Archive · 9 Oct 2026
KEC Wins ₹1,030 Crore Orders as Shares Rebound
KEC International won new work worth ₹1,030 crore.
The work includes power-line projects, a large wind-energy project, and orders for cables and equipment.
The projects are in India and several overseas markets.
KEC said its orders received so far this year were worth more than ₹8,600 crore.
Its shares rose after the company announced the orders, although reports gave different figures for the gain.
The shares had fallen sharply during 2026, according to both reports.
Analyst Aditya Thukral said ₹400 could be a difficult price level for the shares to pass.
He said there was no clear sign yet that the share-price decline had turned around.
KEC International announced new orders worth ₹1,030 crore across transmission and distribution, renewables, and cables and conductors.
The T&D orders include transmission-line projects in Bhutan and Saudi Arabia, plus equipment supply orders in the Americas.
KEC also won a wind project exceeding 300 MW in southern India and cable-related orders in India and overseas markets.
The company said its year-to-date order intake had exceeded ₹8,600 crore; the announcement was made on October 8, 2026.
Share reports differ: one cited a rise of as much as 4.8% to ₹366.50, while another reported an intraday gain of 1.17%; analyst Aditya Thukral identified ₹400 as resistance.
- Who
- KEC International; the company’s CEO and managing director, Vimal Kejriwal, commented on the orders, and analyst Aditya Thukral discussed the stock.
- What
- KEC announced ₹1,030 crore in new orders across three business segments.
- When
- The order wins were announced on October 8, 2026; reports described share trading on Friday, October 9.
- Where
- The projects and supply orders cover Bhutan, Saudi Arabia, the Americas, southern India, and other domestic and overseas markets.
- Why
- The orders add to KEC’s order book and bring its year-to-date order intake to more than ₹8,600 crore.
Technical caution
Order-win optimism
Implications of the order announcement
Technical caution
Thukral said the stock remained in a downtrend, traded below major EMAs, and showed no signs of reversal; he identified ₹400 as a resistance zone.
Order-win optimism
KEC announced ₹1,030 crore in new orders, including a major wind project, and said its year-to-date order intake exceeded ₹8,600 crore.
Approach to a fresh investment
Technical caution
Thukral advised waiting for a reversal before entering a fresh long position and suggested exiting near ₹400 on a bounce.
Order-win optimism
The article says experts suggest initiating fresh long positions if the stock sustainably crosses ₹400.
- New orders
- ₹1,030 crore across T&D, renewables, and cables and conductors
- Year-to-date order intake
- More than ₹8,600 crore, according to KEC
- Transmission projects
- 400 kV transmission line in Bhutan and additional 380 kV line order in Saudi Arabia
- Renewables order
- Wind project of more than 300 MW in southern India
- Share-price reports
- One report cited a gain of as much as 4.8% to ₹366.50; another reported an intraday gain of 1.17%
- 2026 share performance
- One report said the stock was down 51%; another said it had declined 52.06%
- Analyst's resistance level
- ₹400, identified by Aditya Thukral
