KEC International’s stock dipped 3.5% despite securing Rs 1,114 crore in new orders across various segments. The company’s MD expressed satisfaction with the contracts, highlighting growth in the Middle East and technologically advanced metro projects. Analysts maintain a ‘Buy’ rating, even though the stock has significantly surged in 2024.
Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devices
Shares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese data centre equipment imports. The