India's KEC International extends post-results rally, buoyed by ratings upgrades

KEC International

12/11/2025 06:02

** KEC International KECL.NS rises 3.2% to 792.5 rupees, taking its two-session rise to 10%

** Infrastructure firm reported 89.4% y/y rise in Q2 consol net profit on Monday

** Motilal Oswal upgrades to "buy" from "neutral", citing improving earnings outlook on strong order pipeline, reasonable valuations

** Emkay Global upgrades to "buy" from "add" on momentum in transmission, distribution business, attractive valuations

** Stock rated "buy" on avg; median PT at 965 rupees, per data compiled by LSEG

** KECL slips 35.9% YTD, lags Nifty smallcap 100 index's .NIFSMCP100 3% drop

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))