You are here: Home » Opinion » Financial X-Ray
;
Business Standard

T&D players gain from rising demand

ABB, Siemens, Alstom gain from equipment focus

Hamsini Karthik  |  Mumbai 

News of KEC International bagging orders worth Rs 1,036 crore lifted its stock price around three per cent in Thursday’s trade. While the order win is positive, a closer look reveals that around 60 per cent of orders came from West Asian countries.

In fact, over the past few years, KEC has seen a steady increase in order flows from foreign countries. Such orders grew from 44 per cent of total order book in financial year 2011-12 to 47 per cent in FY16. While KEC always had a fair exposure to foreign orders, Kalpataru Power Transmission increasing its foreign presence is an interesting ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, June 23 2016. 21:35 IST