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KEC International secures 1040 crore orders in international markets

KEC International has secured new orders worth Rs 1,040 crores in its transmission and distribution (T&D) business in international markets, including supply of towers and 220 kV transmission lines in the Americas and CIS. This follows a recent win of Rs 1,704 crore in turnkey orders for 765 kV Transmission Lines and GIS Substations from Power Grid Corporation of India Limited.

KEC International secures 1704 crore order from Power Grid Corporation

KEC International has secured turnkey orders worth Rs 1,704 crore from Power Grid Corporation of India Limited for the design, supply, and installation of 765 kV Transmission Lines and GIS Substations. This win bolsters the company's T&D order book, contributing to a year-to-date order intake of Rs 16,300 crores, reflecting over 60% growth compared to last year. Additionally, on November 25, KEC International obtained new orders totaling Rs 1,114 crore across various sectors, including T&D projects in the Middle East and Americas.

tocks in focus lic integrated proteins adani green energy and more

Stocks in focus today include LIC, which has appealed a GST demand of Rs 104 crore for FY 2019-20, along with interest and penalties. Integrated Proteins has issued up to 2 crore convertible equity warrants to a non-promoter entity for Rs 11.25 each.

KEC International secures new orders worth Rs 1114 crore boosting growth

KEC International's shares rose 2% to Rs 1,064 after securing new orders worth Rs 1,114 crore in Q2FY25, spanning transmission and distribution, civil, railways, and cable segments. Notable projects include a 400 kV transmission line in Oman and various contracts in India, contributing to a year-to-date order intake of Rs 14,600 crore, a 50% increase from last year. CEO Vimal Kejriwal expressed optimism about the company's strengthened position in the Middle East and diverse project acquisitions.

q2 earnings season heats up with major companies reporting results

Dabur is currently trading at 46x/40x on FY26/FY27E P/E, with a 2-3% EPS trim for FY25-27E. Despite a slight miss in Q2FY25 results due to distributor inventory corrections and adverse weather impacting beverage sales, the company anticipates a recovery in revenue growth and stable margins in H2FY25. Analysts maintain a positive outlook, citing favorable risk-reward dynamics following a stock price correction.
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