KEC International Ltd. – Fresh T&D Orders Boost Sentiment

., a flagship company of the RPG Group, announced new Transmission and Distribution (T&D) orders worth ₹1,174 crore across India and the Middle East. Orders include ±800 kV HVDC and 765 kV transmission lines from a reputed Indian private developer and 380 kV lines in Saudi Arabia, strengthening its order book. 🔹 Market Reaction: Stock traded around ₹893, up 4.5% in morning trade before retreating toward the previous close. 🔹 Technical View: Currently hovering near its 50-day SMA, indicating sideways consolidation. Price shows higher lows with flat highs, forming an ascending triangle after a 52% fall from its all-time high. • Resistance: ₹950 • Support: ₹838–828 The stock reflects gradual stabilization, with momentum closely tied to sustained movement above key resistance. 📌 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.