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Hot Pursuit News

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(01 Jan 2016, 09:32)

KEC International gains after winning orders

KEC International rose 2.61% to Rs 159.10 at 9:32 IST on BSE after the company said it secured new orders worth Rs 1001 crore in its transmission & distribution, cables and solar businesses.


The announcement was made before trading hours today, 1 January 2016.

Meanwhile, the BSE Sensex was down 66.42 points, or 0.25%, to 26,051.12.

On BSE, so far 77,000 shares were traded in the counter, compared with an average volume of 1.33 lakh shares in the past one quarter.

The stock hit a high of Rs 164.15 and a low of Rs 159.10 so far during the day. The stock hit a 52-week high of Rs 164.75 on 24 November 2015. The stock hit a 52-week low of Rs 71.95 on 26 March 2015.

The stock had underperformed the market over the past one month till 31 December 2015, sliding 1.96% compared with 0.11% decline in the Sensex. The scrip had, however, outperformed the market in past one quarter, rising 9.34% as against Sensex's 0.14% fall.

The mid-cap company has an equity capita...

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