India's KEC International rises on contracts worth $366 million
** Shares of KEC International KECL.NS rise 7% to 926.35 rupees ** Co gets orders worth 32.43 billion rupees ($366.6 million) in international transmission and distribution business ** Orders for 400 kV transmission lines in the United Arab Emirates and supply of towers, hardware and poles in Americas ** With these orders, YTD order intake stands at 117 billion rupees ** KECL has lost ~23%, YTD ($1 = 88.4570 Indian rupees) (Reporting by Vijay Malkar) ((VijayDattaram.Malkar@thomsonreuters.com;))
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Brief: KEC International Secures New Orders Worth 10.02 Billion Rupees