KEC International jumps 3.5%

KEC International is on a good run on the bourses today. In the opening bell session, it rose almost 3.5% to Rs.418.70 but soon after that profit booking has pushed it down to Rs.407 levels, just about holding onto the greens now.

The market was enthused with the news of company bagging orders worth Rs.1378 crore.

Of this, the T&D business has secured orders of Rs. 786 crore across India, Middle East and SAARC.

The Railway Business has secured four orders for composite and overhead electrification works aggregating to Rs. 473 crore.

The Cable Business has received orders of Rs. 78 crore for various types of Cables.

The Civil Business has secured an order of Rs. 41 crore for the construction of factory and related civil works in Andhra Pradesh.