India's KEC International hits more than one-month high after order win

KEC International

09/04/2026 05:48

** Shares of KEC International KECL.NS rise as much as 6%; hits more than one-month high, building on previous session's ~7% gain

** The engineering & construction firm wins multiple orders across various verticals, collectively worth 25.18 billion rupees ($271.98 million)

** Civil business bags its largest-ever commercial real estate order, while transport secures order in JV in Train Collision Avoidance System

** Shares at forward 12-month price-to-earnings ratio of 13.61, compared with the industry median of 14.87 - data compiled by LSEG

** Of 21 analysts tracking stock, 19 rate it "buy" or higher, while two rate it "hold" or lower, with median PT 845 rupees - data compiled by LSEG

** YTD, KEC down 19.6%, while Nifty small-cap index .NIFSMCP100 down ~7%

($1 = 92.5790 Indian rupees)

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com; +919886482111;))