KEC International gains on new orders worth Rs. 1,029 cr.

KEC International has gained around 2% on BSE after getting new orders. KEC International Ltd. (KEC), a global infrastructure engineering, procurement and construction (EPC) company has secured orders of Rs. 1,029 crores. In its Tansmission & Distribution business, the comapny has secured orders worth Rs. 746 crores in India, Zambia, US, Brazil and Mexico. The rest of the orders are in cables and renewables businesses. On BSE, KEC shares are trading with a gain of 1.6% at Rs. 103.40. The shares opened at Rs. 102.8 and hit a high of Rs. 107. On BSE and NSE combined around 170,000 shares have changed hands so far.