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At 11.09 am, the scrip was trading 1.2% higher at Rs 660 on BSE. On a year-to-date basis, the stock has risen over 35%, while it has surged over 50% in the last one year.
KEC International shares gained 8.02% to Rs 674 against the previous close of Rs 623.95 on BSE. Total 0.50 lakh shares of the firm changed hands amounting to a turnover of Rs 3.29 crore on BSE today.
Technically, the stock's day RSI (14) is at 50.8. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. MACD is at 13.4, which is above its Center Line, but below the signal line.
Shares of KEC International closed 2.26% lower at Rs 623.95 on BSE on August 18 (Friday). In one year, the stock has gained 54% and risen 29% since the beginning of this year.
KEC International has bagged new orders worth Rs 1,007 crore, including for the construction of a multi-specialty hospital. Orders that the company has received include its civil business, transmission and distribution business and its cables business. With these orders, the company's year-to-date order intake stands at a record of over Rs 5,500 crore.