KEC

** Construction company KEC International's KECL.NS shares fall 2.7% to 474.55 rupees, marking their lowest level in three years

** Emkay Global downgrades co to "add" from "buy", lowers TP to 600 rupees from 875 rupees, a 23.1% upside to stock's last close

** Says that while order books remain healthy, execution is likely to stay subdued due to KECL's significant exposure to the Middle East and ongoing labour challenges in India

** Brokerage expects profitability to be affected amid inflationary pressures; lowers FY27-28 earnings estimates by 25% and 18%, respectively

** Eighteen of 20 brokerages rate the stock "buy" or higher; their median PT is 679 rupees

** Around 1.8 million shares at 11.10 am compared to 30-day avg of 1.91 million shares

** YTD, KECL down 35.8% vs 5.6% fall in BSE 500 Index .BSE500

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))

** Shares of KEC International KECL.NS slide 8.9% to 499.7 rupees, lowest since May 2023

** Engineering & construction firm posts 28.1% decline in March-quarter consol profit at 1.93 billion rupees ($20.04 million); rev from ops falls 7% to 63.9 billion rupees

** Investec ("Buy": PT: 849 rupees) says while revenue declined due to supply chain issues and labour shortages caused by Middle East conflict, execution remained strong across T&D business

** Flags increase in net debt due to spillover of some collections, higher inventory from delayed dispatches in Dubai, inventory build-up due to volatile steel prices and muted collections in water business

** Stock rated as "Buy" on average by 20 analysts, median PT at 832 rupees - LSEG-compiled data

** YTD, stock down 32.2%

($1 = 96.3000 Indian rupees)

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))

** KEC International KECL.NS shares rise 1.1% to 576.55 rupees

** Construction and engineering firm secures new orders worth 10.02 billion rupees ($105.37 million)

** Orders received across its Transmission & Distribution, Renewables, Transportation and Cables & Conductors businesses

** "Our renewables business has expanded its presence in the Wind Energy segment with a repeat order from an existing customer. The Transportation business has reinforced its position in the technology-enabled ABS segment with these orders" - CEO Vimal Kejriwal

** 18 of 20 brokerages rate the stock "buy" or higher; their median PT is 835 rupees - data compiled by LSEG

** YTD, stock down 20.5% vs a 7.5% decline in the Nifty 50 Index .NSEI

($1 = 95.0912 Indian rupees)

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))

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

• SECURES NEW ORDERS WORTH 10.02 BILLION RUPEES

Source text: ID:nBSEbsrBhW

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;;))

April 9 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - SPUR INFRASTRUCTURE RECEIVES TAX DEMAND OF 461.9 MILLION RUPEES

Source text: ID:nBSEbVvVDN

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

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

• KEC INTERNATIONAL LTD - WINS NEW ORDERS WORTH 25.18 BILLION RUPEES

Source text: ID:nBSE2fx07Z

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

March 11 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 14.76 BILLION RUPEES FOR T&D PROJECTS

Source text: ID:nBSE7Gq2Yf

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;;))

Feb 24 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.02 BILLION RUPEES

Source text: ID:nBSE4pPytX

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

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

• SECURES NEW ORDERS WORTH 10.20 BILLION RUPEES

Source text: ID:nBSEyql0k

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

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

• KEC INTERNATIONAL LTD - DEC-QUARTER CONSOL PROFIT 1.27 BILLION RUPEES

• KEC INTERNATIONAL LTD - DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 60.01 BILLION RUPEES

Source

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

Jan 1 (Reuters) - KEC International Ltd KECL.NS:

• SECURES NEW ORDERS WORTH 10.50 BILLION RUPEES

Source text: ID:nBSE2mYXGm

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;;))

Sept 22 (Reuters) - KEC International Ltd KECL.NS:

• KEC INTERNATIONAL LTD - WINS ORDERS WORTH 32.43 BILLION RUPEES IN T&D BUSINESS

Source text: ID:nBSE9zXffZ

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

** Kernex Microsystems KMIL.NS rises 5% to 1,104 rupees

** Kernex-KEC International KECL.NS consortium gets letter of acceptance from Western Railways at bid cost of 1.51 bln rupees ($17.35 million)

** Kernex says it holds 70% stake in JV with KEC International KECL.NS

** KEC shares nearly flat at 832 rupees

** Total Kavach (indigeneous automatic train protection system) orders from April 2024 to date now stand at 31.36 bln rupees

** YTD, KMIL down 15%, while KECL sheds 30.5%

($1 = 87.2575 Indian rupees)

(Reporting by Komal Salecha)

((Komal@thomsonreuters.com))

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

• KEC INTERNATIONAL JUNE-QUARTER CONSOL PROFIT 1.25 BILLION RUPEES

• KEC INTERNATIONAL JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 50.23 BILLION RUPEES

Source text: ID:nBSE2S9vzF

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;))

* Shares of KEC International KECL.NS up 4.9% to 932.50 rupees

** Stock marks its biggest percentage gain since May 25

** KECL among top gainers in Nifty small-cap index .NIFSMCP100, which is up 1%
** Co says it has won new orders worth 12.36 billion rupees ($143.83 million)
** Trading volume at 1.1 mln shares vs 30-day avg of 1.8 mln shares
** YTD- KECL down 22.2%, small-cap index down 0.6%

($1 = 85.9340 Indian rupees)

(Reporting by Sethuraman NR in Bengaluru)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net ))

** Shares of KEC International Ltd KECL.NS rise as much as 7.6% to 926.65 rupees

** Engineering co reported a 76.7% y/y rise in Q4 consol profit to 2.68 bln rupees ($31.4 mln); rev grew 11.5%

** Adds, transmission and distribution segment, which forms major chunk of total sales, grew 28% y/y

** Stock on track to gain for 5th straight day

** More than 4.9 mln shares traded as of 9:46 a.m. IST, 3.5x their 30-day moving avg

** Mean rating of analysts on stock is "buy"; their median PT is 930 rupees - data compiled by LSEG

** KECL last up 7%, cutting YTD losses to 28.1%

($1 = 85.2590 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

((meenakshi.maidas@thomsonreuters.com;))

** Construction and engineering firm KEC International's KECL.NS shares rise 2.65% to 802 rupees

** Co wins orders worth 12.36 bln rupees ($144.49 million) across various businesses, including cables and transportation

** With the addition, total order intake for FY25 stands at 246 bln rupees, up 36% y/y

** Stock has risen 11.4% in the last 12 months

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))

March 25 (Reuters) - Trishakti Industries Ltd TELI.BO:

• TRISHAKTI INDUSTRIES LTD - SECURES CONTRACT FROM KEC INTERNATIONAL

• TRISHAKTI INDUSTRIES - CONTRACT WORTH 15 MILLION RUPEES

Further company coverage: TELI.BO

((Reuters.Briefs@thomsonreuters.com;))

** 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)

((VivekKumar.M@thomsonreuters.com;))

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

• RECEIVES INCOME TAX REFUND OF 1.77 BILLION RUPEES

Source text: ID:nBSE7tZyC4

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;;))

** 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)

((bharath.rajeswaran@thomsonreuters.com; +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)

((Kashish.tandon@thomsonreuters.com))

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

((Reuters.Briefs@thomsonreuters.com;))

** Shares of KEC International KECL.NS rise as much as 1.7% to 1,232.70 rupees

** Engineering and construction co says it has won order worth 10.97 billion rupees ($127.9 million)

** Project is for setting up 400 kV transmission lines in UAE and for supply of towers, hardware and poles across U.S., Mexico and Brazil

** Share price above 50-day, 100-day and 200-day exponential moving averages since Nov. 14

** Avg rating of 22 analysts equivalent of "buy", median PT is 1,011 rupees - data compiled by LSEG

** Stock rose 103.5% in 2024, best yearly gain since 2017

($1 = 85.7540 Indian rupees)

(Reporting by Ashish Chandra in Bengaluru)

((ashish.chandra@thomsonreuters.com (+91 7982114624))

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

((Reuters.Briefs@thomsonreuters.com;;))

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

((Reuters.Briefs@thomsonreuters.com;))

** 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)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))

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

• APPROVED TRANSFER OF CABLE BUSINESS OF CO TO KEC ASIAN CABLES

Source text: [ID:]

Further company coverage: KECL.NS

((Reuters.Briefs@thomsonreuters.com;;))

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

((Reuters.Briefs@thomsonreuters.com;))

** 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)

((dimpal.gulwani@thomsonreuters.com))