KEC International in focus after Q2 profit falls 81.5%

KEC International Q2 FY27 profit fell 81.5% to Rs 29.7 crore, with support at Rs 330 and resistance at Rs 385 in a bearish trend. KEC International Limited [ KEC] is in focus on 3 November after its Q2 FY27 results. The stock closed at Rs 349.00 on Monday, up 5.87%, ahead of the numbers. Consolidated profit fell 81.5% to Rs 29.7 crore from Rs 160.8 crore. Revenue fell 10.2% to Rs 5,467.7 crore from Rs 6,091.6 crore. EBITDA fell to Rs 271 crore from Rs 430 crore, with the margin at 5.0% against 7.1%. The order book reached a record Rs 39,946 crore. Execution is the issue, not orders. Interest cost rose to 3.5% of revenue from 2.8%, and the auditors flagged an indeterminate financial impact from a government agency investigation. The trend is bearish, with the stock about 63% below its September 2025 high near Rs 940. Price at Rs 349 is at immediate resistance near Rs 350. Support is Rs 330. Resistance is Rs 385. RSI is 45.37, above its average of 32.79, so momentum is recovering from oversold levels. A close above Rs 385 would signal a trend change. A close below Rs 330 would resume the decline. Volume matters. DISCLOSURE: I do not hold any position in this stock. This is not a recommendation to buy or sell. Investments in securities markets are subject to market risks. Read all related documents carefully before investing.