Friday 22 August 2014

KEC International strengthens on raising Rs 75 crore on private placement basis

    


      KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of power transmission, power system, cables, railways, telecom and water. KEC International has raised an amount of Rs 75 crore on private placement basis. The company has allotted 750 secured, rated, listed, redeemable, non-convertible debentures (NCDs) of the face value of Rs 10 lakh to HDFC Trustee Company A/c HDFC Corporate Debt Opportunities Fund.
    The promoters holding in the company stood at 50.01% while Institutions and Non-Institutions held 35.03% and 14.96% respectively.
    The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 153.00 and a 52 week low of Rs 23.25 respectively.
    Current price of stock is Rs 109.65, up by 0.20 points from its previous closing of Rs 109.45 on the BSE.


No comments:

Post a Comment

Results Today

          AIA Engineering Ltd, Anant Raj Ltd, Automotive Axles Ltd, Bandhan Bank, Coromandel International Ltd, Cadila Healthcare Ltd, BF Ut...