KEC International wins new ordersKEC - 419 Change: -0.20 (-0.05 %)
News: KEC International has won new orders worth Rs 1,108 crore across its various businesses. T&D business has secured orders for T&D and cabling projects in India, Middle East and Africa. The railways business has secured orders in the technologically enabled and conventional/emerging segments in India. The oil & gas business has secured an order for laying of cross-country pipeline and associated works in India.
View: The railways business is witnessing a gradual uptick through orders in both conventional and new segments. Also, it has secured its maiden order in the prestigious TCAS segment under ‘Kavach’. T&D business has an expanded order book, especially the third order from PGCIL in quick succession. Also, order in oil & gas pipelines, further enhances KEC’s order book. New orders along with orders announced earlier during the year, will significantly contribute towards KEC’s growth in the domestic T&D market.