KEC International shares are expected to remain in focus on December 2, 2024, after the company announced securing orders worth Rs 1,040 crore in the transmission and distribution (T&D) sector from international markets. These orders include the supply of towers, hardware, and poles in the Americas and 220 kV transmission lines in the CIS region.
This development comes after the company recently received turnkey orders worth Rs 1,704 crore from PGCIL for 765 kV transmission lines and GIS substations. On November 25, KEC had also received orders of Rs 1,114 crore across various T&D projects in the Middle East, Americas and Oman.
KEC International achieved better financial results by reporting a 53 percent increase in net profit at Rs 85.41 crore for the September quarter of 2024.
Do you have a news tip for Lakshmishree reporters? Please email us at media@lakshmishree.com
Source: Moneycontrol
News Desk
