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KEC
, part of RPG Group firm, has secured new orders worth Rs 1,754 crore across it's transmission and distribution (T&D) business as well as from and cables & conductors business.
In the transmission and distribution segment, the company received significant orders for the supply of high-voltage transmission line towers in the Americas, including repeat orders from customers and the largest-ever tower supply order from the United States. In the cables and conductors business, the company secured multiple orders across India and international markets.
Having a market cap of Rs 13,700 crore, the company has reported a profit growth of 55% CAGR over the past 3 years. Moreover, it has been maintaining a healthy dividend payout of 26.5% thereby making it a good investment opportunity for regular income.#StockInNews#WatchOutFor#Miscellaneous#MacroViews#FundamentalViews
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