India's KEC International rises on $157 mln order wins

KEC International

30/01/2024 04:11

** Sharea of KEC International  KECL.NS  up as much as 3.2% to
643.7 rupees, their highest level since Nov. 1 
    ** Engineering and construction firm gets new orders worth
13.04 bln rupees ($157 million) across its businesses
    ** Avg rating of 20 analysts close to equivalent of "hold;"
median PT is 640 rupees - LSEG
    ** Stock has been trading above 200-day moving avg since
Nov. 2022; on track for a second consecutive monthly gain, if
trends hold 

($1 = 83.1350 Indian rupees)

 (Reporting by Navamya Ganesh Acharya)
 ((Navamya.GaneshAcharya@thomsonreuters.com; +91 8805175330 ;))