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KEC International shares soar 9% on bagging orders worth ₹2,518 crore; all you need to know

KEC International shares soar 9% on bagging orders worth ₹2,518 crore; all you need to know

Upstox 1 day ago

KEC International share price: Shares of KEC International jumped as much as 8.69% to an intraday high of ₹616.95 apiece in early trade on the National Stock Exchange (NSE) on Thursday, April 9, as it bagged multiple new orders worth ₹2,518 crore across various businesses.

In a regulatory filing dated Wednesday, the infrastructure EPC major revealed that it has secured orders across its civil, transportation, transmission & distribution (T&D), and cables & conductors businesses.

The RPG Group firm, under its civil business, secured its largest-ever commercial real estate order from a leading real estate developer in Western India.

Its transportation division bagged an order in a joint venture (JV) in the Train Collision Avoidance System (TCAS) segment under 'Kavach' in India.

Kavach is the Research Designs & Standards Organisation's (RDSO's) indigenously developed Automatic Train Protection (ATP) system.

Under its T&D business, the company secured multiple projects for 400/132/66 kV transmission lines in Africa, and additional orders for transmission lines and substations in international markets.

It also bagged tower supply orders in Europe and the Americas, along with hardware and pole supply orders in the Americas.

Its cables and conductors business secured orders for the supply of various types of cables and conductors in India and the overseas market.

Commenting on the development, Vimal Kejriwal, MD & CEO, KEC International Ltd, said: "We are delighted with the order wins across our businesses. The Civil business has secured its largest-ever commercial real estate order, marking a significant milestone and adding a marquee client to our portfolio."

He added that the company's transportation business continues to strengthen its presence in the growing TCAS (Kavach) segment, "contributing to enhanced safety for Indian Railways through world-class technology."

"Our international T&D order book continues to diversify across geographies. The successive order wins in Africa reflect a recovery in the T&D market in that region," Kejriwal highlighted.

KEC International stock performance

At around 10:10 AM, the scrip was trading 3.08% higher at ₹585.10 per equity share.

Shares of KEC International closed 6.83% higher at ₹567.60 apiece on the National Stock Exchange (NSE) on April 8. The company announced the order wins after the market closed, as the tensions in West Asia eased, with US President Donald Trump announcing a temporary two-week ceasefire between the United and Iran.

The Middle East is a key market that accounts for a large share of KEC International's order book. During the conflict, the company, along with L&T, faced logistics issues, supply chain disruptions, and delays. A ceasefire would ease these bottlenecks, helping projects move faster and improving revenue visibility.

The stock has jumped 11% in the past week and 11.5% over the month. However, on a year-to-date basis, it has fallen more than 21%.

KEC International has a total market capitalisation of ₹15,559.39 crore, as of April 9, 2026, according to data on the NSE.


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