India's KEC International rises on 14 bln-rupee order wins

KEC International

18/08/2025 05:51

** KEC International KECL.NS climbs 5.7% to 823 rupees; marks biggest intraday pct gain since May 15

** Stock among top three pct gainer on Nifty smallcap 100 index .NIFSMCP100, which is up 1%

** Engineering co gets orders worth 14.02 bln rupees ($160.3 mln)

** Orders include 765 kv transmission line in India, tower supplies in Americas, repeat civil project in North India

** More than a mln shares traded, 2.5x of 30-day avg

** Stock rated "buy" on avg; median PT is 975 rupees, per data compiled by LSEG

** YTD, KECL falls 31.5% vs NIFSMCP100's 5.4% drop

($1 = 87.4430 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))