KEC bags new order in various businessesKEC - 616 Change: 4.80 (0.78 %)
KEC International has won new orders of Rs 1,123 crore across its various businesses. In the T&D segment KEC has secured orders for building substations in India. In Railways segment, the company has secured an order for construction of bridges and associated works for new railway line in the conventional segment in India. In civil segment, KEC has secured an order for infra works in the hydrocarbon segment in India. In the cable segment, the company has secured orders for various types of cables in India and overseas.
With these orders, the company has significantly enhanced its order book in T&D, Railways & civil and diversified its clientele. KEC’s YTD order intake has now surpassed Rs 7,000 crore, robust growth of ~25% vis-à-vis last year. KEC expects order inflows to the tune of Rs 19000-20000 crore in FY23E