19 Nov 2025 | 5 Mins Read
KEC International stock drops 7% after Power Grid suspension
Flipitmoney
KEC International shares fell over 7 percent after Power Grid Corporation barred the company from participating in its tenders for nine months due to alleged contractual provision transgression. The company has filed a statement saying it upholds high corporate governance and is examining options, including legal recourse. Its share price has fallen around 45% from its 52-week high.