Back-to-back 52-week highs: This heavy electrical company with mcap of Rs 15,000 crore has robust order book worth Rs 32,968 crore!

The stock is up by 45 per cent in 1 year and gave multibagger returns of over 150 per cent in 3 years.

On Friday, shares of KEC International Ltd surged 2.29 per cent to make a new 52-week high of Rs 611.25 per share from its previous closing of Rs 597.35. At the closing bell, shares of the company ended the trading session in the red, down 0.52 per cent to Rs 594.25 per share with a spurt in volume by more than 4.67 times on BSE.

KEC International Limited is a power transmission company that is involved in the design, manufacture, supply, and construction of turnkey projects for power transmission lines. It is the flagship company of the RPG Group, established in 1979.

The order book as of March 31, 2023, is Rs 30,553 crore, a robust growth of 29 per cent YoY. Additionally, the company is the L1 bidder for orders of over Rs 3,500 crore. The company has recently secured new orders aggregating Rs 2,415 crore across its various business segments. Taking into account these latest orders, the company's current order book stands at Rs 32,698 crore.

According to the financials, KEC International Ltd had a market cap of over Rs 15,000 crore and has been maintaining a healthy dividend payout of 31.10 per cent. The company reported positive numbers in its Quarterly Results (Q4FY23) and annual results (FY23).

The stock is up by 45 per cent in 1 year and gave multibagger returns of over 150 per cent in 3 years. Investors should keep an eye on this Mid-Cap company for upcoming trading sessions.