KEC International shares gained 2% on November 26, reaching ₹1,064, as the company announced new orders worth ₹1,114 crore across key business segments. These developments reflect its robust growth and strong market presence, making it a notable option for those looking to invest in stocks.
The secured orders span multiple divisions, showcasing KEC’s versatility. The transmission and distribution (T&D) segment secured a significant 400 kV transmission line project in Oman and additional supply contracts for towers, poles, and hardware in the Americas. In the civil segment, KEC bagged industrial projects within India. The railways division won a Metro Overhead Electrification (OHE) project domestically, while the cable business received contracts for supplying various cable types to clients in both domestic and international markets.
KEC’s growing footprint in the Middle East is evident with the Oman project, complementing earlier wins in Saudi Arabia and the UAE. These achievements bolster the company’s leadership position in the region and enhance its reputation globally. For investors exploring opportunities to invest in stocks, such consistent international successes highlight KEC’s potential for long-term growth.
KEC’s year-to-date order intake now stands at ₹14,600 crore, marking a 50% increase compared to the previous year. In Q2 FY25, the company exhibited strong top-line growth, effectively addressing challenges like labour shortages and weather disruptions. The T&D segment remains a major contributor, driven by increased government infrastructure spending. The management has maintained its EBITDA margin target of 7.5% for FY25, with the second half expected to achieve margins of around 9%.
With its diverse order book and growing international presence, KEC International is well-positioned for sustained growth. The recent orders underscore its operational efficiency and adaptability across sectors, making it a promising choice for those aiming to invest in stocks. Investors seeking stable yet dynamic growth in the infrastructure and engineering space may find KEC’s performance and future prospects encouraging.
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