KEC International won a Rs 1,000 crore order and was upgraded by Kotak to Add from Reduce, though target price cut to Rs 400

Fri 9 Oct 2026

Order win value

1,000 crore rupees

Revised Kotak target price

400 rupees

Previous Kotak target price

470 rupees

Stock move today

5.5 percent

Heard on business television between 15:17:06 - 15:20:06 IST.

• KEC International secured a Rs 1,000 crore order win.
• Kotak upgraded the stock to Add from Reduce rating, while cutting target price to Rs 400 from Rs 470.
• Kotak said a gradual recovery is underway and KEC could be one of the biggest beneficiaries of the domestic T&D business.
• Stock was up 5.5% in trade; Neeraj remained positive on the capital goods/engineering space over the medium to long term given recent order wins.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.