KEC International wins new orderKEC - 419 Change: -0.20 (-0.05 %)
KEC International wins new orders of Rs 1, 407 crores across its various businesses. In the T & D segment KEC has secured projects in the Middle East. In the Civil segment KEC has secured an order for the construction of official quarters and associated facilities for senior Government officials in India. The Railways segment company has secured an order for signalling & telecommunication works of Train Collision Avoidance System (TCAS) under ‘Kavach’ in consortium in India. The Cable segment company has secured orders for various types of cables in India and overseas.
With a large order in Civil space, KEC has enhanced its presence in the growing public spaces segment and further diversified their clientele. Company’s YTD order intake has now stood at Rs 8,400 crores, a robust growth of ~50% vis-à-vis last year. KEC expects its order inflows to the tune of Rs 20000+ crore in FY23E..