Shares of KEC International hit a record high of Rs 522.05, after tge shares surged 12 per cent on the BSE in Friday’s intra-day trade, after the company announced that it has secured new orders of Rs 1,829 crore across its various businesses. The stock of engineering, procurement, and construction (EPC) majors surpassed its previous high of Rs 486.45 on March 3, 2021.
At 12:32 pm, KEC International was quoting 6.6 per cent higher on the back of heavy volumes in an otherwise volatile market. Trading volumes on the counter jumped over nine-fold with a combined 2.6 million equity shares changing hands on the NSE and BSE. In comparison, the S&P BSE Sensex was up 0.08 percent at 60,973 points, after hitting a high of 61,420 in intra-day trade today.