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KEC International Shares Gain Over 5% After Securing New T&D Orders Worth ₹1,133 Crore

Written by: Neha DubeyUpdated on: May 19, 2025, 11:24 AM IST
KEC International shares rise over 5% after winning ₹1,133 crore in new T&D orders from PGCIL and a private developer, boosting investor sentiment.
KEC International Shares Gain Over 5% After Securing New T&D Orders Worth ₹1,133 Crore
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KEC International share price touched an intraday high of ₹844, marking a sharp rise of ₹22.10 or 2.76% from its previous close of ₹800.60. It opened the session at ₹815 and recorded a low of ₹808 during the day. The volume-weighted average price (VWAP) stood at ₹827.66, indicating strong trading momentum.

Details of the Order Wins

In a regulatory filing, KEC International stated that it had bagged multiple prestigious T&D projects in India, including:

  • A ±800 kV HVDC transmission line and a 765 kV GIS substation from Power Grid Corporation of India Limited (PGCIL).
  • A 400 kV Quad transmission line project from a leading private sector developer.

These projects are expected to further strengthen KEC’s position in the domestic T&D space, particularly in high-voltage infrastructure and substation segments.

Management Commentary

Commenting on the development, Mr. Vimal Kejriwal, MD & CEO of KEC International, said:

“We maintain a strong and optimistic outlook on the sector’s growth, driven by the country’s accelerating energy demands and the government’s firm commitment to expanding renewable energy and strengthening transmission infrastructure.”

Market Reaction

Following the announcement, KEC International’s stock surged more than 5% on the NSE, as investors responded positively to the strong inflow of domestic orders. The development also comes amid a broader positive sentiment in infrastructure-related sectors, especially those linked to energy and renewable integration.

Company Overview

KEC International Ltd., a flagship company of the RPG Group, is a global infrastructure Engineering, Procurement, and Construction (EPC) major with operations in over 110 countries. The company operates across several key verticals, including:

  • Power Transmission & Distribution
  • Civil Infrastructure
  • Railways & Transportation
  • Renewable Energy
  • Oil & Gas Pipelines
  • Cables

RPG Group Snapshot

Founded in 1979, RPG Enterprises is among India’s leading business conglomerates with interests in infrastructure, tyres, pharmaceuticals, IT, and specialty sectors. The group reports a turnover of approximately $4.8 billion, reflecting its strong presence across various industries.

Read More: Cochin Shipyard, Mazagon Dock, and Paras Defence in Focus on May 19 Amid Defence Stocks’ Rally

Conclusion

The recent order wins add momentum to KEC International’s already robust portfolio and underscore the company’s competitive edge in the Indian power infrastructure sector. With growing domestic energy demands and consistent government focus on renewable integration and grid strengthening, the T&D sector continues to offer opportunities for EPC players like KEC.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: May 19, 2025, 11:24 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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