Dolat Capital is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 247 in its research report dated July 16, 2020.
Dolat Capital's research report on KEC International
The FY20 AR continues with its theme of diversification, visible in the last few annual reports. It has gradually reduced its dependence on T&D business with a third of its revenues now coming from non-T&D, compared to less than 15% five years back.
Outlook
Within segments also it is diversifying to pursue growth. A strong board and a stable management are its other strengths.
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