KEC International share price drops 5.88% after PGCIL tender ban
after close1 source ↓written by the desknot a recommendation
- to ₹735.70
- 5.88%
- effective
- 18 November 2025
KEC International's share price fell 5.88% to ₹735.70 after the Power Grid Corporation of India Limited (PGCIL) barred it from new tenders for nine months, effective 18 November 2025. This restriction raises concerns over future contract awards and revenue potential, impacting market sentiment significantly.
The decline reflects increased scrutiny on KEC's operational capabilities and future growth prospects in the EPC sector.
Not investment advice. For informational purposes only.