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KEC International shares surged 3% on Tuesday as the street cheered its healthy fourth-quarter (Q4 FY25) earnings performance and robust orderbook.
The stock has been in an uptrend, rallying nearly 22% in the last month, driven by multiple order wins.
SEBI-registered analyst Sameer Pande observed that KEC displays strength in the technical charts, particularly in the monthly timeframe.
The Relative Strength Index (RSI) is positioned near 54, and a robust support zone is evident in the ₹760–720 range.
Pande suggests a stop loss on a closing basis for risk management at ₹790.
The upside target is set at ₹980, to be achieved by July-end.
On the earnings front, KEC International’s Q4 revenues rose 11% to ₹6,872 crores, while profits surged 77% to ₹268 crores.
Their FY25 order inflows rose 36% to ₹24,689 crore, and the cumulative order book as of March 2025 stood at ₹33,398 crore.
The board has also recommended a final dividend of ₹5.5 per share for FY25, subject to shareholder approval at the upcoming AGM.
Data on Stocktwits shows retail sentiment turned ‘bullish’ from ‘bearish’ a week ago amid ‘high’ retail chatter.
KEC shares have fallen 26% year-to-date (YTD).
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