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KEC
As of Monday, May 19, 2025, the latest updates for KEC International are primarily focused on new order wins and recent stock performance:
New Order Wins:
KEC International has secured new orders worth ₹1,133 crore for transmission and distribution (T&D) projects in India.
These orders include a significant contract from Power Grid Corporation of India Limited (PGCIL) for:
Construction of a ±800 kV HVDC transmission line.
Establishment of a 765 kV GIS substation.
The company also secured an order from a leading private developer for a 400 kV Quad transmission line.
These new wins have significantly bolstered KEC International's India T&D order book.
Earlier in May 2025, KEC International also announced new orders worth ₹1,034 crore across its T&D and construction segments, marking its entry into the semiconductor sector with an order for a prominent private player.
As of Monday, May 19, 2025, the latest updates for KEC International are primarily focused on new order wins and recent stock performance:
Order Book:
With these recent wins, KEC International's total order intake for FY25 has reached a record level of approximately ₹24,600 crore as of early April 2025.
As of early February 2025, the company's outstanding order book had crossed ₹37,000 crore, showing a 24% year-on-year growth.
The company has a strong bidding pipeline of over ₹1,50,000 crore.
Management Commentary:
Vimal Kejriwal, the MD & CEO of KEC International, expressed delight in securing these multiple T&D orders, especially the HVDC order, building on previous successes.
He remains optimistic about the sector's growth, driven by India's increasing energy demands and the government's commitment to expanding renewable energy and strengthening transmission infrastructure.#Today’sTradingSetup#StockInNews#FundamentalViews#EquityResearch#PersonalFinance
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