KEC International

PL Capital reckons India's West Asia-exposed companies may face near-term headwinds such as execution disruptions, logistics challenges, slower tender finalisations adn deferment of new orders

Delhi High Court has kept Powergrid's nine-month tender ban on KEC International in abeyance and allowed it to bid for ongoing projects, pending a fresh order by PGCIL

The Delhi High Court also allowed KEC International to keep on participating bidding process for future tenders from Power Grid Corp

RVNL, Jupiter Wagons, KEC International, JSW Infra, GE Vernova, HBL Engineering, KSB, Lloyd Metals and Sagility are seen trading above the Supertrend indicator in Monday's intra-day trade, show charts

KEC International on Wednesday said the company sees "no bearing" on the execution of existing contracts from Powergrid, after being excluded from participating in future tenders by the state-owned transmission player. The company has issued a clarification after receiving a communication from Power Grid Corporation of India Ltd (PGCIL) that it has been excluded for a period of nine months related to an earlier issue. In a statement to exchanges, KEC International said it "does not foresee any material impact on its ongoing operations or financial position". The company said it is examining various options available, including legal recourse/approaching PGCIL for reconsideration of the matter. In a filing to exchanges on Tuesday, KEC International informed "receiving a letter from PGCIL informing that the company has been excluded from participating in tenders of PGCIL and award of contracts by it for a period of 9 months... for alleged transgression of contractual provisions, in .

KEC International said the Company does not envisage any major impact on its operations and financial position, considering the strong order book and tender pipeline.

The upward movement in KEC International share price came after the company announced that it has bagged new orders worth ₹1,174 crore

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At 11:01 AM, KEC International share price continued to trade 5.95 per cent higher at ₹917.50 per share. In comparison, BSE Sensex was trading 0.33 per cent lower at 81,888.99 levels.

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The orders include 400 kilovolts (kV) transmission lines in the United Arab Emirates (UAE) and the supply of towers, hardware, and poles in the Americas, the company said

Motilal Oswal analysts see sustained demand visibility for transmission EPC companies such as KPIL and KEC, aided by large-scale projects, international opportunities & improving margin prospects.

KEC International shares gained 7.6 per cent, logging an intra-day high at ₹837.6 per share on BSE; check all details

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KEC International wins fresh orders worth ₹1,402 crore across transmission, civil and cables segments, taking YTD intake beyond ₹8,400 crore and strengthening its growth momentum

KEC International shares rose after its first-quarter profit rose by over 42 per cent, along with order wins worth ₹1,509 crore

KEC International share price rose after the company announced that it has secured new orders of ₹1,236 crore for Civil projects in India.

The orders span transmission lines in Saudi Arabia, cable supply in multiple markets, and a second oil & gas terminal contract in Africa, taking total YTD order inflow past ₹4,200 crore

RPG Group firm and a global infrastructure major KEC International has secured orders worth Rs 2,211 crore across various businesses. According to a company statement, the Transmission & Distribution (T&D) business has secured orders in the Middle East and Americas. This entails design, supply and installation of 380 kV Overhead Transmission Lines in the Kingdom of Saudi Arabia (KSA) as well as supply of towers, hardware and poles in the Americas. The Oil & Gas Pipelines business has secured its second international order for terminal station works in Africa in addition to its ongoing pipeline laying project in the region. The Cables business has secured orders for supply of various types of cables in India and overseas. "The large order wins in Saudi Arabia have further strengthened our international T&D order book. These wins reaffirm the Middle East and North Africa (MENA) region's strategic importance as a key growth driver for us. "Our subsidiary, SAE Towers has ..

KEC reported a consolidated revenue of ₹6,870 crore in Q4FY25, up 11.5 per cent year-on-year (Y-o-Y), but marginally below Street estimates.