KEC International shares rally over 4% as firm secures new orders; all you need to know

The firm secured a new order of ₹1,064 crore for the design, supply and installation of a 380 kV transmission line in Saudi Arabia on Tuesday.

Further, the global infrastructure EPC major on Monday secured new orders of ₹1,174 crore for transmission and distribution projects in India and the Middle East.

The company will develop ±800 kV HVDC and 765 kV transmission lines for a reputed private developer in India. Additionally, it will execute 380 kV transmission lines in Saudi Arabia.

KEC International, a flagship firm of the RPG Group, is a global infrastructure Engineering, Procurement and Construction (EPC) major with a presence in over 110 countries. It has a presence in the verticals of power transmission and distribution, civil, transportation, renewables, oil & gas pipelines and cables & conductors.

Commenting on the development, Vimal Kejriwal, MD & CEO, KEC International, said, “The prestigious HVDC transmission line order has significantly increased the share of orders from private developers in our India T&D order intake for the year. The large order in Saudi Arabia has further solidified our leadership in the Middle East T&D market.”

With these new orders, the company’s total order intake since the beginning of the year has reached approximately ₹15,000 crore.

“These orders will play a pivotal role in driving our targeted growth going forward,” Kejriwal added.

At 11:30 AM, shares of KEC International were trading at ₹864.35 apiece, rising 0.72%.

However, over a month’s time, the stock has lost nearly 2%, while in six months, it has zoomed over 21%.

Since the beginning of the year, the stock has tumbled more than 28%. Its market capitalisation stands at ₹23,011.66 crore.

KEC International posted a 42% rise in consolidated net profit to ₹124.60 crore in the June quarter (Q1 FY26), driven by higher revenues.

The EPC player in the infrastructure sector had clocked a net profit of ₹87.58 crore in the April-June period of the preceding 2024-25 financial year.

The company increased its income to ₹5,028.27 crore in the first quarter from ₹4,555.02 crore logged in the year-ago period. Expenses stood at ₹4,869.76 crore against ₹4,442.98 crore registered in the corresponding quarter a year ago.