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.
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