901.55
4.09%
Motilal Oswal
Moving from strength to strength; outlook improving Aims to expand margin by providing higher engineering offerings Order inflow environment improving, with a robust pipeline The momentum in order wins continued into 1QFY22, with KECI winning ~INR30b worth orders in FY22 YTD (v/s INR7b YoY). This clearly indicates that the impact of the second COVID wave has been minimal on ordering intensity, albeit for Railways, which has witnessed some delays. Tenders under evaluation and in the pipeline stood over INR650b, thus indicating healthy potential order...
KEC International Ltd. is trading above all available SMAs
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