KEC International Secures Multiple Orders, Shares Surge 8%

14 Jun 2024 CW Team

KEC International Ltd, a major player in the Engineering, Procurement, and Construction (EPC) sector, saw its shares jump by 8% following the announcement of securing multiple new orders. The company has garnered significant contracts across various business segments, reinforcing its market position and future growth prospects.

The new orders span across sectors including transmission and distribution, railways, and civil projects. These contracts, obtained both domestically and internationally, highlight KEC International?s robust capability in delivering diverse infrastructure solutions and its strategic expansion in key markets.

The transmission and distribution segment has received substantial orders, underscoring the company?s leadership in the power sector. Additionally, the railways segment has secured significant contracts for infrastructure development, contributing to the nation?s transportation modernization efforts. The civil business segment also bagged orders for various construction projects, further diversifying the company?s portfolio.

KEC International?s strong order book reflects its successful bidding strategy and operational excellence. The company?s ability to win high-value projects demonstrates its competitive edge and reinforces investor confidence in its growth trajectory.

The surge in share price following the order announcements signals positive market sentiment and anticipates enhanced financial performance. Investors are optimistic about KEC International?s future, expecting these new contracts to contribute significantly to revenue and profitability.

This series of order wins marks a pivotal achievement for KEC International, aligning with its strategic objectives of expanding its footprint and reinforcing its position as a leading EPC company. The company remains committed to executing these projects with high standards of quality and efficiency, driving sustainable growth and value creation for its stakeholders.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..