KEC International shares slide over 3% despite securing new orders worth Rs 1,114 crore

November 26, 2024

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.

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