Today, on 2nd April 2025, KEC International Share Price experienced a 2% dip in its share prices. The decline followed after KEC announced its new order gains. Market analysts believe that the downward graph could be because KEC International’s shares have a beta of 1.2, indicating higher volatility compared to the broader market.
Besides, a few investors may engage in profit-taking, which could adversely affect the company’s shares. Today, KEC INternational’s shares opened to the market at Rs. 800.40 and are currently down by 2% compared to the previous session’s closing rate of Rs. 791.75.
KEC International Share Price in Today’s Market
At 10:20 a.m., KEC International dealt with their shares for Rs 765.00. It is nearly 4% lower than the opening rate. And 3.4% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 20,397 cores; the UC Limit is 950.10, and the LC Limit is 633.40.
Company Financials
For the third quarter of FY 2024-25, KEC reported Rs. 5,349 crore in revenue. It is a 7% increase from Rs. 5,007 crore in the same quarter of the previous year. The PBT- Profit Before Tax- stood at Rs. 160 crore, a 32% increase from the last third quarter’s Rs.121 crore. The Profit After Tax grew by 34% and recorded Rs. 130 crores.
KEC International’s New Order Gains
Yesterday, on 1st April, the company disclosed that it secured new orders worth Rs 1,236 crore across multiple businesses. The new orders include transmission and distribution, civil, transportation, and cables. KEC received a transmission and distribution order from Kuwait, UAE, and a private TBCB player in India. Its Civil, transportation, and cable orders are also from India and the UAE. KEC accepted a project on the Train Collision Avoidance System (TCAS) segment under ‘Kavach.’
Vimal Kejriwal, MD & CEO of KEC International, said that the new orders reflect a 36% growth in their order book for the fiscal year 2025, as the new orders bring their total to Rs. 24,600 crores. Vimal Kejriwal commented on their expanding client base in India and overseas, particularly the Middle East substation market, and expressed optimism about the company’s growth.
KEC International Share Price Target
As per the reports from market experts on Trendlyne, KEC International Ltd. has an average target of 999. The consensus estimate represents an upside of 29.96% from the last price of 768.70.
Should You Buy, Sell, Or Hold?
Analysts’ recommendation on Trendlyne reflects a mixed suggestion for buying and holding the shares. On Money Control, however, 29% of analysts recommend buying, 14% suggests holding, and 4% suggest selling the shares. But before investing in KEC International, consider its long-term performance and consult your analyst to make the perfect move.
