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KEC — KEC International News Story

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India's KEC International rises on order wins worth $106.5 million

BUZZ-India's KEC International rises on order wins worth $106.5 million

** Shares of India's KEC International KECL.NS rise 1.4% to 354.75 rupees

** Stock up as much as 4.8% earlier in the session

** The construction and engineering company receives orders worth 10.30 billion rupees ($106.53 million) for projects in Bhutan, Saudi Arabia and the Americas.
** Company also secures 300+ MW wind project in southern India
** Says its cables and conductors business has secured multiple orders in India and overseas market

** Stock rated "buy" on avg by 24 analysts, with median PT of 560 rupees - data compiled by LSEG

** Stock down 51.12%, YTD



($1 = 96.6875 Indian rupees)


(Reporting by Anushka Rajvedi in Bengaluru)

((mailto: anushka.rajvedi@thomsonreuters.com))

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