corporation of India Ltd (PGCIL) while the orders in Middle East, Australia and Americas are for supply of towers, hardware and poles and various types of cables. Vimal Kejriwal, MD and CEO of KEC International Ltd, said, "we are delighted with the new order wins, particularly the orders from PGCIL in Rajasthan. These orders have significantly enhanced our India T&D order book. In a noteworthy achievement, our tower supply business footprint now extends across six continents." KEC International is a global infrastructure ...

Stocks to Watch today, Sep 28: Adani Ports, Apollo Hosp, NBCC, Zee, KEC

Stocks to watch on Thursday, September 28 2023: Telecom stocks too may see some action after Trai data for July showed considerable new subscriber additions for Jio and Airtel; and loss of market shar

Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%

Closing Bell on September 13, 2023:The gains were led by Bharti Airtel (up 2.7 per cent), Titan, Axis Bank, SBI, IndusInd Bank, Power Grid, NTPC, Tata Motors, Ultratech Cement, and Bajaj Finance

KEC Intl hits new high, gains 11% on winning orders worth Rs 1,012 cr

With these orders, the company's year-to-date order intake stands at a record level of over Rs 6,500 crore, a strong growth of 11 per cent over the last year

Stocks to Watch today, Sep 13: Infosys, Vedanta, BoB, Paytm, KEC, SpiceJet

Stocks to watch on Wednesday, September 13, 2023: Steel stocks too may see some action India and the US plan to enable exports of at least 336,000 tonnes of certain steel and aluminium products withou

KEC International zooms 8% on securing multiple orders worth Rs 1,007 cr

Among others, the company secured its first order to construct a Multispeciality Hospital in India, on design-build basis.

KEC International bags orders worth Rs 1,007 cr including hospital contract

Engineering firm KEC International has bagged new orders worth Rs 1,007 crore, including for construction of a multi-speciality hospital. Its civil business vertical secured an order for design, engineering, procurement and construction of a multi-speciality hospital in eastern India, the company said in a regulatory filing on Friday. The company's transmission and distribution business secured an order for a 380 kV overhead transmission line project in the Middle East. The cables business bagged orders from within the country and abroad. "KEC International Ltd, an RPG Group company, has secured new orders of Rs 1,007 crore across its various businesses," the filing said. "With these orders, our YTD (Year To Date) order intake stands at a record of over Rs 5,500 crore, registering a strong growth of 15 per cent from last year," Vimal Kejriwal, Managing Director and Chief Executive Officer of KEC International, said.

KEC International posts bigger-than-expected Q1 profit on strong demand

Consolidated profit for RPG Group's flagship company rose 36.5% to Rs 42.3 crore ($5.11 million)

Sensex rises for 3rd straight day, up 85pts ahead of Fed outcome; RIL leads

CLOSING BELL ON JUNE 14, 2023: Sectorally, the BSE Metal index surged 1.6 per cent. The Energy and Oil & Gas indices were also up nearly a per cent each.

KEC International surges 6% to hit 52-week high on Rs 1,373-crore order win

The company is witnessing a good traction in the tower supply orders, especially in North America, the management said.

Stocks to Watch: Bharat Forge, Shoppers Stop, Gokaldas, Lotus Chocolate

Stocks to Watch: As per a report, Clear Wealth Consultancy Svcs LLP will likely sell 8.25 per cent stake via block deal in Gokaldas Exports today

Analysts pick road-construction stocks on strong order book, NHAI pipeline

At the bourses, shares of HG Infra Engineering, KNR Constructions, and KEC International have surged up to 9.3 per cent since February 1

KEC International soars 7% on securing new orders worth of Rs 1,349 crore

Analyst at Reliance Securities said, considering strong revenue visibility backed by healthy order book, earnings momentum with higher margin from Q4FY23 onwards and likely improvement in return ratio

Stocks to watch: Dalmia Bharat, ICICI Bank, Paytm, ONGC, KEC International

Stocks to watch today: ICICI Bank raised Rs 5,000 crore through bonds to fund business growth; Dalmia Bharat acquired cement assets of Jaypee Group's company for Rs 5,666 crore

Sensex up 1,277 pts, ends above 58K; Nifty tops 17,250; banks, metals lead

CLOSING BELL: IndusInd Bank, Bajaj Finance, TCS, HDFC, Bajaj Finserv, Tata Steel, HDFC Bank, Wipro, L&T, Axis Bank, ITC, SBI, and Infosys were the top Sensex gainers

Stocks to Watch: TCS, HDFC, Oil, Tata Steel, KEC, Banks, Coal India

Stocks to Watch Today: TCS is set to win $2 billion deal. Also, shares of oil related companies are likely to be in focus ahead of the OPEC+ meet on likely production cut.

Govt orders, private capex fuel KEC's order book by Rs 6,000 crore

The company reported Rs 23,716 crore of orderbook in the fiscal year ended March 2022, up by 18% over the previous year and plans to bid for Rs 1.1 trillion of orders, which are in the pipeline

Capital goods stocks may re-rate on Govt capex push, firm demand: Analysts

Inflation remains a key risk for margins amid geopolitical tensions. But, analysts expect this to improve from the second half of FY23 due to declining commodity prices and strong order inflows