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Hot Pursuit News

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(05 Jun 2024, 10:29)

KEC Intl gains on bagging orders worth Rs 1,002 cr

KEC International rallied 2.43% to Rs 714.35 after the company announced that it has secured new orders of Rs 1,002 crore in its civil business.

The civil business has received orders for residential projects in northern and southern India from renowned real estate developers and for construction of official residences and associated facilities for senior defense officials in India.

Vimal Kejriwal, MD & CEO, KEC International commented, “We are pleased with the new orders in our civil business, including our largest order in the residential segment. The civil business continues to be on an exponential growth trajectory, which is reflected in the substantial repeat orders secured from existing clients across diverse segments.

With this order in northern India, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. These orders reaffirm our confidence that this business will continue to c...

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