KEC International stock price increased 2.72% on the BSE trading day of March 5 2025 to reach its peak at Rs 717.45 per share. Shares of KEC International experienced an upward trend when the company revealed getting a Rs 177 crore tax refund from the Income Tax Department which improved its cash reserves. KEC International shares have fallen by 27% during the previous six months and registered a 1% decrease over the last year despite getting a positive Rs 177 crore tax refund. KEC International Limited stock achieved its maximum price at Rs 1,312 during December 4, 2024 but previously marked its lowest value at Rs 21.73 on December 10, 2008.
Vimal Kejriwal, MD & CEO of KEC International, commented on the development, stating, “This refund strengthens our liquidity position and further enhances our financial leverage. As we move forward, we remain committed to operational excellence and prudent capital management to drive sustainable growth across our business verticals.” KEC International serves as a major force within the Power Transmission & Distribution sector as well as Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables industries. The company is currently working on projects in more than 30 nations while maintaining operations in over 110 countries through EPC projects and tower supply as well as cable distribution.
As of 1:47 PM on March 5th 2025 the share price of KEC International stood at Rs 716.05 demonstrating a 2.52% increase from its previous close at Rs 698.45. A total of 0.40 million shares exchanged hands during trading at Rs 28.50 crore on the BSE and NSE. The broader markets experienced upward trends as the BSE Sensex reached 73,659 by gaining 670 points (0.92%) while NSE Nifty50 increased 234 points (0.1%) to reach 22,316.
