K E C International Ltd lost 1.81% today to trade at Rs 872.6. The BSE India Infrastructure Index index is down 0.3% to quote at 569.98. The index is down 5.95 % over last one month. Among the other constituents of the index, JSW Energy Ltd decreased 1.07% and Larsen & Toubro Ltd lost 1.02% on the day. The BSE India Infrastructure Index index went up 8.25 % over last one year compared to the 7.53% surge in benchmark SENSEX. K E C International Ltd has lost 26.1% over last one month compared to 5.95% fall in BSE India Infrastructure Index index and 2.62% drop in the SENSEX. On the BSE, 796 shares were traded in the counter so far compared with average daily volumes of 35620 shares in the past one month. The stock hit a record high of Rs 1312 on 04 Dec 2024. The stock hit a 52-week low of Rs 607.25 on 24 Jan 2024.Powered by Capital Market - Live

Aegis Logistics Ltd, Mangalore Refinery And Petrochemicals Ltd, Sundram Fasteners Ltd, Schneider Electric Infrastructure Ltd are among the other stocks to see a surge in volumes on BSE today, 08 January 2025.K E C International Ltd clocked volume of 1.07 lakh shares by 10:46 IST on BSE, a 4.13 times surge over two-week average daily volume of 25979 shares. The stock lost 5.11% to Rs.1,070.00. Volumes stood at 49354 shares in the last session.Aegis Logistics Ltd clocked volume of 5.2 lakh shares by 10:46 IST on BSE, a 3.12 times surge over two-week average daily volume of 1.67 lakh shares. The stock gained 2.31% to Rs.992.65. Volumes stood at 6.34 lakh shares in the last session.Mangalore Refinery And Petrochemicals Ltd witnessed volume of 3 lakh shares by 10:46 IST on BSE, a 2.35 times surge over two-week average daily volume of 1.28 lakh shares. The stock increased 3.49% to Rs.149.55. Volumes stood at 1.05 lakh shares in the last session.Sundram Fasteners Ltd saw volume of 5534 shares by 10:46 IST on BSE, a 2.35 fold spurt over two-week average daily volume of 2355 shares. The stock dropped 1.02% to Rs.1,044.70. Volumes stood at 1142 shares in the last session.Schneider Electric Infrastructure Ltd recorded volume of 26026 shares by 10:46 IST on BSE, a 1.95 times surge over two-week average daily volume of 13367 shares. The stock gained 1.15% to Rs.771.50. Volumes stood at 24262 shares in the last session.Powered by Capital Market - Live

The company's transmission & distribution (T&D) business secured an order for a 765 kV transmission line project in India from the Power Grid Corporation of India (PGCIL). The transportation business has acquired a significant order in the prestigious train collision avoidance system (TCAS) segment under 'Kavach' in India. Additionally, the oil & gas pipelines division has also won contracts for the design, supply, and build order for pipelines and associated works from a leading PSU in India. Vimal Kejriwal, MD & CEO, KEC International, commented, 'We are delighted with the multiple orders secured across our business verticals. The 765 kV order from PGCIL for evacuation of green energy has boosted our T&D order book in India. Our transportation business has strengthened its presence in the growing TCAS segment under 'Kavach' to enhance the safety of Indian Railways with world-class technology. The Oil & Gas Pipelines business has widened its footprint by securing its first order in the composite space (including design, supply, and build). With these new orders, our YTD order intake has reached Rs. 20,600 crores, a growth of ~80% vis-'-vis last year.' KEC International is part of the RPG group. The company is a global EPC major in power T&D systems. It has also diversified in railway infrastructure, manufacturing cables (for power, telecom, solar, and railways), civil construction with a focus on construction of industrial plants, warehouses, residential and commercial complexes, smart infrastructure, and renewable sector (solar) projects. KEC International has reported 53% jump in consolidated net profit to Rs 85 crore on a 14% increase in revenues to Rs 5,113 crore in Q2 FY25 as compared with Q2 FY24. Shares of KEC International slipped 3.00% to Rs 1,093.75 on the BSE. Powered by Capital Market - Live

K E C International has secured new order of Rs 1,136 crore across its various businesses. Transmission & Distribution (T&D): The business has secured an order for a 765 kV Transmission line project in India, from Power Grid Corporation of India (PGCIL). Transportation: The business has secured a significant order in the prestigious Train Collision Avoidance System (TCAS) segment under 'Kavach' in India. Oil & Gas Pipelines: The business has secured a design, supply and build order for pipeline and associated works from a leading PSU in India.Powered by Capital Market - Live

The orders entail setting up of 400 kV transmission lines in UAE and supply of towers, hardware and poles across the United States, Mexico and Brazil. Vimal Kejriwal, MD & CEO, KEC International commented, 'We are delighted with the continuous success in our T&D business, demonstrated by the series of significant order wins. The consistent flow of orders from the Middle East and the Americas has strengthened our international T&D order book significantly in addition to our strong India T&D order book. Notably, 72% of the order intake this year is from our T&D business. With these orders, our YTD order intake now stands at over Rs.19,500 crores, reflecting a remarkable growth of ~70% vis-'-vis last year, reaffirming our confidence in achieving our future growth plans.' KEC International is part of the RPG group. The company is a global EPC major in power T&D systems. It has also diversified in railway infrastructure, manufacturing cables (for power, telecom, solar and railways), civil construction with a focus on construction of industrial plants, warehouses, residential and commercial complexes, smart infrastructure, and renewable sector (solar) projects. KEC International has reported 53% jump in consolidated net profit to Rs 85 crore on a 14% increase in revenues to Rs 5,113 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live

K E C International has secured new orders of Rs. 1,097 crore in its Transmission and Distribution (T&D) business: ' UAE: Project for setting up of 400 kV Transmission lines ' Americas: Supply of towers, hardware and poles across the United States, Mexico and BrazilPowered by Capital Market - Live

K E C International has completed the transfer of its cables business to KEC Asian Cables with effect from 01 January 2025. Powered by Capital Market - Live

K E C International has secured new orders of Rs. 1,073 crore across its various businesses: Transmission & Distribution (T&D): The business has secured orders for T&D projects in Middle East and SAARC region. Civil: The business has secured orders in the industrial segment in India. Transportation: The business has secured an order in JV for Design, Supply, & Construction of a passenger ropeway in the North-East. Cables: The business has secured orders for supply of various types of cables in India and overseas.Powered by Capital Market - Live

The key equity indices ended with significant losses on Monday. The Nifty closed below the 23,650 after hitting the day's high of 23,915.35 in the early afternoon trade. Media, realty and auto shares declined while healthcare, pharma and IT shares advanced. As per provisional closing data, the S&P BSE Sensex declined 450.94 points or 0.57% to 78,248.13. The Nifty 50 index fell 168.50 points or 0.71% to 23,644.90. In the broader market, the S&P BSE Mid-Cap index added 0.13% and the S&P BSE Small-Cap index lost 0.47%. The market breadth was weak. On the BSE, 1,489 shares rose and 2,633 shares fell. A total of 145 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 5.50% to 13.97. Economy The country's forex reserves dropped by a further $8.478 billion to $644.391 billion for the week ended December 20, the RBI said on Friday. In the previous reporting week, the reserves had dropped by $1.988 billion to a six-month low of $652.869 billion. Foreign currency assets decreased by $6.014 billion to $556.562 billion, the data released on Friday showed. Gold reserves decreased by $2.33 billion to $65.726 billion during the week. The Special Drawing Rights (SDRs) were down by $112 million to $17.885 billion, the apex bank said. India's reserve position with the IMF was also down by $23 million to $4.217 billion in the reporting week, the central bank data showed. Buzzing Index: The Nifty Media index declined 1.87% to 1,819.05. The index rose 0.38% in the past trading session. Network 18 Media & Investments (down 3.95%), PVR Inox (down 2.23%), Zee Entertainment Enterprises (down 2.17%), Hathway Cable & Datacom (down 2.12%), Tips Music (down 2.11%), Den Networks (down 1.91%), Dish TV India (down 1.57%), Saregama India (down 1.25%), Nazara Technologies (down 1.21%) and Sun TV Network (down 0.49%) declined. Stocks in Spotlight: Reliance Industries shed 0.82%. The company announced that its wholly-owned subsidiary, Reliance Strategic Business Ventures (RSBVL), has completed the acquisition of Karkinos Healthcare. KEC International rallied 3.61% after the company announced that it has secured new orders of Rs 1,073 crore across its various businesses. Vodafone Idea Limited (VIL) surged 4.02% following the government's decision to waive off bank guarantees for spectrum acquired in past auctions. Ola Electric Mobility dropped 5.55% following the resignations of chief marketing officer Anshul Khandelwal and chief technology and product officer Suvonil Chatterjee, effective December 27th. Vakrangee jumped 4.43% after the company announced a strategic corporate agency tie-up with Shriram Life Insurance to offer life insurance products across its network. Servotech Power Systems jumped 4.50% after the company announced that it has secured 1100 grid-connected agriculture pumps from UPNEDA under the KUSUM component C-1 scheme. IOL Chemicals & Pharmaceuticals advanced 1.60% after the company's board approved the sub-division / split of each equity share into five equity shares. JSW Energy rallied 3.09% after its wholly-owned subsidiary, JSW Neo Energy (JSWNEL) acquired a 4,696 MW renewable energy platform from O2 Power Midco Holdings and O2 Energy SG for Rs 12,468 crore. MBL Infrastructure hit an upper circuit of 5% after the company received a defect liability period completion certificate from PWD Haryana for the construction of various buildings in Rajiv Gandhi Education City, Sonipat. Tiger Logistics (India) added 2.20% after the company announced that it has been empaneled by Hindustan Petroleum Corporation (HPCL) for providing logistic services. Hero Motocorp fell 1.21%. The company announced that it has extended its partnership with Harley-Davidson Motor Company, Inc. to co-develop and manufacture a new motorcycle as well as expand the existing co-developed model into new variants. Global Markets: European stocks slipped on Monday as markets prepared to wind down for the New Year holiday. Asian stocks ended mixed as traders await China's manufacturing PMI on Tuesday. South Korea's industrial output contracted 0.7% on a monthly basis in November as compared to October's reading of a 6.3% increase. Japan's factory activity contracted at a slower rate in December. The au Jibun Bank Japan Manufacturing Purchasing Managers' Index climbed to 49.6 in December, coming in slightly above November's reading of 49.0 and marking the softest contraction in three months. US stocks closed lower on Friday as investors booked profits across sectors, with technology stocks leading the selloff. This decline was attributed to a rise in Treasury yields, which increases borrowing costs for companies, potentially impacting spending on innovation and expansion and squeezing profit margins. The Dow Jones Industrial Average declined 0.77%, the S&P 500 dropped 1.11%, and the Nasdaq Composite ended 1.49% lower. Apple Inc., which had reached a record high the previous day after an upgrade from Wedbush, fell 1.3%. Tesla Inc. stock declined 5%, while NVIDIA Corporation, a market darling, edged 2.2% lower. Alphabet Inc. also fell over 1%, contributing to a broader tech selloff. Powered by Capital Market - Live

The company's Transmission & Distribution (T&D) division has received orders for T&D projects in the Middle East and SAARC region. Additionally, KEC's civil business has secured new orders within the industrial segment in India. In its transportation segment, the company has received an order in a joint venture for the design, supply, and construction of a passenger ropeway in the Northeast. Furthermore, KEC's cables business has been awarded orders for the supply of various types of cables both in India and abroad. Vimal Kejriwal, MD & CEO, KEC International commented, 'We are pleased with the various orders secured across our business verticals. We are particularly enthused by our maiden order in the growing segment of ropeways. With the recent wins in the Middle East and SAARC, we have bolstered our International T&D order book in addition to our already robust India T&D order book, further solidifying our overall T&D business. With these orders, our YTD order intake now stands at over Rs 18,400 crore, reflecting a remarkable growth of around 60% vis-a-vis last year. The uptick in order intake has resulted in our order book + L1 being over Rs 40,000 crore. With this formidable order book and a promising pipeline of tenders, we have a clear visibility of growth in the coming quarters.' Meanwhile, the company has executed the business transfer agreement with its subsidiary, KEC Asian Cables (KACL), to transfer its Cables business, on a going concern basis, via slump sale. The company stated that the subsidiarisation of the cables business will help improve focus on its core activities, go-to-market approach and capital allocation. In consideration for the slump sale, KACL shall pay to the company the sum of Rs 125 crore. The transaction is a related party transaction with a subsidiary company of the company and is being done at arm's length, it added. KEC International is part of the RPG group. The company is a global EPC major in power T&D systems. It has also diversified in railway infrastructure, manufacturing cables (for power, telecom, solar and railways), civil construction with a focus on construction of industrial plants, warehouses, residential and commercial complexes, smart infrastructure, and renewable sector (solar) projects. KEC International has reported 53% jump in consolidated net profit to Rs 85 crore on a 14% increase in revenues to Rs 5,113 crore in Q2 FY25 as compared with Q2 FY24. Powered by Capital Market - Live