KEC International share price, an infrastructure EPC company under RPG Group, rose 2.72% to ₹717.45 on the BSE during intraday trading on March 5, 2025. The stock price gained momentum after the company announced receiving a ₹177 crore tax refund from the Income Tax Department.
Vimal Kejriwal, MD & CEO of KEC International, stated that this refund would strengthen the company’s liquidity and improve its financial position. He also reaffirmed the company’s commitment to operational efficiency and prudent capital management for long-term growth.
KEC International is a leading Engineering, Procurement, and Construction (EPC) company engaged in various sectors, including power transmission & distribution, civil construction, transportation, renewable energy, oil & gas pipelines, and cables. The company is currently executing projects in 30+ countries and has a presence in 110+ countries through EPC projects, tower supply, and cable manufacturing.
The company has a market capitalisation of ₹19,070.57 crore on the BSE. Its shares have traded within a 52-week range of ₹1,312 (high) and ₹648.45 (low). The stock hit an all-time high of ₹1,312 on December 4, 2024, and an all-time low of ₹21.73 on December 10, 2008. Over the past six months, the stock has declined 27%, while it has dropped 1% in the last year.
At 1:47 PM, KEC International shares were trading at ₹716.05, up 2.52% from the previous close of ₹698.45. Around 0.40 million shares, worth approximately ₹28.50 crore, were traded on the NSE and BSE. Meanwhile, the BSE Sensex was up 670 points (0.92%) at 73,659, while the NSE Nifty50 gained 234 points (1.1%) to reach 22,316.
The tax refund has improved KEC International’s financial position, boosting investor confidence. The company remains focused on operational efficiency and long-term growth.
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Published on: Mar 5, 2025, 2:57 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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