India's KEC International jumps on securing new orders

KEC International

17/03/2025 05:23

** Construction and Engineering firm KEC International's KECL.NS shares jump 7%, on course for biggest daily percentage gains in more than three months

** Co secures orders worth 12.7 billion rupees ($145.8 million) in cables, and transmission & distribution segments

** More than 4 million shares change hands, 4x the six-month average volume

** Co receives transmission line orders from Power Grid Corp of India PGRD.NS, and a deal for supply of towers, hardware and poles in the Americas

** Co has won orders worth $2.7 billion YTD, up 35% from last year, says Vimal Kejriwal, MD and CEO

** KECL trims YTD losses to 40%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))