KEC Erases Early Gains Despite ₹1,303 Crore Orders

KEC International surged 5.71% after securing ₹1,303 crore worth of orders but erased gains as broader market weakness weighed on sentiment. KEC International Ltd. (NSE:

) witnessed strong buying interest on September 15, 2026, with the stock surging as much as 5.71% intraday after the company announced fresh orders worth ₹1,303 crore. The new orders span Transmission & Distribution (T&D) projects across India, the Middle East, and the Americas. Following these wins, KEC International's year-to-date order intake has crossed ₹7,600 crore, reflecting continued momentum in its order pipeline. However, the early gains proved short-lived. By around 12:30 pm, the stock had erased most of its advances, slipping into negative territory and trading nearly 0.7% lower. The reversal coincided with a sharp decline in the broader market, with the BSE Sensex falling nearly 800 points during the session. Market sentiment remained under pressure amid a rise in crude oil prices and bond yields, factors that contributed to profit booking and weakness across equities. While KEC International's robust order inflow remains a positive business development, the day's price action highlights how broader market conditions can influence stock performance in the short term. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.