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RPG group stock jumps after it receives orders worth ₹1,136 Cr from Power Grid

Global EPC leader secured ₹1,136 crores in orders across energy, rail safety, and pipeline projects, showcasing its expertise in advancing critical infrastructure solutions in India.
RPG group stock jumps after it receives orders worth ₹1,136 Cr from Power Grid
RPG group stock jumps after it receives orders worth ₹1,136 Cr from Power Grid

Prominent global infrastructure EPC firm has secured orders worth ₹1,136 crores across Transmission & Distribution, Transportation, and Oil & Gas Pipelines. These projects highlight advancements in energy, rail safety, and pipeline solutions, driving infrastructure development in India.

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Share price movement of KEC International:

On January 8, 2025, KEC International Ltd. opened at ₹1,150.00, up 1.99% from its previous close of ₹1,127.60. The stock hit a high of ₹1,171.00 (3.85%) and a low of ₹1,082.05. By 9:55 AM, it traded at ₹1,083.30, a 3.93% decline, with a market cap of ₹28,837.45 crore.

KEC International Secures Orders Worth ₹1,136 Crores:

KEC International Limited, a leading global infrastructure EPC company and part of the RPG Group, announced securing new orders worth ₹1,136 crores. These contracts span across Transmission & Distribution (T&D), Transportation, and Oil & Gas Pipelines sectors.

The T&D segment secured a significant 765 kV transmission line project from Power Grid Corporation of India Limited (PGCIL). In Transportation, KEC received a prestigious order for the Train Collision Avoidance System (TCAS) under India’s ‘Kavach’ initiative, reinforcing its position in rail safety advancements.

Additionally, the Oil & Gas Pipelines division was awarded a comprehensive design, supply, and build project for pipelines and associated works by a leading PSU. These projects mark another milestone in KEC’s commitment to delivering infrastructure solutions globally.

Recent news on KEC International:

As of January 3, 2025, KEC International Ltd. secured a ₹1,097 crore order for projects across the U.S., Mexico, Brazil, and the UAE. With a 70% growth, its year-to-date order intake surpasses ₹19,500 crores, driven by transmission and distribution.

Stock performance of KEC International for Period of 1 week, 6 months and 1 year:

KEC International Ltd. experienced a 6.12% drop over the past week but showcased robust growth trends with a 29.4% return over six months. Over the past year, the company delivered an exceptional performance, achieving an impressive 85.4% return.

Also Read: Railway stock jumps 4% after it delivers India’s first driverless trainset to Bengaluru metro’s yellow line

Shareholding pattern of KEC International:

All values in %Sep 2024Jun 2024Mar 2024
Promoter50.10%51.90%51.90%
FII13.10%12.70%12.50%
DII26.70%25.30%25.80%
Public10.00%10.20%9.80%
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About KEC International:

KEC International Limited (NSE: KEC) is a global EPC leader, specializing in Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. Operating in 30+ countries, it is the flagship company of the RPG Group.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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