Current Date: 06 Jul, 2024

KEC Intl Soars on ₹1,025 Crore Order Win

KEC International's shares surged today following the announcement of a significant order win valued at ₹1,025 crore. The order comprises multiple projects, including transmission and distribution, railways, and civil construction.

Investors reacted positively to the news, driving the stock up by over 5% during morning trading. Market analysts attribute the rally to the strategic importance of these projects in strengthening KEC's portfolio and enhancing its market position.

The company’s management expressed confidence in executing these projects efficiently, underscoring their commitment to quality and timely delivery. They highlighted that these orders reinforce KEC's leadership in the infrastructure sector.

This latest order adds to KEC's robust order book, positioning the company for sustained growth in the coming quarters. The positive market response reflects investor optimism about KEC's future prospects and its ability to secure and deliver large-scale projects.

News by Rahul Yelligetti

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Source : Projxnews