KEC International hits 52-week low after weak Q2

KEC International fell up to 10.89% on 3 November 2026 to a 52-week low of ₹311 after Q2 profit dropped 81.5%. KEC International Ltd [

] fell as much as 10.89% on 3 November 2026 and hit a fresh 52-week low of ₹311 by 1 PM. The stock is trading at its lowest level since October 2020. The fall came after weak Q2 FY27 numbers: consolidated profit dropped 81.5% to ₹29.7 crore from ₹160.8 crore, and revenue slipped 10.2% to ₹5,467.7 crore from ₹6,091.6 crore. The decline has been persistent. The market cap is down over 76% from the December 2024 peak. Q1 FY27 profit had also fallen 42% on flat revenue. The chart shows a weak market structure. The trend is strongly bearish, momentum is negative and sentiment is negative. Price is making lower lows with no sign of a base yet. What next: ₹352, the previous day high, is the first resistance. A move above it may ease the selling pressure in the short term. ₹298, the low of September 2020, is the nearest support. A close below it may extend the fall. Conclusion: The view stays bearish while the price trades below ₹352. Traders may watch the reaction near ₹298 for any sign of stability. Disclaimer: I, Akhilesh Jat (SEBI RA Reg. No. INH000016649), do not hold any position in the stock discussed. This content is informational, not a recommendation. Investments in securities are subject to market risks. Read all related documents carefully before investing.