India's KEC International rises on 11 billion rupee order win

KEC International

03/01/2025 09:36

** Shares of KEC International  KECL.NS  rise as much as
1.7% to 1,232.70 rupees
    ** Engineering and construction co says it has won order
worth 10.97 billion rupees ($127.9 million)
    ** Project is for setting up 400 kV transmission lines in
UAE and for supply of towers, hardware and poles across U.S.,
Mexico and Brazil
    ** Share price above 50-day, 100-day and 200-day exponential
moving averages since Nov. 14
    ** Avg rating of 22 analysts equivalent of "buy", median PT
is 1,011 rupees - data compiled by LSEG
    ** Stock rose 103.5% in 2024, best yearly gain since 2017

($1 = 85.7540 Indian rupees)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))