KEC International Ltd shares surged more than 3% in early trade on Tuesday after the company announced new Transmission & Distribution (T&D) project orders worth ₹1,174 crore across India and the Middle East.
The new contracts include ±800 kV HVDC and 765 kV transmission lines from a reputed private developer in India, along with 380 kV transmission line projects in Saudi Arabia, further strengthening KEC’s footprint in the Middle East.
Vimal Kejriwal, MD & CEO of KEC International, expressed optimism about the company’s growth trajectory, stating that these prestigious orders highlight the continued momentum in the T&D segment. He also noted that with these wins, the company’s year-to-date order intake has reached around ₹14,000 crore.
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. Author or Business Upturn is not liable for any losses arising from the use of this information.
