India's KEC International rises on orders worth $139 mln

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** Shares of engineering company KEC International Ltd KECL.NS rise 2.43% at 469.90 rupees, their biggest intraday pct gain since Jan 9

** Stock highest in about a week, above both 50-day and 100-day moving averages

** KECL reported on Monday it has won orders worth 11.31 bln rupees ($138.56 mln) across its various businesses

** The orders pertain to infrastructure works in metals, mining and pharma segments in India, and co T&D projects in India, Africa, Mexico and the United States, co said

** More than 118,109 shares changed hands, vs their 30-day moving avg 424,270 shares

** Thirteen of 20 brokerages rate the stock "buy" or higher, five "hold" and two "sell" or lower; their median PT is 496.50 rupees - Refinitiv data

** Stock rose 3.2% in 2022

($1 = 81.6270 Indian rupees)

Reporting by Hritam Mukherjee in Bengaluru


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