Infra stock gains after Power Grid revokes tender restriction
KEC International Ltd is gaining attention after Power Grid revoked its nine-month tender restriction, effective 26 June 2026, allowing participation in PGCIL projects. Shares are currently at ₹523.50, down from ₹528.05, with a 43% decline over the past year.
after close1 source ↓written by the desknot a recommendation
- effective
- 26 June 2026
- are trading
- ₹523.50
- previously
- ₹528.05
- over the past
- 43% decline
- in the last
- 5% gain
KEC International Ltd is in focus after Power Grid Corporation of India revoked its nine-month tender restriction, effective 26 June 2026. This move allows KEC to participate in PGCIL projects, enhancing its prospects for future transmission infrastructure orders.
Currently, KEC shares are trading at ₹523.50, down from ₹528.05 previously, reflecting a 43% decline over the past year. The stock has shown a 5% gain in the last month, indicating potential recovery.
Traders should monitor KEC's performance as it re-enters the bidding process for significant projects.
Not investment advice. For informational purposes only.