India's KEC International up on winning orders worth $142 mln

KEC International

08/02/2024 06:03

** Shares of KEC International  KECL.NS  up 2.6% at 670
rupees
    ** The engineering and construction firm won orders worth
11.75 bln rupees ($141.6 mln)
    ** Stock on track for best day since Jan. 31, when it rose
on reporting higher Q3 profit
    ** Avg rating of analysts is equivalent to a "hold"; avg PT
is 658.76 rupees - LSEG data
    ** Rival ABB India  ABB.NS  also rated "hold", Larsen &
Toubro  LART.NS  and NCC Ltd  NCCL.NS  rated "buy"

($1 = 82.9850 Indian rupees)

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))