Shares of KEC International gained 2 per cent to Rs 335 on the BSE in the early morning deals on Friday in an otherwise weak market after the company said it has secured new orders of Rs 1,401 crore across its various businesses.
“The company’s transmission & distribution (T&D) business including SAE Towers has secured orders of Rs 1,143 crore for various T&D projects from Oman Electricity Transmission Company (OETC), Power Grid Corporation of India (PGCIL) and other customers,” the company said in a press release.
The railways business has secured orders of Rs 120 crore for Overhead Electrification (OHE)/Civil, while the Smart Infra business has secured orders of Rs 48 crore in the Defence segment in India, it said.