Experts' confidence in the stock has increased after civil construction segment company KEC International received orders one after the other. Sharekhan has maintained a buy recommendation for the stock in view of the continuous orders. The company has received 3 orders one after the other this week, after which the new orders received by the company this year have exceeded Rs 17 thousand crore. The stock continues to be a profitable deal for its investors. So far this year, the stock has registered a gain of 90 percent.

What is the advice in the report

Sharekhan has advised to buy the stock and has given a target of 1250. The stock is currently trading near the level of 1055. That is, the stock can see a further rise of 19 percent from here. The report said that the company is getting orders one after the other in the transmission and distribution segment and so far in the year 2024, the orders have reached Rs 16,300 crore and there has been a growth of 60 percent in this as compared to last year. Share Khan has released this report on Friday. On Friday night, the company has informed about getting another order of Rs 1000 crore. Orders of Rs 3800 crore received this week The company has informed the stock market about getting a big order on Friday. Along with this, the company has informed about getting 3 orders this week. According to the information given on Friday, the company has received a new order of transmission and distribution of more than Rs 1000 crore in the international market. On November 27, information was given about getting an order of more than Rs 1700 crore from Power Grid and on November 25, an order of more than Rs 1100 crore in different businesses. The orders received by the company so far in the year 2024 have reached Rs 17,300 crore.