KEC International: Stock down 21%, bags record T&D order; 2 brokerages advise buy.

Share market
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CNBC Awaaz•13-12-2025, 16:35
KEC International: Stock down 21%, bags record T&D order; 2 brokerages advise buy.
- •KEC International's stock fell 21% in three months but received a significant new order.
- •The company secured new orders totaling 1,150 crore rupees in India's T&D and civil businesses.
- •This includes its largest-ever T&D order in India, involving a 765 kV transmission line and substation.
- •The stock previously declined after Power Grid banned the company from new tenders for 9 months.
- •Two brokerages, Prabhudas Lilladher and Motilal Oswal, have given 'buy' recommendations for the stock.
Why It Matters: KEC International's record order could boost its stock after a significant dip.
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