KEC

** Construction and Engineering firm KEC International's KECL.NS shares jump 7%, on course for biggest daily percentage gains in more than three months

** Co secures orders worth 12.7 billion rupees ($145.8 million) in cables, and transmission & distribution segments

** More than 4 million shares change hands, 4x the six-month average volume

** Co receives transmission line orders from Power Grid Corp of India PGRD.NS, and a deal for supply of towers, hardware and poles in the Americas

** Co has won orders worth $2.7 billion YTD, up 35% from last year, says Vimal Kejriwal, MD and CEO

** KECL trims YTD losses to 40%

(Reporting by Vivek Kumar M)

(([email protected];))

** Shares of KEC International KECL.NS climb 2.5% to 715.8 rupees

** Engineering and construction firm received an income tax refund of 1.77 bln rupees ($20 mln)

** The refund strengthens KECL's liquidity position and enhances financial leverage, co said in a statement

** Stock rated "buy" on avg, median PT is 930 rupees - data compiled by LSEG

** KECL down ~42% YTD

($1 = 87.0425 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Indian railway infra-linked cos Rail Vikas RAIV.NS, Ircon International IRCN.NS, Titagarh Rail TITG.NS, Indian Railway Finance Copr INID.NS, Texmaco Rail TEXA.NS, RailTel RAIT.NS drop 4%-7%

** Road infra-linked cos Larsen & Toubro LART.NS, IRB Infra IRBI.NS, G R Infraprojects GINF.NS, HG Infra HGIN.NS, KEC International KECL.NS also lose 4%-7%

** FY26 capex set at 11.2 trln rupees ($128.58 bln), up 10% Y/Y

** Infra-related capex growth for FY2026 is underwhelming, says J.P.Morgan

** Adds, railways and road capex growth remains flat for the fiscal

** Says, almost the entire growth in FY26 capex driven by investment in items unrelated to infra, including investment in international financial institutions, other economic services

** Infra-linked stocks have been biggest losers in benchmark and sectoral indexes on Saturday and Monday

** Nifty infrastructure index .NIFTYINFR down 3.2% in two sessions vs 0.8% drop in Nifty 50

($1 = 87.1075 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

(([email protected]; +91 9769003463;))

** Indian pipe stocks gain between 1% and 7%

** India extends scheme to enhancing water supply for 4 years till 2028, Finance Minister Nirmala Sitharaman says in union budget

** KEC International's KECL.NS 7% jump the highest, followed by GPT Infra's GPTI.NS 6% climb

** Prince Pipes PRCE.NS up 3.4%, Hi-Tech Pipe HITC.NS rises 1%

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

Jan 8 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - SECURES NEW ORDERS WORTH 11.36 BILLION RUPEES

• KEC INTERNATIONAL LTD - SECURES 765 KV TRANSMISSION LINE PROJECT ORDER FROM PGCIL

• KEC INTERNATIONAL LTD - YTD ORDER INTAKE REACHES 206 BILLION RUPEES, GROWTH OF 80% Y/Y

Source text: [ID:]

Further company coverage: KECL.NS

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Jan 3 (Reuters) - KEC International Ltd KECL.NS:

• SECURED NEW ORDERS WORTH 10.97 BILLION RUPEES

Source text: ID:nBSE5X3Tvb

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Dec 30 (Reuters) - KEC International Ltd KECL.NS:

• APPROVED INVESTMENT IN KEC ASIAN CABLES UP TO 1.19 BILLION RUPEES

• APPROVED INVESTMENT IN KEC POWER INDIA FOR UP TO 62.5 MILLION RUPEES

Source text: ID:nBSEc5CRyb

Further company coverage: KECL.NS

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Dec 2 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL - BANGLADESH TAX TRIBUNAL DISMISSES APPEAL BY CO AGAINST VAT DEMAND

• KEC INTERNATIONAL - CO TO CHALLENGE VAT ORDER IN BANGLADESH HIGH COURT

Source text: ID:nBSE4T7tBY

Further company coverage: KECL.NS

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** Shares of KEC International KECL.NS rise 7% to record high of 1,094.7 rupees in early trade, before trimming gains to 4.9%

** Engineering and construction co gets order worth 17.04 bln rupees ($201.8 mln) from Power Grid Corporation of India PGRD.NS to install 765 kV transmission lines and GIS substations

** Stock has traded above its 200-day SMA since Nov 2023, indicating bullish sentiment

** More than 1.2 mln shares traded, 1.6x 30-day moving avg

** Avg rating of 23 analysts covering the stock is "buy," but median PT of 1,002.5 rupees is ~6.4% lower than current price - LSEG data

** KECL extends YTD gains to ~82%

($1 = 84.4540 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

(([email protected]; +91 8697274436;))

Nov 4 (Reuters) - KEC International Ltd KECL.NS:

• SEPT-QUARTER CONSOL PROFIT 854.1 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 51.13 BILLION RUPEES

Source text: ID:nBSE4CNk7b

Further company coverage: KECL.NS

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Oct 23 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 11.42 BILLION RUPEES

Source text for Eikon: ID:nBSE2xCx8W

Further company coverage: KECL.NS

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** Shares of KEC International KECL.NS rise as much as 3.6% to 975 rupees, last up about 1%

** Engineering and construction co gets orders worth 10.03 billion rupees ($120.2 million) across its railways, civil and cables business

** Avg rating of 22 analysts covering the stock at "hold"; median PT is at 880 rupees - LSEG data

** Stock up ~60% so far this year, on track for sixth straight year of gains

** YTD, rivals ABB India ABB.NS and Kalpataru Projects International KAPT.NS up ~66% and ~90% respectively

($1 = 83.4510 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

Aug 30 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL - GETS TOTAL TAX ORDERS OF 24.1 MILLION RUPEES, INTEREST OF 23.1 MILLION RUPEES

Source text for Eikon: ID:nNSEbF25Nv

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** Shares of KEC International KECL.NS rise as much as 6% at 920.07 rupees

** Engineering and construction co gets orders worth 11.71 bln rupees ($139.6 mln) in the Middle East

** KECL on track to extend its rally to a fifth straight session

** Avg rating of 22 analysts covering the stock is "hold"; median PT is 880 rupees - LSEG data

** Stock up ~56% YTD

($1 = 83.9025 Indian rupees)

(Reporting by Yagnoseni Das in Bengaluru)

(([email protected];))

Aug 28 (Reuters) - KEC International Ltd KECL.NS:

• GETS ORDERS WORTH 11.71 BILLION RUPEES

Source text for Eikon: ID:nBSEMKJPc

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** Shares of JSW Energy JSWE.NS up 2.5%

** Co's unit won 200 megawatt wind-solar hybrid power project from Maharashtra State Electricity Distribution Co

** JSWE also signed agreement to sell power to Bangalore Electricity Supply Co on Monday

** JSWE top gainer among power stocks, up more than 79% YTD

** Rivals Torrent Power TOPO.NS up 77%, KEC International KECL.NS up 46%, Adani Power ADAN.NS up 27%, NTPC NTPC.NS up 33%, Tata Power TTPW.NS up 28% YTD

(Reporting by Sethuraman NR in Bengaluru)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of Ashoka Buildcon ABDL.NS rise 4.5% to 243.2 rupees

** Co won order worth 4.78 bln rupees ($57 mln) from Mumbai Metropolitan Region Development Authority

** Stock fell 0.6% last week, its fourth straight weekly decline

** Peer KEC International KECL.NS is also up on the day on winning orders

** ABDL up ~75% YTD vs 49% rise in KECL

($1 = 83.8210 Indian rupees)

(Reporting by Varun Vyas in Bengaluru)

(([email protected]))

Aug 23 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - GETS ORDER WORTH 10.79 BILLION RUPEES

Source text for Eikon: ID:nBSE4tpx3s

Further company coverage: KECL.NS

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** Shares of Kalpataru Projects International KAPT.NS fall 2% to 1,328 rupees

** Construction and engineering co reported a 19% Y/Y fall in Q1 consolidated net profit as expenses jumped 9.2%

** Analysts covering the stock, on avg, have a "buy" rating vs "hold" on peers KEC International KECL.NS, ABB India ABB.NS and Thermax THMX.NS - LSEG data

** Median PT on KAPT is 1,250 rupees - LSEG data

** Stock up ~13% so far this quarter

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

July 26 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL JUNE-QUARTER CONSOL PROFIT 875.8 MILLION RUPEES

• KEC INTERNATIONAL JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 45.12 BILLION RUPEES

Source text for Eikon: ID:nBSE7g1D7G

Further company coverage: KECL.NS

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** Shares of KEC International KECL.NS rise 4.4% to 926.95 rupees; set for best day in over a month

** KECL among top gainers on the Nifty small-cap 100 index .NIFSMCP100 which is down 0.77%

** Engineering and construction firm gets orders worth 11 bln rupees ($131.6 mln) for transmission and distribution projects

** Trade vol at 1.5 mln shares, above 30-day avg

** Avg rating of 22 brokerages is a "hold" rating; median PT is at 776 rupees - LSEG

** Rival ABB India ABB.NS is also rated "hold" and Kalpataru Projects International KAPT.NS is rated "buy"

** Stock up ~57% YTD vs a 25% rise in small-cap index

($1 = 83.5750 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

July 8 (Reuters) - KEC International Ltd KECL.NS:

• GOT GST ORDER WITH PENALTY OF 1.4 MILLION RUPEES

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** Shares of KEC International KECL.NS rise 6.5% to a record high of 956 rupees

** Engineering, procurement and construction co said on Tuesday it secured orders worth 10.17 bln rupees($121.8 mln), its largest solar orders in India

** Orders are for construction and supply of towers in the Middle East; total order intake so far this year crosses 50 bln rupees

** Twenty analysts covering the stock on avg have a "hold" rating; median PT is 775 rupees - LSEG data

** KECL gained 20% in June; rivals ABB India ABB.NS and Siemens SIEM.NS gained 2% and 11% respectively, whereas Thermax THMX.NS and Kalpataru Projects KAPT.NS shed 1% and 2%, respectively

($1 = 83.5110 Indian rupees)

(Reporting by Ashna Teresa Britto in Bengaluru)

(([email protected] ; ( +91 8078332441))

** Shares of KEC International KECL.NS rise as much as 10% to 950 rupees, hitting a record high; last up 5.3%

** The engineering and construction firm gets orders worth 10.25 billion rupees ($122.8 million) in its transmission and distribution business in India, Africa and America

** KECL on track for second straight session and quarter of gains, if trend holds

** About 1.4 mln shares change hands, 1.5x the 30-day avg

** Stock up 54% YTD, had gained 19% in 2023 for fifth straight year of gains

($1 = 83.5050 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

(([email protected]))

** Shares of KEC International KECL.NS up 3.6% at 768.35 rupees

** KECL rose as much as 7.4% in early trade to 825 rupees

** Engineering and construction firm secures new orders worth 10.61 bln rupees ($127.1 mln)

** "With these orders, our YTD order intake stands at 30 bln rupees," - MD & CEO Vimal Kejriwal

** Average rating of 19 analysts covering stock is "hold"; median PT is 720 rupees - LSEG data

** Including session's gain, stock up 35.4% YTD

($1 = 83.4890 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

June 7 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - GETS ORDER WORTH 10.61 BILLION RUPEES

Source text for Eikon: ID:nBSE9YP0xp

Further company coverage: KECL.NS

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June 5 (Reuters) - KEC International Ltd KECL.NS:

• WINS NEW ORDERS OF 10.02 BILLION RUPEES

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BENGALURU, May 10 - India's Thermax THMX.NS reported a higher fourth-profit on Friday, helped by strong demand for its products.

The industrial machines maker reported a consolidated net profit of 1.88 billion rupees ($22.5 million) in the quarter ended March 31, up 20.5% from last year and in line with analysts' estimates of 1.87 billion rupees, as per LSEG data.

Capital goods companies in India have benefitted from the government's push on infrastructure and clean energy through increased capital expenditure and production-linked incentive schemes.

Rival KEC International KECL.NS reported a more than doubling of profit earlier this week, while Larsen and Toubro's LART.NS profit beat analysts' estimates.

Thermax, which caters to industries like aviation, cement and renewable energy, said its order book rose 2% from last year.

Sales of industrial products such electric boilers, heat pumps and wastewater treatment plants increased 23% to 12.07 billion rupees during the quarter.

Revenue from its industrial infrastructure business, which includes large boilers, power plants and refinery process units, increased by 17%.

A 22% rise in raw material's costs pushed Thermax's expenses up 19% to 25.68 billion rupees.

Shares of the company closed 2.2% higher ahead of results.

($1 = 83.4950 Indian rupees)

(Reporting by Aleef Jahan and Kashish Tandon in Bengaluru; Editing by Varun H K and Mrigank Dhaniwala)

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May 7 (Reuters) - KEC International Ltd KECL.NS:

• INDIA'S KEC INTERNATIONAL- MARCH-QTR CONSOL PROFIT 1.52 BLN RUPEES VS 721.7 MLN RUPEES

• KEC INTERNATIONAL - MARCH-QTR CONSOL REV FROM OPS 61.65 BLN RUPEES VS 52.25 BLN RUPEES

• DIVIDEND 4 RUPEES PER SHARE

• SECURED ORDERS OF 10.36 BLN RUPEES IN Q1 FY25 TILL DATE

• ORDER BOOK AS ON MARCH 31, 2024 OF 296.44 BLN RUPEES, ADDITIONALLY, L1 OF OVER 70 BLN RUPEES

Source text for Eikon: [ID:]

Further company coverage: KECL.NS

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** Shares of KEC International KECL.NS rise as much as 6.6% to 779.70 rupees, last up 3.1%

** Engineering and construction co gets orders worth 10.36 billion rupees ($124.1 million)

** KECL lost 4.5% in March, snapping three-month gaining streak

** Twenty analysts covering the stock on average have a "hold" rating; median PT is 671.50 rupees - LSEG data

** Stock up ~28% YTD; had gained 19.2% in 2023 for fifth straight year of gains

($1 = 83.4800 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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