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Palak Jain

17th Mar 2025 · SEBI-Registered Analyst

Multibagger
KEC
International surges almost 7% on securing orders worth ₹1,267 crore

Shares of KEC International Ltd soared nearly 7 percent on Monday, March 17, after the company announced securing fresh orders worth ₹1,267 crore across multiple business segments. The new contracts further bolster the company’s position in the infrastructure and energy transmission sectors. The Transmission & Distribution (T&D) business received Notification of Awards (NOAs) and a Comfort Letter for major projects in India and the Americas. These include prestigious 800 kV HVDC and 765 kV transmission line orders from Power Grid Corporation of India (PGCIL) and supply contracts for towers, hardware, and poles in the Americas. Additionally, KEC’s Cables division secured orders for supplying various types of cables and conductors, both domestically and internationally.

#StockInNews#IndexStrategies
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