KEC International Bags Orders Worth 70% of Its Market Cap in Q2: Why Is the Stock Still Falling?
India, Oct. 27 -- The article outlines the new order wins and why the stock price has not reflected this development for the company, which is a global infrastructure Engineering, Procurement, and Construction (EPC) major and the flagship company of the RPG Group
With a market capitalization of Rs 8,798 crore, KEC International Ltd's share closed at Rs 330 per share, down by 1.86 percent from its previous close. The stock of the company gave a negative return of 61 percent over the last year.
KEC International has secured fresh orders worth Rs 6,195 crore during Q2 FY27, equivalent to around 70 percent of its stated market capitalisation of Rs 8,800 crore. However, large order wins do not automatically translate into higher profits or ...
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