KEC International shares rise nearly 7% on bagging orders worth ₹1,754 crore

The stock climbed as much as 6.90% to ₹551 per share on the National Stock Exchange (NSE). At 9:48 am, it was up 2.86% to ₹530.45 apiece.

The stock had hit its 52-week high of ₹947 per share on June 26, 2025, while its 52-week low of ₹466 apiece was recorded on May 19, 2026.

The scrip has declined 2.39% in the past week, while it has gained 5.93% in a month. Year-to-date, it has slipped 28.31%.

The company said that its transmission & distribution (T&D) vertical has received significant orders for the supply of high-voltage transmission line towers in the Americas. The firm's cables & conductors business has received various orders across India and international markets, according to an exchange filing.

Vimal Kejriwal, MD and CEO of KEC International Ltd, said, "We are delighted with the new order wins, especially in the tower supply business. The repeat orders from customers in the Americas, including the largest-ever tower supply order from the USA, reflect the growing momentum in the American T&D market."

"These wins reinforce our strategic focus on strengthening our tower sales business globally. With these orders, our YTD order intake stands at over ₹4,000 crore," he added.

Last week, in a significant relief for KEC International, Power Grid Corporation of India Ltd, or PGCIL, revoked its exclusion order, allowing the firm to take part in PGCIL's contracts and tenders as a bidder or sub-contractor.

"After considering the representations made and various actions taken by the Company, the PGCIL has, vide its letter dated June 26, 2026, revoked the aforesaid exclusion order with effect from 26th June, 2026. Consequently, the Company is now permitted, with immediate effect, to participate as a bidder/sub-contractor in PGCIL tenders and contracts," the RPG Group's flagship company said.