India's KEC International up on $124 mln order win

KEC International

30/04/2024 05:21

** Shares of KEC International  KECL.NS  rise as much as
6.6% to 779.70 rupees, last up 3.1%
    ** Engineering and construction co gets orders worth 10.36
billion rupees ($124.1 million) 
    ** KECL lost 4.5% in March, snapping three-month gaining
streak
    ** Twenty analysts covering the stock on average have a
"hold" rating; median PT is 671.50 rupees - LSEG data
    ** Stock up ~28% YTD; had gained 19.2% in 2023 for fifth
straight year of gains
    

($1 = 83.4800 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))