Exclusive: Tender for Kavach systems soon, will cover 650 km of freight corridor
The tender will be worth around Rs 350 crore and will be floated by the end of August
KEC one of the contributor to the Kavach railways already had bagged few orders in this segment.
Currently trading at its all time high has formed a cup & handle pattern. Pattern breakout opens gate for higher target around 3 times of the CMP.
SL & Targets are mentioned in the chart.
Disclaimer: Due diligence.
