During Friday’s trading session, the shares of a company engaged in the Engineering, Procurement and Construction (EPC) business surged nearly 4.4 percent to Rs. 408.35 on NSE, after securing an order worth nearly Rs. 19.5 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited.
With a market cap of Rs. 438.4 crores, at 01:30 p.m., the shares of Kay Cee Energy & Infra Limited were trading in the green at Rs. 400, up by nearly 2.3 percent, as against its previous closing price of Rs. 391.
What’s the News
According to the latest regulatory filings with the NSE, Kay Cee Energy & Infra Limited secured an order worth nearly Rs. 19.5 crores from Rajasthan Rajya Vidyut Prasaran Nigam Limited. The contract is to be executed within 18 months from the receipt of the detailed letter of award.
The contract work includes the construction of a ~15-km LILO (Line-In-Line-Out) of the 220 kV S/C Sirohi-Bali Line-I at the proposed 220 kV GSS Sumerpur (upgradation) using multi-circuit monopoles.
It also involves refurbishing the existing 58.2-km 220 kV S/C Sirohi-Bali Line-I, covering disc insulators, hardware, and other components. The contract encompasses survey, supply of equipment/materials, erection including civil works, testing, and commissioning on a turnkey basis.
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Previous News
9th December 2024: a Joint Venture Agreement (JVA) has been executed between Kay Cee Energy & Infra Limited and Josts Engineering Company Limited. On the same day, the JV company, named Suryavayu Renewable And Energy Solutions Private Limited, was officially incorporated.
The JV company was incorporated to undertake EPC projects in the power sector and to do business in the renewable energy sector.
The shareholding structure of the JV company is evenly divided, with Jost’s Engineering Company holding 50 percent of the equity share capital and Kay Cee Energy & Infra Limited owning the remaining 50 percent.
Financials
Kay Cee Energy & Infra reported a significant growth in revenue from operations, experiencing a year-on-year increase of nearly 57 percent, rising from Rs. 24.13 crores in H1 FY24 to Rs. 37.86 crores in H1 FY25.
Similarly, the company’s net profit increased from Rs. 2.8 crores to Rs. 5 crores over the same period, representing an impressive growth of around 78.6 percent YoY.
About the Company
Incorporated in 2015, Kay Cee Energy & Infra Limited is engaged in the business of Engineering, Procurement and Construction business (EPC) and ancillary operations and maintenance (O&M) services. The company focuses on infrastructure-related products, projects, systems, and allied activities within the power transmission and distribution sector.
Written by Shivani Singh
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