KEC International’s shares leapt 4.62% to ₹365.75 after the company unveiled ₹1,014 crore in new transmission and distribution contracts, marking a 4.62% jump from the previous close of ₹349.60.
The orders include a pioneering 765 kV line to evacuate power from a pumped storage plant in Western India, a first for KEC in that voltage class, and several additional 400‑kV projects across the country.
With the new intake, KEC’s year‑to‑date order book now sits at ₹9,600 crore, eclipsing the ₹8,600 crore target set for the fiscal 2027 period and underscoring a healthy backlog.
In a sector where India’s power transmission market grew 3.5% CAGR last year, KEC’s order mix aligns closely with the surge in renewable capacity additions, positioning the firm to capture a share of the 2027‑2029 renewable rollout.
CEO Vimal Kejriwal said the company is "delighted" to secure the high‑profile order and expects the pipeline to remain robust, a sentiment that may buoy the stock as the FY27 earnings loom in July.