BOM:532714

Nomura Downgrades KEC International to Neutral From Buy, Adjusts Price Target to INR507 From INR845

KEC International (NSE:KEC, BOM:532714) has an average rating of overweight and mean price target of 594.42 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

Emkay Global Downgrades KEC International to Add from Buy; Price Target is INR600

KEC International Wins Orders Worth INR10 Million Across T&D, Wind and Rail Segments

KEC International (NSE:KEC, BOM:532714) said it has secured new orders worth around 10.0 billion Indian rupees across its transmission and distribution, renewable and rail-related businesses, according to a Tuesday filing.The transmission and distribution orders include HVDC transmission lines in western India, 132 kV cabling work in eastern India, and supply of towers and related equipment in the Americas, the filing said.The company also received a wind energy project order of over 100 MW in southern India and two orders in the automatic block signaling segment, it added.