KEC International Share: Why Is the Stock Down 70% Despite a 40,000 Cr Order Book?
India, Sept. 14 -- KEC is a diversified infrastructure EPC company with operations across transmission and distribution, civil construction, transportation, renewables, cables and conductors, and oil and gas pipelines. With more than eight decades of experience, over 250 ongoing projects, and a presence across 110+ countries, the company has a sizeable execution platform.
KEC International trades at around 406, with a market capitalization of roughly 10,820 crore. Its 52-week range is 400-938, while the stock trades at around 18x trailing earnings. The current price is almost 70% below the company's all-time high of 1,312.
The Order Book
KEC ended Q1 FY27 with an order book of 37,697 crore, while its order book plus L1 position was ab...
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