KEC Intl Scores Big with Rs 1,002 Crore Contract Win

KEC International saw a rise of 2.43% to Rs 714.35 following the announcement of securing new orders worth Rs 1,002 crore in its civil business. These orders encompass residential projects in both northern and southern India, sourced from reputed real estate developers, as well as contracts for constructing official residences and related facilities for senior defense officials in the country.

Vimal Kejriwal, the MD & CEO of KEC International, expressed satisfaction with these new orders, particularly highlighting the significance of the largest order obtained in the residential segment. He emphasized the sustained growth momentum of the civil business, underscored by the considerable repeat orders received from existing clients across various sectors.

News by Rahul Yelligetti