KEC International Shares Soar 7% as Delhi HC Lifts PGCIL Bid Ban

• KEC International shares surged over 7% after the Delhi High Court allowed participation in ongoing bids.
• The High Court stayed PGCIL's November 10, 2025 order that banned KEC from tenders for nine months.
• KEC can now bid for projects, including PGCIL's, until a fresh/supplementary order is issued.
• The company reported a YTD FY26 order intake of Rs 17,066 crore, up 17% year-on-year.
• PGCIL's share in KEC's current order intake is 4%, significantly down from 27% last year.

Why It Matters: Delhi HC ruling boosts KEC International shares, allowing it to resume bidding for PGCIL projects.