India's KEC International jumps on 11.71 bln-rupee order wins

ABB India

29/08/2024 05:19

** Shares of KEC International  KECL.NS  rise as much as 6%
at 920.07 rupees
    ** Engineering and construction co gets orders worth 11.71
bln rupees ($139.6 mln) in the Middle East
    ** KECL on track to extend its rally to a fifth straight
session
    ** Avg rating of 22 analysts covering the stock is "hold";
median PT is 880 rupees - LSEG data
    ** Stock up ~56% YTD

($1 = 83.9025 Indian rupees)

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))