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L&T, KEC International and more — Stocks with West Asia exposure in focus after Iran peace deal
Shares of Larsen and Toubro (L&T) Ltd., Kalpataru Projects, VA Tech Wabag, KRBL, are in focus on Monday, June 15, after the US and Iran announced a peace deal, resulting in the reopening of the Strait of Hormuz from Friday. These stocks are among the Indian-listed companies that have significant exposure to the West Asia region, and have witnessed volatility over the last four months since the Iran war started.
L&T, KEC International, Kalpataru Projects, KRBL and more — Stocks with West Asia exposure see relief
Barring L&T, which was the worst-performing largecap stocks in the past month, the other stocks that have exposure to West Asia such as KEC International, Kalpataru Projects, KRBL and VA Tech Wabag, have risen marginally to up to nearly 7% in the last one month.