India's KEC International up on getting new orders worth $127 mln

KEC International

10/06/2024 05:14

** Shares of KEC International  KECL.NS  up 3.6% at 768.35
rupees
    ** KECL rose as much as 7.4% in early trade to 825 rupees 
    ** Engineering and construction firm secures new orders
worth 10.61 bln rupees ($127.1 mln)
    ** "With these orders, our YTD order intake stands at 30 bln
rupees," - MD & CEO Vimal Kejriwal
    ** Average rating of 19 analysts covering stock is "hold";
median PT is 720 rupees - LSEG data
    ** Including session's gain, stock up 35.4% YTD 



($1 = 83.4890 Indian rupees)

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