The shares of CAC International, the major civil construction sector company, are seeing a huge rise. The company’s shares continued to bounce for the fourth consecutive day and on Thursday increased by more than 10% on BSE to Rs 848. In the last four days, the stock has registered an increase of more than 26%. The 52 -week high of the company’s shares was Rs 1312 and the minimum level of Rs 648.45.
New orders worth Rs 1267 crore got
The reason for this surge in Kec International shares is the announcement of the company to achieve new projects. The company had informed on the weekend that it had received orders worth Rs 1267 crore.
- Transmission and distribution (T&D) segment has found comfort letters for projects in India and America.
- Cables business has received orders to supply conductors and various types of cables in India and foreign markets.
- With these new orders, orders INTech of Kec International, the leading RPG group, have crossed Rs 23,300 crore.
Shares increased by more than 280% in last 5 years
KEC International shares have recorded a tremendous lead of 280% in the last five years.
- On 20 March 2020, the stock was at Rs 222, which reached Rs 848 by 20 March 2025.
- The stock has increased by more than 110% in the last three years.
- The stock has climbed 30% in the last one year.
- However, since the beginning of 2025, the stock has also seen a decline of 27%.
What is the signal for investors?
Given the increasing demand in Kec International’s strong order books, ever increasing projects and civil construction sector, experts believe that this stock can perform well in a long period. However, investors should take investment decisions keeping in mind the market’s current instability.
