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Stock of The Day: KEC International | Will it benefit from strong growth in public and private capex?

KEC International has accumulated huge orders and now with the stars aligning; that is, improvement in margins and execution, the company is entering a new earnings cycle, which supported by the government and private capex could drive profit growth for the next 2-3 years. Looking ahead, KEC International is optimistic about the demand for its services, driven by global infrastructure development and has strong earnings visibility for the next two years.

first published: May 12, 2023 10:41 am

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