8 months ago
Indian Firms Secure Over Rs 4,750 Crore in Orders
This week, several Indian companies won big contracts.
KEC International secured ₹1,150 crore in orders, including a major contract for a 765 kV transmission line and a substation.
Kalpataru Projects got orders worth ₹2,003 crore for building and power projects.
Solarworld Energy secured an ₹806 crore deal for a battery storage project in Gujarat.
Shakti Pumps and Oswal Pumps each won solar pump contracts worth ₹443.78 crore and ₹380 crore respectively.
BLS International renewed a contract with the Ministry of External Affairs for attestation services.
Tejas Networks won contracts to supply routers for rural internet connectivity.
The total value of these orders is over ₹4,750 crore.
Some companies' shares went up, while others went down.
KEC International secured ₹1,150 crore in orders, including a major contract for a 765 kV transmission line and a substation.
Kalpataru Projects secured ₹2,003 crore in new orders for building and power projects.
Solarworld Energy won an ₹806 crore contract for a battery storage project in Gujarat.
Shakti Pumps and Oswal Pumps secured solar pump contracts worth ₹443.78 crore and ₹380 crore respectively.
BLS International renewed its contract with the Ministry of External Affairs for attestation services.
- Who
- Indian companies including KEC International, Kalpataru Projects, Solarworld Energy, Shakti Pumps, Oswal Pumps, BLS International, and Tejas Networks
- What
- Secured new orders and contract renewals worth over Rs 4,750 crore
- Where
- Across India and overseas
- When
- Within the past week
- Why
- To expand their business operations and infrastructure projects
Key facts
- KEC International Orders
- ₹1,150 crore
- KPIL Orders
- ₹2,003 crore
- Solarworld Energy Order
- ₹806 crore
- Shakti Pumps Order
- ₹443.78 crore
- Oswal Pumps Order
- ₹380 crore
- Total Order Wins
- ₹3,632.78 crore
- KEC International Share Price
- ₹694.45 (up 1.54%)
- KPIL Share Price
- ₹1,171.65 (up 0.61%)
- Solarworld Share Price
- ₹287.10 (down 0.05%)
- Shakti Pumps Share Price
- ₹649.70 (down 8.5%)
- Oswal Pumps Share Price
- ₹527.60 (up 1.33%)
- BLS Share Price
- ₹319.60 (down 3.91%)
- Tejas Networks Share Price
- ₹479.35 (down 3.01%)
Quotes
Vimal Kejriwal
Managing Director and CEO of KEC International
“We have given an annual guidance of 8%”
CNBC TV 18
