Today Market
trained Share of KEC International on
Wednesday after the infrastructure EPC major received new orders worth Rs 1,029
crore in its transmission and distribution, cables, and renewable businesses.
The stock gained over 2 percent. In transmission and distribution segment, the
company has secured orders worth Rs 746 crore from Power Grid in India, Zesco
in Zambia and SAE Towers in America. "In cable business, the company
received orders for the supply of power and telecom cables. The total value of
these orders is Rs 273 crore," said the company in its filing to BSE,
adding it has secured order worth Rs 10 crore in solar space.
The market
remained rangebound at around 7850 on the Nifty after seeing big fall in
previous session. The index declined 8.05 points to 7844.35 while the Sensex
was down 10.41 points to 26261.56. Technology and healthcare stocks were under
pressure while capital goods, FMCG, power and banks stocks gained.
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