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KEC International shares in focus on transmission lines orders from Power Grid

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Core Development: KEC International shares in focus on transmission lines orders from Power Grid
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Market & Financial Impact: KEC International share price | The company has secured turnkey orders of Rs 2,872 crores in its Transmission & Distribution (T&D) business.
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Actionable Insight: Monitor price volume action at market open; check key technical support/resistance levels.

KEC International share price will remain in focus on October 26 following the company won an order of Rs 2,872 crore from Power Grid Corporation of India (PGCIL).

The company has secured turnkey orders of Rs 2,872 crores in its Transmission & Distribution (T&D) business for design, supply and installation of 765 kV transmission lines.

"The orders secured from PGCIL include the largest-ever order for our India T&D business. These prestigious 765 kV projects, associated with the evacuation of 8.5 GW of renewable energy from Gujarat, have substantially expanded our India T&D order book," said Vimal Kejriwal, MD & CEO, KEC International.

On October 23 the company secured orders of Rs 1,006 crore across Transmission & Distribution (T&D), Civil and Cables & Conductors businesses.

Also, earlier in this month, the company bagged an orders of Rs 1,014 crores in its India T&D business and orders of Rs 1,030 crores across various businesses.

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Official Publisher Attribution: This report is aggregated from Moneycontrol. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Moneycontrol ↗
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