KEC International Share Price Surges 5% After ₹1,236 Crore Civil Order Boost

KEC International Share Price Surges 5% After ₹1,236 Crore Civil Order Boost

Market Performance: KEC International Share Price Today

KEC International's share price witnessed a substantial uptick on Wednesday, June 25, following a major order win in its Civil business segment.

  • Opening Price: ₹909.55
  • Previous Close: ₹888.70
  • Intraday High: ₹933.95
  • % Increase: Over 4.93%

The stock moved positively, defying broader market weakness. Despite a volatile phase over the past few months, KEC International stock has gained nearly 8% in the last month, although it remains 21% down in the previous six months.

Main News: ₹1,236 Cr Civil Business Order Secured

KEC International announced on June 25 that it had received fresh orders worth ₹1,236 Crore in its Civil business division — the company's largest-ever order in the Buildings & Factories (B&F) segment.

Key Highlights of the Order:

  • The order involves high-rise residential projects in Western India.
  • Projects cover over 50 lakh square feet of residential construction.
  • Work includes associated facilities for the projects.
  • The buildings will rise to G+70 stories, showcasing the firm's capabilities in premium segment construction.

Company Details: KEC International's Expanding Footprint

KEC International Ltd. is a global infrastructure EPC major operating in multiple verticals:

  • Power Transmission & Distribution
  • Civil Construction
  • Transportation
  • Renewables
  • Oil & Gas Pipelines
  • Cables

The company has a strong international presence, with operations in 110+ countries.

Recent Milestone:

  • With the latest orders, KEC is now constructing over 70 high-rise buildings across India for marquee clients.
  • The company's Year-To-Date (YTD) order intake has surpassed ₹5,500 Crore, representing a ~35% YoY growth.

Summary of the Article

The KEC International share price surged by over 5% on June 25 following the announcement of a massive ₹1,236 Crore Civil order, marking a significant expansion in its high-rise construction portfolio. With more than 70 buildings under construction and a strong order book, KEC continues to cement its presence in the premium residential infrastructure space.

The company's strategic growth in the Civil business, particularly in the Buildings & Factories segment, is driving renewed investor interest and boosting market confidence.

Download the Samco Trading App

Get the link to download the app.

Samco Fast Trading App

Leave A Comment?