Shares of KEC International surged to a record high of ₹1,094.70 during today’s trading session before settling at ₹1,067.60, up 4.35% from the previous close. The rally followed the announcement of significant turnkey orders worth ₹1,704 crore in the Transmission & Distribution (T&D) segment from the Power Grid Corporation of India Limited (PGCIL).
The new contracts include the design, supply, and installation of 765 kV transmission lines and gas-insulated substations (GIS), reinforcing KEC International’s market leadership and execution capabilities in the T&D sector.
Vimal Kejriwal, MD & CEO of KEC International, expressed optimism, stating, “These 765 kV orders from PGCIL have further strengthened our India T&D order book, reaffirming our confidence in the continued strong growth of this business. With these orders, our YTD order intake now stands at ₹16,300 crores, reflecting an impressive growth of over 60% compared to last year.”
This order inflow highlights KEC International’s robust growth trajectory and strengthens its position in the infrastructure sector.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
