On the NSE, KEC shares rose as much as 7.89% during the day to Rs 829 apiece, the highest since April 4. The share price has gained 43.95% in the last 12 months and 37.51% on a year-to-date basis. The total traded volume so far in the day stood at 6.5 times its 30-day average. Eleven out of the 23 analysts tracking the company have a 'buy' rating on the stock, with the average of 12-month analyst price targets implying a potential upside of 51.4%.
Key takeaways:
- Shares of KEC International Ltd. surged nearly 8% on Monday after bagging multiple orders worth Rs 1,061 crore in various segments.
- In the transmission and distribution category, KEC has secured orders in India, East Asia-Pacific, and the US.
- On the NSE, shares of KEC rose as much as 7.89% during the day to Rs 829 apiece, the highest since April 4.
- The share price has gained 43.95% in the last 12 months and 37.51% on a year-to-date basis.