27 Jan , 2025 By : Debdeep Gupta
KEC International's share price shed nearly 4 percent in the opening trade on January 27 despite the company securing new orders of Rs 1,445 crore for transmission & distribution (T&D) projects in India.
At 09:29 am, KEC International was quoting at Rs 802.50, down Rs 31.90, or 3.82 percent, on the BSE.
The company received ± 800 kV HVDC & 400 kV transmission line orders, from Power Grid Corporation of India (PGCIL).
The board of directors of the company is scheduled to be held on Monday, February 03, 2025, to consider and approve the unaudited standalone and consolidated financial results of the company for the quarter and nine months ended December 31, 2024.
Earlier, this month, the company secured new orders of Rs. 1,136 crores across its various businesses.
In December, the company secured new orders of Rs 1,073 crore across its various businesses.
The share touched a 52-week high of Rs 1,312 and a 52-week low of Rs 615.15 on 04 December 2024 and 29 January 2024, respectively.
Currently, the stock is trading 38.83 percent below its 52-week high and 30.46 percent above its 52-week low.
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