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KEC awaits big MENA booster

KEC awaits big MENA  booster
KEC awaits big MENA  booster
It has recently acquired a facility in Dubai for transmission towers that will help the company to cater to demand from the MENA region.

Synopsis

A revenue visibility of more than 18 months and sizable order pipeline have kept investors’ interest intact in the stock. It has gained 24% over the past month compared with the 12% gain in the BSE Capital goods index.

ET Intelligence Group: KEC International, a power equipment supplier, has been reporting a steady order flow from the overseas market and domestic railway projects at a time when new orders are hard to come by for capital goods companies. A revenue visibility of more than 18 months and sizable order pipeline have kept investors’ interest intact in the stock. It has gained 24% over the past month compared with the 12% gain in the BSE Capital
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