Home / Business and Economy / KEC Bags ₹1,303 Cr Orders, Shares Jump!
KEC Bags ₹1,303 Cr Orders, Shares Jump!
15 Sep
Summary
- KEC International secured new orders worth ₹1,303 crore across three continents.
- These orders bolster KEC's year-to-date intake to over ₹7,600 crore.
- Coforge made board committee changes after an independent director resigned.
On Tuesday, September 15, 2026, KEC International experienced a significant surge in its share price, climbing over 5%. This rise was attributed to the company securing new orders valued at ₹1,303 crore. These orders are designated for projects across India, the Middle East, and the Americas, demonstrating KEC's global reach.
The Transmission & Distribution (T&D) business secured orders for crucial projects, including a transmission line in northern India and projects in Saudi Arabia. The Cables & Conductors business also reported multiple order wins from both domestic and international markets. These latest wins have pushed KEC International's year-to-date order intake past the ₹7,600 crore mark.
In separate corporate news, Coforge shares saw a 2.4% gain following changes in its board committees. This adjustment was necessitated by the resignation of an independent director on September 10, 2026. The company has since reconstituted its Nomination and Remuneration Committee (NRC) and Stakeholders' Relationship Committee (SRC), appointing Beth Boucher as the new NRC Chairperson. Coforge stated that the resignation was due to reasons provided in the director's email.
