KEC International shares surged 7% to ₹550 following the announcement of significant new orders worth ₹1,754 crore across its transmission and distribution (T&D) and cables & conductors businesses. According to latest market data, the stock climbed as much as 6.9% to ₹527.60 on Tuesday, with shares trading 2.86% higher at ₹530.45 as of 9:48 AM. The stock had hit its 52-week high of ₹947 per share on June 26, 2025, while its 52-week low of ₹466 was recorded on May 19, 2026. The scrip has declined 2.39% in the past week but gained 5.93% in a month, while year-to-date it has slipped 28.31%. The strong performance reflects investor confidence in the company's robust order book and strategic positioning in key markets.
KEC International has secured significant new orders worth ₹1,754 crore across its transmission and distribution (T&D) and cables & conductors businesses, taking its year-to-date order intake above ₹4,000 crore. According to reports from The Economic Times, in the transmission and distribution segment, the company received substantial orders for the supply of high-voltage transmission line towers in the Americas, including repeat orders from customers and the largest-ever tower supply order from the United States. In the cables and conductors business, KEC secured multiple orders across India and international markets. As per MD and CEO Vimal Kejriwal, these wins reflect the growing momentum in the American T&D market and reinforce the company's strategic focus on strengthening its tower sales business globally. "We are delighted with the new order wins, especially in the tower supply business," Kejriwal said, highlighting the repeat orders from customers in the Americas and the largest-ever tower supply order from USA. With these wins, KEC's year-to-date order intake has crossed ₹4,000 crore, providing strong revenue visibility for the coming quarters.
KEC International has received significant relief after Power Grid Corporation of India (PGCIL) revoked its exclusion order, allowing the company to immediately participate in PGCIL tenders and contracts as a bidder or sub-contractor. According to reports from CNBC TV18, the order, which came into effect on November 18, 2025, had barred the company from participating in Power Grid tenders for nine months. In an exchange filing, KEC said PGCIL revoked the restriction after considering the company's representations and the corrective actions undertaken since the order was imposed. The development comes at a crucial time for KEC, given the scale of opportunities emerging in India's transmission and distribution sector. Since the exclusion order was announced on November 19, 2025, KEC's stock has declined 33%, reflecting investor concerns about the impact of the restriction. As per latest reports, KEC shares ended at ₹514.45, down by ₹13.60 or 2.58% on the BSE following the order announcement.
KEC International witnessed extraordinary trading activity with volumes jumping 5.7 times to 74 lakh shares compared with an average volume of 12.88 lakh shares. On the BSE, 4.46 lakh shares changed hands compared with an average of 2.59 lakh shares traded daily in the past two weeks. Trading volume in the stock jumped 4.4 times to 14 lakh shares compared with an average volume of 3.21 lakh shares, while on the BSE, 89,000 shares were traded as against an average of 8,252 shares traded daily in the past two weeks. The stock's exceptional performance was accompanied by massive trading volumes, with trading volume jumping 3.6 times to 33 crore shares compared with an average volume of 9.11 crore shares. This surge in trading activity reflects heightened investor interest following the announcement of the substantial new orders and the revocation of the Power Grid exclusion order.
The reinstatement strengthens KEC's growth visibility significantly. As reported by Business Standard, Managing Director and CEO Vimal Kejriwal said the company expects 10-15% revenue growth in FY27, supported by a robust order book of around ₹37,000 crore and a strong tender pipeline across transmission and distribution, civil infrastructure and renewables. The company reported a 28.11% fall in consolidated net profit to ₹192.79 crore for the quarter ended March 31, 2026, compared with ₹268.19 crore posted in the corresponding quarter last year. Revenue from operations decreased 7.01% YoY to ₹6,389.75 crore in the quarter ended March 31, 2026. Kejriwal had also highlighted a ₹25,000-30,000 crore active opportunity pipeline in West Asia despite geopolitical uncertainties. The lifting of the exclusion order is therefore likely to be viewed as a positive development for KEC's order prospects going forward.
