KEC International Secures ₹2,518 Crore in New Orders Across Businesses
KEC International has secured new orders worth ₹2,518 crores. These include its largest-ever commercial real estate order and orders in the Train Collision Avoidance System (TCAS) segment. The company also received T&D project orders in Africa and international markets, along with cable supply orders.
The announcement of substantial new orders, especially the largest-ever commercial real estate order and expansion in key segments like TCAS and T&D, is expected to have a significant positive impact on the company's future revenue and market position.
The company has announced significant new orders, indicating strong business performance and growth across multiple segments.
KEC International Ltd. has announced the securing of new orders totaling ₹2,518 crores across its various business segments. The Civil business has notably received its largest-ever commercial real estate order from a prominent developer in Western India.
The Transportation business has secured an order in a Joint Venture for the Train Collision Avoidance System (TCAS) segment, also known as ‘Kavach’, in India. This segment is crucial for enhancing railway safety.
In the Transmission & Distribution (T&D) sector, KEC has won orders for 400/132/66 kV Transmission lines in Africa, additional orders for Transmission lines and Substations in international markets, and supply of towers and hardware/poles in Europe and the Americas.
The Cables & Conductors business has also secured orders for various types of cables and conductors in both Indian and overseas markets.
Mr. Vimal Kejriwal, MD & CEO of KEC International Ltd., expressed delight with the order wins, highlighting the significance of the largest commercial real estate order and the strengthening presence in the TCAS segment. He also noted the diversification of the international T&D order book and a recovery in the African T&D market.
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KEC International Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by KEC International Limited. Read the original for the full detail.