KEC International shares surge over 6%, hit 52-week high on new order win
Shares of KEC International rallied over 6% to hit a 52-week high of Rs 586 in Wednesday’s trade on BSE after the firm secured a new order of Rs 1,373 crore across its various businesses.
The railways business of the company has secured orders in the technologically-enabled and conventional/emerging segments in India. The orders included signalling and telecommunication for automatic block signalling (ABS) system, and 2 x 25 kV overhead electrification (OHE), & associated works for speed upgradation.
While the civil business has secured orders in the residential and commercial building segments in India.
