rnational Ltd., a leading infrastructure engineering firm, announced a major breakthrough today with a Rs 1,038 crore contract for the design, supply, and installation of a 380 kV Gas Insulated Switchgear (GIS) substation in Saudi Arabia. The news triggered a modest uptick in the company's stock price, reversing a two-day losing streak amid positive investor sentiment. In early trading on the Bombay Stock Exchange (BSE), KEC International's shares rose 0.49%, settling at Rs 854.70 by 09:20 hrs IST, marking a gain of Rs 4.15 from the previous close. The rally reflects market optimism over the firm's expanding footprint in the Middle East, a key growth region for its transmission and distribution (T&D) segment. The order, described as the company's largest-ever substation project, underscores KEC's growing prowess in high-voltage infrastructure solutions. It comes at a time when global demand for reliable power networks is surging, driven by energy transitions and urbanization in the Gulf region.

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