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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 ...

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