Throughout Friday’s buying and selling session, the shares of an organization engaged within the Engineering, Procurement and Development (EPC) enterprise surged practically 4.4 p.c to Rs. 408.35 on NSE, after securing an order value practically Rs. 19.5 crores from Rajasthan Rajya Vidyut Prasaran Nigam Restricted.
With a market cap of Rs. 438.4 crores, at 01:30 p.m., the shares of Kay Cee Vitality & Infra Restricted had been buying and selling within the inexperienced at Rs. 400, up by practically 2.3 p.c, as in opposition to its earlier closing worth of Rs. 391.
What’s the Information
Based on the newest regulatory filings with the NSE, Kay Cee Vitality & Infra Restricted secured an order value practically Rs. 19.5 crores from Rajasthan Rajya Vidyut Prasaran Nigam Restricted. The contract is to be executed inside 18 months from the receipt of the detailed letter of award.
The contract work consists of the development of a ~15-km LILO (Line-In-Line-Out) of the 220 kV S/C Sirohi-Bali Line-I on the proposed 220 kV GSS Sumerpur (upgradation) utilizing multi-circuit monopoles.
It additionally entails refurbishing the present 58.2-km 220 kV S/C Sirohi-Bali Line-I, overlaying disc insulators, {hardware}, and different elements. The contract encompasses survey, provide of apparatus/supplies, erection together with civil works, testing, and commissioning on a turnkey foundation.
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Earlier Information
ninth December 2024: a Joint Enterprise Settlement (JVA) has been executed between Kay Cee Vitality & Infra Restricted and Josts Engineering Firm Restricted. On the identical day, the JV firm, named Suryavayu Renewable And Vitality Options Personal Restricted, was formally included.
The JV firm was included to undertake EPC tasks within the energy sector and to do enterprise within the renewable power sector.
The shareholding construction of the JV firm is evenly divided, with Jost’s Engineering Firm holding 50 p.c of the fairness share capital and Kay Cee Vitality & Infra Restricted proudly owning the remaining 50 p.c.
Financials
Kay Cee Vitality & Infra reported a major development in income from operations, experiencing a year-on-year enhance of practically 57 p.c, rising from Rs. 24.13 crores in H1 FY24 to Rs. 37.86 crores in H1 FY25.
Equally, the corporate’s internet revenue elevated from Rs. 2.8 crores to Rs. 5 crores over the identical interval, representing a formidable development of round 78.6 p.c YoY.
Concerning the Firm
Included in 2015, Kay Cee Vitality & Infra Restricted is engaged within the enterprise of Engineering, Procurement and Development enterprise (EPC) and ancillary operations and upkeep (O&M) providers. The corporate focuses on infrastructure-related merchandise, tasks, techniques, and allied actions throughout the energy transmission and distribution sector.
Written by Shivani Singh
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