KEC International Share Price Movement Amid Order Wins

Market Performance

KEC International's stock price rose over 6% on March 17, 2025, following the announcement of new orders worth Rs 1,267 crore. At 10:06 AM, the company's stock was recorded at Rs 717 on the BSE, reflecting an increase of Rs 44.60 or 6.63%.

Recent Order Wins

KEC International has secured fresh orders across multiple business segments. The Transmission & Distribution (T&D) sector received Notification of Awards (NOAs) and Comfort Letters for various projects in India and the Americas. These include 800 kV HVDC and 765 kV Transmission line projects awarded by Power Grid Corporation of India (PGCIL) and the supply of towers, hardware, and poles in the Americas.

Additionally, the Cables division has secured contracts to supply cables and conductors for domestic and international projects.

Company Developments

In January 2025, KEC International secured orders amounting to Rs 1,445 crore for T&D projects in India, including ± 800 kV HVDC and 400 kV transmission line projects from PGCIL. Further, orders worth Rs 1,136 crore were awarded across various business verticals, including a 765 kV Transmission Line project from PGCIL. The Oil & Gas Pipelines segment obtained a pipeline design, supply, and associated construction contract from a leading Public Sector Undertaking (PSU) in India.

Stock Performance Overview

KEC International's stock reached a 52-week high of Rs 1,312.00 on December 4, 2024, and a 52-week low of Rs 648.45 on March 3, 2025. Currently, the stock is positioned 45.35% below its highest value and 10.57% above its lowest value over the past year.

Summary

KEC International has strengthened its order book with significant projects in the T&D sector and additional contracts in the Cables and Oil & Gas Pipelines businesses. The company continues participating in key infrastructure developments, particularly in India's renewable energy and transmission sectors. The recent order acquisitions reflect ongoing business expansion efforts in domestic and international markets.