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Hot Pursuit
19-May-20
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KEC Intl spurts on winning orders
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KEC International gained 2.23% to Rs 199.3 after the company secured new orders of Rs 1,203 crore across its various businesses.
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KEC International on Tuesday (19 May) announced that the transmission & distribution (T&D) business and SAE Towers have secured orders of Rs 917 crore for T&D projects in India, Bangladesh, Africa and the Americas. The civil business has secured orders of Rs 176 crore for industrial [civil works for Flue Gas Desulfurization (FGD) project] and residential projects in India. The cables business has secured orders of Rs 110 crore for various types of cables/ cabling projects.
On the technical front, the stock's RSI (relative strength index) stood at 50.248. The RSI oscillates between zero and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30.
The stock trades above its 20 days moving average (DMA) placed at 193.06 but below its 50 days moving average placed at 210.05. These levels will act as a crucial support and resistance zone in near term.
KEC International is a global infrastructure engineering, procurement and construction (EPC) major. It has presence in the verticals of power transmission and distribution, railways, civil, solar, smart infrastructure and cables.
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Previous News |
K E C International standalone net profit declines 81.09% in the September 2023 quarter
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Announcements
02-Nov-23
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KEC Intl gains on bagging orders worth Rs 1,002 cr
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Hot Pursuit
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05-Jun-24
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KEC International wins orders of Rs 1,002 cr
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KEC Intl bags orders worth Rs 2,257 cr
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14-Mar-24
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Hot Pursuit
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31-Jan-24
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K E C International consolidated net profit rises 1.07% in the September 2023 quarter
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Results
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Announcements
02-Nov-23
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KEC International to discuss results
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Corporate News
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27-Jul-23
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K E C International wins orders worth Rs 1123 cr
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Corporate News
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21-Sep-22
12:14
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KEC Intl gains on bagging order worth Rs 3000 cr
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Hot Pursuit
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20-Feb-23
09:52
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K E C International wins orders worth Rs 1082 cr
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Corporate News
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28-Oct-21
16:32
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