KEC International Surges 10% on New Orders

Shares in KEC International surged over 10 per cent to a day high of Rs 99.80 on Wednesday after the company bagged new orders worth Rs 1,412 crore.

KEC International, a RPG Group company, said in filing to exchanges that the company has bagged orders worth Rs 1,412 crore in its transmission and distribution business in India, Africa and United States.

Shares in KEC International ended 3.71 per cent higher at Rs 9.75 apiece, outperforming the Nifty, which ended 0.42 per cent higher.