Hold KEC International, target Rs 157.0 : Geojit BNP Paribas Financial Services
Geojit BNP Paribas expects the EBITDA margins will improve from current 8.4 per cent to 8.8 per cent in FY18E due to benefit from high margin order book leading to a PAT growth by 27 per cent CAGR over FY16-18E09-08-2016