KEC International shares in focus on Monday Oct 26 after ₹2872 cr PGCIL order win; YTD orders mark crosses ₹13.5k cr
KEC International secured new business with Oct 26 in focus.
· LiveMint Markets
KEC International secured ₹2,872 crore in turnkey orders from Power Grid Corporation for 765 kV transmission lines linked to evacuating 8.5 GW of renewable energy in Gujarat. The wins mark a record for its domestic T&D business and take year-to-date order intake above ₹13,500 crore.
Key facts
- Dates in focus
- Oct 26
The analysis
KEC International reported ₹2872 cr, ₹13.5 and ₹2,872 crore. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +2.8% on the day at ₹336.80, and has returned -28.3% over three months. It sits 60% below its 52-week high, which means a good deal of bad news was already in the price. The infrastructure sector has moved -17.1% over the same period, so KEC International is running 11.2 points behind its peers.
For KEC International, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Why it matters
- A large order lengthens revenue visibility, which is what the market pays a premium for in capital-goods and infra names.
- The shift to renewables is redrawing which energy names are structural winners versus stranded.
Market context
- In focus: KEC International (KEC), in Infrastructure.
- On the day, 1 of 2 are higher: KEC International leads at +2.8% and Power Grid trails at -0.2%.
- Over three months: KEC International -28.3% against Infrastructure -17.1% (11.2 points behind); Power Grid -14.3% against Power -17.7% (3.4 points ahead).
- At least 25% below the 52-week high: KEC International (60%).
- Trading well above normal today: KEC International at 2.8 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| KEC InternationalKEC · Infrastructure | ₹336.80 | +2.8% | -15.2% | -28.3% | -59.9% | 2.8× | — |
| Power GridPOWERGRID · Power | ₹247.00 | -0.2% | -8.3% | -14.3% | -23.0% | 0.7× | — |
Infrastructure
1M -12.1% · 3M -17.1%
KEC International
Power
1M -11.6% · 3M -17.7%
Power Grid
Prices as of 26 Oct 2026, 16:53 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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