12 Mar , 2026 By : Debdeep Gupta
KEC International share price declined 2 percent in the opening trade on March 12 despite the company won T&D orders of Rs 1,476 crore.
At 09:17am, KEC International was quoting at Rs 536.40, down Rs 11.40, or 2.08 percent, on the BSE.
".... has secured new orders of Rs 1,476 crore for transmission & distribution projects in India, the Middle East, Africa and the Americas," company said in its release.
The orders included 380 kV Transmission lines, substations and EHV Cabling (Composite order) in Saudi Arabia, 132 kV transmission lines in Africa, supply of towers in India and the Americas and supply of hardware and poles in the Americas, it added.
“We are pleased with the new order wins in our T&D business across multiple geographies. The award of our largest composite order in Saudi Arabia despite the current geopolitical situation is a positive indicator of continuing investments in the Middle East T&D market," said Vimal Kejriwal, MD & CEO, KEC International.
"The order in Africa reflects a gradual recovery in the T&D market in that region. These wins have significantly strengthened our international T&D order book. With these orders, our year-to-date order intake now stands at ~Rs. 22,800 crore,” he added.
In the month of February, the company secured new orders of Rs 1,002 crores in Transmission & Distribution (T&D) and Cables & Conductors segment.
The share touched a 52-week high of Rs 947.30 and a 52-week low of Rs 517.90 on 26 June, 2025 and 02 March, 2026, respectively. Currently, the stock is trading 42.17 percent below its 52-week high and 5.77 percent above its 52-week low. The market capitalisation of the company stands at Rs 14,582.44 crore.
The share price plunged 36 percent in the last 6 months.
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