India's KEC International rises after securing orders worth 10 billion rupees

KEC International

06/05/2026 05:20

** KEC International KECL.NS shares rise 1.1% to 576.55 rupees

**  Construction and engineering firm secures new orders worth 10.02 billion rupees  ($105.37 million)

** Orders received across its Transmission & Distribution, Renewables, Transportation and Cables & Conductors businesses

** "Our renewables business has expanded its presence in the Wind Energy segment with a repeat order from an existing customer. The Transportation business has reinforced its position in the technology-enabled ABS segment with these orders" - CEO Vimal Kejriwal

** 18 of 20 brokerages rate the stock "buy" or higher; their median PT is 835 rupees - data compiled by LSEG

** YTD, stock down 20.5% vs a 7.5% decline in the Nifty 50 Index .NSEI

($1 = 95.0912 Indian rupees)

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))