KEC International, the flagship infrastructure engineering firm under the RPG Group, experienced a significant market rally during Tuesday's trading session. The company’s stock price climbed by 7% following the announcement of a major new order intake.
The newly secured contracts, totaling Rs 1,754 crore, are spread across several key divisions. These wins primarily strengthen the company's footprint in the Transmission & Distribution (T&D) sector as well as its Cables & Conductors business.
Management confirmed that the order book has been bolstered by significant activity in international markets, which continues to provide a stable pipeline for the firm. These diverse project wins are expected to enhance operational visibility for the coming quarters.
Investors reacted positively to the news, viewing the robust order inflows as a testament to KEC’s expanding capabilities. The company remains focused on scaling its engineering operations globally amidst a favorable infrastructure spending climate.
