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Buy KEC International Ltd For Target Rs. 816 - Yes Securities We recently interacted with KEC International. The company is on the cusp of a major turnaround driven by stellar growth in its TAM, sequential margin recovery, and reduction of working capital to normalized levels. KEC is the market leader in the domestic T&D EPC industry and is expected to be a major beneficiary of a stellar growth in TAM. With execution of legacy projects largely behind, turnaround in SAE Brazil profitability and a stable commodity environment, the company has signific...
Buy KEC International Ltd For Target Rs. 816 - Yes Securities
Buy KEC International Ltd For Target Rs. 816 - Yes Securities
Source: Yes Securities Ltd
7/09/2023 2:38:32 PM
Add KEC International Ltd For Target Rs.710 - ICICI Direct Robust execution, margin improves YoY/QoQ; downgrading to ADD KEC International reported revenue/EBITDA/PAT growth of 28% / 45% / 36% YoY at INR 42bn / 2.4bn / 423mn. T&D and civil businesses continued to witness strong execution on robust order backlog and normalising of supply chain. The order pipeline remains healthy at >~INR 1trn across segments, which is likely to drive order inflow growth. Current order backlog + L1 at INR 350bn offers strong revenue visibility. We expect mome...
Add KEC International Ltd For Target Rs.710 - ICICI Direct
Add KEC International Ltd For Target Rs.710 - ICICI Direct
Source: ICICI Securities
21/08/2023 12:25:40 PM
Accumulate KEC International Ltd For Target Rs.703 - Geojit Financial Services Healthy growth in T&D business... KEC International Ltd. (KEC) is a global infrastructure Engineering, Procurement and Construction major. It has presence in the verticals of Power T&D (Transmission & Distribution), Cables, Railways and Water & Renewable • In Q1FY24, KEC reported a healthy revenue growth of 28% YoY led by strong execution in T&D segment by 71% YoY, and the civil segment by 60% YoY • EBITDA margin expanded by 68bps YoY to 5.8% in Q1FY24 o...
Accumulate KEC International Ltd For Target Rs.703 - Geojit Financial Services
Accumulate KEC International Ltd For Target Rs.703 - Geojit Financial Services
Source: Geojit Financial Services
16/08/2023 2:38:08 PM
Buy KEC International Ltd For Target Rs.660 - Centrum Broking Ltd KECI’s consolidated sales grew 28% YoY to Rs42.4bn, 11%/9% above our/consensus estimates. Growth was led by T&D (+46% YoY to Rs18.8bn) and Civil segment (+60% YoY to Rs9.6bn). EBITDA grew 45% YoY to Rs2.4bn, leading to EBITDA margin of 5.8%, up 70bps YoY/QoQ each and in-line with our/consensus estimate. PBT grew 26% YoY to Rs467mn while PAT was up 37% YoY to Rs423mn aided by lower tax rate at 9% (vs. 16% YoY). YTD-FY24 order inflow grew 30% YoY to Rs45bn while order book was flat Qo...
Buy KEC International Ltd For Target Rs.660 - Centrum Broking Ltd
Buy KEC International Ltd For Target Rs.660 - Centrum Broking Ltd
Source: Centrum Broking Ltd
9/08/2023 2:12:20 PM
KEC International jumps on reporting 36% rise in Q1 consolidated net profit KEC International is currently trading at Rs. 659.10, up by 13.55 points or 2.10% from its previous closing of Rs. 645.55 on the BSE. The scrip opened at Rs. 667.30 and has touched a high and low of Rs. 669.80 and Rs. 635.00 respectively. So far 51130 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 698.95 on 02-Aug-2023 and a 52 week low of Rs. 386.55 on 12-Aug-2022. Last one week high and low of the scrip stood...
KEC International jumps on reporting 36% rise in Q1 consolidated net profit
KEC International jumps on reporting 36% rise in Q1 consolidated net profit
Source: Accord Fintech
4/08/2023 1:20:44 PM
India's KEC International posts Q1 profit beat on strong demand Engineering and construction company KEC International posted a bigger-than-expected rise in first-quarter profit on Thursday boosted by strong infrastructure demand. Consolidated profit for RPG Group's flagship company rose 36.5% to 423.3 million rupees ($5.11 million), while revenue rose 27.9% year-on-year to 42.44 billion rupees. Analysts, on average, expected a profit of 332 million rupees, according to Refinitiv IBES data. For further highlights, click KEY CONTEXT With...
India's KEC International posts Q1 profit beat on strong demand
India's KEC International posts Q1 profit beat on strong demand
Source: Reuters
3/08/2023 7:41:34 PM
KEC International shines on securing orders of Rs 1,042 crore across various businesses KEC International is currently trading at Rs. 589.75, up by 14.05 points or 2.44% from its previous closing of Rs. 575.70 on the BSE. The scrip opened at Rs. 591.00 and has touched a high and low of Rs. 604.35 and Rs. 587.80 respectively. So far 44232 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 604.35 on 6-July-2023 and a 52 week low of Rs. 386.55 on 12-Aug-2022. Last one week high and low of the scrip stood...
KEC International shines on securing orders of Rs 1,042 crore across various businesses
KEC International shines on securing orders of Rs 1,042 crore across various businesses
Source: Accord Fintech
6/07/2023 10:32:44 AM
KEC International jumps on securing orders of Rs 1,373 crore across various businesses KEC International is currently trading at Rs. 579.95, up by 28.35 points or 5.14% from its previous closing of Rs. 551.60 on the BSE. The scrip opened at Rs. 579.90 and has touched a high and low of Rs. 586.00 and Rs. 571.65 respectively. So far 43929 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 586.00 on 14-Jun-2023 and a 52 week low of Rs. 351.80 on 20-Jun-2022. Last one week high and low of the scrip stood...
KEC International jumps on securing orders of Rs 1,373 crore across various businesses
KEC International jumps on securing orders of Rs 1,373 crore across various businesses
Source: Accord Fintech
14/06/2023 9:54:43 AM
Buy KEC International Ltd For Target Rs.610 - ICICI Direct About the stock: KEC International (KEC) is one of the EPC majors in key infrastructure sectors such as power T&D, railways, civil, urban infrastructure, solar, smart infrastructure, oil & gas pipelines and cables. * A strategic shift in portfolio from T&D to non-T&D (13% contribution in FY16 increased to 50% in FY23) * T&D diversified across countries with entry in ~20 countries in last five years Q4FY23 Results: KEC reported mixed Q4FY23 results given the margin...
Buy KEC International Ltd For Target Rs.610 - ICICI Direct
Buy KEC International Ltd For Target Rs.610 - ICICI Direct
Source: KEC International Ltd
23/05/2023 12:49:46 PM
Buy KEC International Ltd For Target Rs 514 - ICICI Securities KEC International’s (KECI) Q4FY23 performance was ahead of our estimates with revenues up 29%/26% YoY/QoQ to ~Rs55bn, led by a robust order backlog and healthy execution in T&D and civil businesses. EBITDA margin at 5.1%, lower than our estimates (although up 56bps QoQ), was impacted by execution of lowmargin legacy orders. However, given the lower commodity prices, logistics cost at pre-covid levels and improved profitability at SAE Towers, we expect consolidated margins to improve...
Buy KEC International Ltd For Target Rs 514 - ICICI Securities
Buy KEC International Ltd For Target Rs 514 - ICICI Securities
Source: ICICI Securities
23/05/2023 11:16:13 AM
Add KEC International Ltd For Target Rs597 - Yes Securities Ltd Our view KEC International (KECI) reported a mixed set of numbers, with healthy topline growth in T&D (up 43% YoY) and non-T&D segments such as Civil (up 71% YoY) and Oil & Gas Pipelines (up 39%) too contributed to the growth. Despite robust gross margins, EBITDA margins remained under pressure owing to execution of legacy domestic TBCB projects while SAE Brazil managed to break even at EBITDA level. Order inflows grew by 121% YoY on a low base. As on 4QFY23 order book stands a...
Add KEC International Ltd For Target Rs597 - Yes Securities Ltd
Add KEC International Ltd For Target Rs597 - Yes Securities Ltd
Source: Yes Securities Ltd
6/05/2023 3:38:14 PM
KEC International gains despite reporting 36% fall in Q4 consolidated net profit KEC International is currently trading at Rs. 514.60, up by 0.65 points or 0.13% from its previous closing of Rs. 513.95 on the BSE. The scrip opened at Rs. 513.75 and has touched a high and low of Rs. 521.00 and Rs. 502.85 respectively. So far 21828 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International gains despite reporting 36% fall in Q4 consolidated net profit
KEC International gains despite reporting 36% fall in Q4 consolidated net profit
Source: Accord Fintech
5/05/2023 12:59:15 PM
KEC International trades higher on securing orders of Rs 1017 crore across various businesses KEC International is currently trading at Rs. 458.30, up by 4.70 points or 1.04% from its previous closing of Rs. 453.60 on the BSE. The scrip opened at Rs. 453.80 and has touched a high and low of Rs. 460.35 and Rs. 452.65 respectively. So far 11463 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International trades higher on securing orders of Rs 1017 crore across various businesses
KEC International trades higher on securing orders of Rs 1017 crore across various businesses
Source: Accord Fintech
27/04/2023 12:47:12 PM
KEC International soars on securing orders of Rs 1,213 crore across various businesses KEC International is currently trading at Rs. 461.50, up by 6.70 points or 1.47% from its previous closing of Rs. 454.80 on the BSE. The scrip opened at Rs. 461.75 and has touched a high and low of Rs. 464.90 and Rs. 458.90 respectively. So far 2965 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood a...
KEC International soars on securing orders of Rs 1,213 crore across various businesses
KEC International soars on securing orders of Rs 1,213 crore across various businesses
Source: Accord Fintech
6/04/2023 9:48:10 AM
Buy KEC International Ltd For Target Rs 540 - ICICI Securities On YTD basis, KEC International (KECI) has achieved an order intake of Rs210bn (+49% YoY) against our FY23 estimates of Rs200bn, led by growth across businesses. Interestingly, as indicated in our earlier note Capital Goods: Revival in transmission capex on the cards, we have started seeing a pickup in domestic T&D awarding with PGCIL being awarded 8 projects (4 projects in 9MFY23) on TBCB basis. We reiterate our positive stance on strong T&D ordering, sustaining for the next 4-5 yea...
Buy KEC International Ltd For Target Rs 540 - ICICI Securities
Buy KEC International Ltd For Target Rs 540 - ICICI Securities
Source: ICICI Securities
5/04/2023 3:25:02 PM
Buy KEC International Ltd For Target Rs540 - ICICI Securities Transmission orders picking up On YTD basis, KEC International (KECI) has achieved an order intake of Rs210bn (+49% YoY) against our FY23 estimates of Rs200bn, led by growth across businesses. Interestingly, as indicated in our earlier note Capital Goods: Revival in transmission capex on the cards, we have started seeing a pickup in domestic T&D awarding with PGCIL being awarded 8 projects (4 projects in 9MFY23) on TBCB basis. We reiterate our positive stance on strong T&D ordering...
Buy KEC International Ltd For Target Rs540 - ICICI Securities
Buy KEC International Ltd For Target Rs540 - ICICI Securities
Source: ICICI Securities
4/04/2023 11:21:17 AM
Wood Sector Update: Weak quarter; EBITDA margin guidance moderated - JM Financial Institutional Securities Wood panel companies’ performance in 3QFY23 was muted with median revenue /EBITDA growth of 3%/-15% respectively on account of subdued demand due to festivals and sluggishness in home improvement activity coupled with rising MDF and particle board imports. The plywood segment (volume grew 3-7% YoY) outperformed the MDF segment (volumes declined 2-14% YoY), after a very long time, as rising MDF imports (+40% QoQ) impacted domestic players’ sales volume while unorganised plywood man...
Wood Sector Update: Weak quarter; EBITDA margin guidance moderated - JM Financial Institutional Securities
Wood Sector Update: Weak quarter; EBITDA margin guidance moderated - JM Financial Institutional Securities
Source: JM Financial Institutional Securities
28/03/2023 12:35:15 PM
Buy KEC International Ltd For Target Rs 471 - ICICI Securities On YTD basis, KEC International (KECI) has achieved an order intake of Rs210bn (+49% YoY) against our FY23 estimates of Rs200bn, led by growth across businesses. Interestingly, as indicated in our earlier note Capital Goods: Revival in transmission capex on the cards, we have started seeing a pickup in domestic T&D awarding with PGCIL being awarded 8 projects (4 projects in 9MFY23) on TBCB basis. We reiterate our positive stance on strong T&D ordering, sustaining for the next 4-5 year...
Buy KEC International Ltd For Target Rs 471 - ICICI Securities
Buy KEC International Ltd For Target Rs 471 - ICICI Securities
Source: ICICI Securities
28/03/2023 12:13:48 PM
KEC International gains on securing orders of Rs 1,560 crore KEC International is currently trading at Rs. 470.45, up by 3.25 points or 0.70% from its previous closing of Rs. 467.20 on the BSE. The scrip opened at Rs. 475.00 and has touched a high and low of Rs. 475.00 and Rs. 467.70 respectively. So far 1486 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood a...
KEC International gains on securing orders of Rs 1,560 crore
KEC International gains on securing orders of Rs 1,560 crore
Source: Accord Fintech
23/03/2023 2:41:51 PM
KEC International surges on bagging new orders of Rs 3,023 crore across various businesses KEC International is currently trading at Rs. 493.35, up by 18.15 points or 3.82% from its previous closing of Rs. 475.20 on the BSE. The scrip opened at Rs. 503.00 and has touched a high and low of Rs. 503.00 and Rs. 491.65 respectively. So far 13534 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 525.05 on 10-Jan-2023 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood...
KEC International surges on bagging new orders of Rs 3,023 crore across various businesses
KEC International surges on bagging new orders of Rs 3,023 crore across various businesses
Source: Accord Fintech
20/02/2023 10:07:55 AM
Accumulate KEC International Ltd For Target Rs.524 - Geojit Financial Services Healthy execution; margin recovery on cards KEC International Limited (KEC) is a global infrastructure Engineering, Procurement and Construction major. It has presence in the verticals of Power T&D (Transmission & Distribution), Cables, Railways and Water & Renewable. • KEC registered a healthy revenue growth of 31% YoY (above estimate), owing to strong execution in T&D segment by 39% YoY, and the Civil by 75% YoY while, railway, cable and solar business witnessed a...
Accumulate KEC International Ltd For Target Rs.524 - Geojit Financial Services
Accumulate KEC International Ltd For Target Rs.524 - Geojit Financial Services
Source: Geojit Financial Services Ltd
8/02/2023 5:11:49 PM
KEC International rises on securing new orders of Rs 1,131 crore across various businesses KEC International is currently trading at Rs. 463.90, up by 4.65 points or 1.01% from its previous closing of Rs. 459.25 on the BSE. The scrip opened at Rs. 468.05 and has touched a high and low of Rs. 469.30 and Rs. 462.65 respectively. So far 2028 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood a...
KEC International rises on securing new orders of Rs 1,131 crore across various businesses
KEC International rises on securing new orders of Rs 1,131 crore across various businesses
Source: Accord Fintech
31/01/2023 10:23:03 AM
Buy KEC International Ltd For Target Rs. 520 - Yes Securities Another quarter of disappointing margins Our view KEC International (KECI) reported a mixed set of numbers, with healthy topline growth across both T&D (7% YoY) and nonT&D segments such as Cables (10% YoY), and Civil (65% YoY). Despite robust gross margins, EBITDA margins remained under pressure owing to elevated freight costs, execution of legacy projects at adverse prices and SAE Brazil performance. Primarily due to a low base, order inflows grew 134% YoY. As on 2QFY23 order ...
Buy KEC International Ltd For Target Rs. 520 - Yes Securities
Buy KEC International Ltd For Target Rs. 520 - Yes Securities
Source: Yes Securities Ltd
5/01/2023 2:58:50 PM
Buy KEC International Ltd For Target Rs.598 - ICICI Direct Technical Outlook • Nifty Infra index hit a new high after previous year’s multi year breakout indicating structural uptrend. In the power infra space, one of our top recommendations is KEC, which is resolving out of a triangular consolidation pattern of past two years indicating resumption of uptrend • Structurally, share price has formed a strong base around 350-370 zone, which was earlier breakout level and rising 52-week average • We expect the stock price to...
Buy KEC International Ltd For Target Rs.598 - ICICI Direct
Buy KEC International Ltd For Target Rs.598 - ICICI Direct
Source: ICICI Direct Ltd
21/12/2022 11:53:43 AM
KEC International trades higher on the BSE KEC International is currently trading at Rs. 479.40, up by 1.95 points or 0.41 % from its previous closing of Rs. 477.45 on the BSE. The scrip opened at Rs. 478.10 and has touched a high and low of Rs. 483.40 and Rs. 477.60 respectively. So far 3748 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International trades higher on the BSE
KEC International trades higher on the BSE
Source: Accord Fintech
20/12/2022 12:28:47 PM
KEC International rises on securing new orders of Rs 1,313 crore across various businesses KEC International is currently trading at Rs. 481.75, up by 4.60 points or 0.96% from its previous closing of Rs. 477.15 on the BSE. The scrip opened at Rs. 486.50 and has touched a high and low of Rs. 486.50 and Rs. 480.95 respectively. So far 1267 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood a...
KEC International rises on securing new orders of Rs 1,313 crore across various businesses
KEC International rises on securing new orders of Rs 1,313 crore across various businesses
Source: Accord Fintech
19/12/2022 9:38:22 AM
KEC International shines on securing new orders of Rs 1,349 crore across various businesses KEC International is currently trading at Rs. 492.05, up by 23.95 points or 5.12% from its previous closing of Rs. 468.10 on the BSE. The scrip opened at Rs. 496.00 and has touched a high and low of Rs. 501.00 and Rs. 486.00 respectively. So far 706926 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stoo...
KEC International shines on securing new orders of Rs 1,349 crore across various businesses
KEC International shines on securing new orders of Rs 1,349 crore across various businesses
Source: Accord Fintech
13/12/2022 10:07:17 AM
Allied Digital Services rises on getting order of Rs 207.21 crore in consortium with KEC International Allied Digital Services is currently trading at Rs. 107.05, up by 1.10 points or 1.04% from its previous closing of Rs. 105.95 on the BSE. The scrip opened at Rs. 107.45 and has touched a high and low of Rs. 107.50 and Rs. 106.85 respectively. So far 629 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 176.00 on 10-Jan-2022 and a 52 week low of Rs. 95.00 on 03-Nov-2022. Last one week high and low of the scrip sto...
Allied Digital Services rises on getting order of Rs 207.21 crore in consortium with KEC International
Allied Digital Services rises on getting order of Rs 207.21 crore in consortium with KEC International
Source: Accord Fintech
22/11/2022 11:00:20 AM
Buy KEC International Ltd For Target Rs. 502 - ICICI Securities Margin improvement remains key KEC International’s (KEC) Q2FY23 revenue grew 13% YoY to ~Rs41bn, led by healthy execution across all segments barring railways. However, EBITDA margin at 4.4% (ISEC 6.4%) was impacted mainly by higher raw material and logistics cost, continued losses at SAE Towers and execution of low-margin legacy orders. However, given the reduction in commodity prices lately and completion of SAE’s loss legacy orders, margins are expected to improve gradually ...
Buy KEC International Ltd For Target Rs. 502 - ICICI Securities
Buy KEC International Ltd For Target Rs. 502 - ICICI Securities
Source: ICICI Securities Ltd
19/11/2022 11:21:15 AM
Buy KEC International Ltd For Target Rs.515 - ICICI Direct On cusp of recovery… About the stock: KEC International (KEC) is one of the EPC majors in key infrastructure sectors such as power T&D, railways, civil, urban infrastructure, solar, smart infrastructure, oil & gas pipelines and cables. * A strategic shift in portfolio from T&D to non-T&D (13% contribution in FY16 increased to 50% in FY22) * T&D diversified across countries with entry in ~20 countries in last five years Q2FY23 Results: KEC reported weak Q...
Buy KEC International Ltd For Target Rs.515 - ICICI Direct
Buy KEC International Ltd For Target Rs.515 - ICICI Direct
Source: ICICI Direct Ltd
17/11/2022 12:01:49 PM
KEC International zooms on securing orders of Rs 1,294 crore across various businesses KEC International is currently trading at Rs. 448.40, up by 18.50 points or 4.30% from its previous closing of Rs. 429.90 on the BSE. The scrip opened at Rs. 423.10 and has touched a high and low of Rs. 451.60 and Rs. 423.10 respectively. So far 30649 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 549.20 on 07-Feb-2022 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood...
KEC International zooms on securing orders of Rs 1,294 crore across various businesses
KEC International zooms on securing orders of Rs 1,294 crore across various businesses
Source: Accord Fintech
16/11/2022 2:25:31 PM
Buy KEC International Ltd For Target Rs.505 - Emkay Global Financial Services Margin drag continues * KEC International reported EBITDAM of 4.4% at the consolidated level, which was lower than our (5.5%) and consensus estimates. Standalone EBITDAM at 6.2% surprised negatively and was down 200bps QoQ, while margin impact due to SAE was largely known. This was on account of the impact of high-cost inventory, execution of some legacy projects at a faster pace, and issues around project execution in Afghanistan. Softening commodity prices will have a positive impact in ...
Buy KEC International Ltd For Target Rs.505 - Emkay Global Financial Services
Buy KEC International Ltd For Target Rs.505 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
11/11/2022 9:43:58 AM
KEC International surges on securing new orders of Rs 2,042 crore across various businesses KEC International is currently trading at Rs. 429.95, up by 6.30 points or 1.49% from its previous closing of Rs. 423.65 on the BSE. The scrip opened at Rs. 429.95 and has touched a high and low of Rs. 429.95 and Rs. 429.95 respectively. So far 435 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood at...
KEC International surges on securing new orders of Rs 2,042 crore across various businesses
KEC International surges on securing new orders of Rs 2,042 crore across various businesses
Source: Accord Fintech
25/10/2022 10:13:17 AM
KEC International soars on securing new orders of Rs 1,407 crore KEC International is currently trading at Rs. 458.30, up by 11.75 points or 2.63% from its previous closing of Rs. 446.55 on the BSE. The scrip opened at Rs. 466.20 and has touched a high and low of Rs. 469.00 and Rs. 456.95 respectively. So far 1428 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International soars on securing new orders of Rs 1,407 crore
KEC International soars on securing new orders of Rs 1,407 crore
Source: Accord Fintech
4/10/2022 9:49:09 AM
KEC International trades in green on the BSE KEC International is currently trading at Rs. 448.60, up by 0.80 points or 0.18% from its previous closing of Rs. 447.80 on the BSE. The scrip opened at Rs. 444.80 and has touched a high and low of Rs. 457.40 and Rs. 444.80 respectively. So far 22550 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International trades in green on the BSE
KEC International trades in green on the BSE
Source: Accord Fintech
23/09/2022 11:50:20 AM
KEC International rises on getting LoI from Gujarat Industries Power Company for Gujarat project KEC International is currently trading at Rs. 441.75, up by 3.50 points or 0.80% from its previous closing of Rs. 438.25 on the BSE. The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 449.75 and Rs. 439.25 respectively. So far 24166 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International rises on getting LoI from Gujarat Industries Power Company for Gujarat project
KEC International rises on getting LoI from Gujarat Industries Power Company for Gujarat project
Source: Accord Fintech
22/09/2022 12:19:24 PM
KEC International surges on securing new orders of Rs 1,123 crore KEC International is currently trading at Rs. 430.20, up by 5.95 points or 1.40% from its previous closing of Rs. 424.25 on the BSE. The scrip opened at Rs. 423.00 and has touched a high and low of Rs. 435.10 and Rs. 423.00 respectively. So far 24832 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood ...
KEC International surges on securing new orders of Rs 1,123 crore
KEC International surges on securing new orders of Rs 1,123 crore
Source: Accord Fintech
21/09/2022 11:46:07 AM
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities Robust orderbook, NWC to improve by Q4FY23 We met with KEC International’s (KECI) senior management at the RPG Annual Investor Conference 2022. Key takeaways: 1) T&D business contribution is likely to reduce to 20-25% in the long term from 50% in FY22; 2) profitability of SAE Towers is likely to return from Q1FY24 onward with Rs10bn in revenue and 7-8% EBITDA margin in FY24; 3) net working capital (NWC) days are likely to improve Q4FY23 onward driven by: i) easing of inventory re...
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities
Source: ICICI Securities Ltd
19/09/2022 9:52:53 AM
Buy KEC International Ltd For Target Rs.540 - Emkay Global Financial Services *  We recently interacted with the management of KEC International Limited (KEC). We gathered that FY24 would be a clean year as SAE Tower’s (SAE) losses would cease to exist and margin impact due to high commodity prices would recover to earlier times. * SAE Towers, which has been reporting losses for the past two years due to delays and high commodity costs, will likely complete the last leg of its EPC projects by Oct-Nov 2022. For FY24, management expects ~8% growth in SAE&rs...
Buy KEC International Ltd For Target Rs.540 - Emkay Global Financial Services
Buy KEC International Ltd For Target Rs.540 - Emkay Global Financial Services
Source: Emkay Global Financial Services Ltd
17/09/2022 11:11:52 AM
Buy KEC International Ltd For Target Rs.540 - ICICI Direct Poised for comeback About the stock: KEC International (KEC) is one of the EPC majors in key infrastructure sectors such as power T&D, railways, civil, urban infrastructure, solar, smart infrastructure, oil & gas pipelines and cables. * A strategic shift in portfolio from T&D to non-T&D (13% contribution in FY16 increased to 50% in FY22) * T&D diversified across countries with entry in ~20 countries in last five years Key Highlights of Analyst Meet   ...
Buy KEC International Ltd For Target Rs.540 - ICICI Direct
Buy KEC International Ltd For Target Rs.540 - ICICI Direct
Source: ICICI Direct Ltd
16/09/2022 2:52:14 PM
KEC International gains on securing new orders of Rs 1,108 crore KEC International is currently trading at Rs. 441.75, up by 12.40 points or 2.89% from its previous closing of Rs. 429.35 on the BSE. The scrip opened at Rs. 435.00 and has touched a high and low of Rs. 450.00 and Rs. 435.00 respectively. So far 49827 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood...
KEC International gains on securing new orders of Rs 1,108 crore
KEC International gains on securing new orders of Rs 1,108 crore
Source: Accord Fintech
14/09/2022 10:04:09 AM
KEC International to issue 3-month CP - traders  India's KEC International plans to raise funds selling commercial papers maturing in five months, three merchant bankers said on Friday. The company will offer a yield of 7.30% on this issue, and has received commitments worth around 500 million rupees ($6.27 million), they added. The notes, rated A1+ by ICRA, will mature at the end of January. ($1 = 79.7600 Indian rupees)
KEC International to issue 3-month CP - traders
KEC International to issue 3-month CP - traders
Source: Reuters
19/08/2022 3:46:56 PM
Buy KEC International Ltd For Target Rs.520- Yes Securities Margin pressure continues; H2 to see an uptick Our view KEC International (KECI)reported a mixed set of numbers, with healthy topline growth across both T&D (17% YoY) and non?T&D segments such as Cables (25% YoY), Railways (19% YoY) and Civil (99% YoY). Despite robust gross margins, EBITDA margins remained under pressure owing to elevated freight costs. On account of delay in order finalization and deferment in ordering particularly in T&D space, order inflows declined 21% Y...
Buy KEC International Ltd For Target Rs.520- Yes Securities
Buy KEC International Ltd For Target Rs.520- Yes Securities
Source: Yes Securities Ltd
18/08/2022 5:37:59 PM
KEC International inches up on securing new orders of Rs 1,313 crore across various businesses KEC International is currently trading at Rs. 396.70, up by 0.95 points or 0.24% from its previous closing of Rs. 395.75 on the BSE. The scrip opened at Rs. 395.75 and has touched a high and low of Rs. 400.95 and Rs. 395.75 respectively. So far 4456 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 550.00 on 26-Oct-2021 and a 52 week low of Rs. 345.15 on 12-May-2022. Last one week high and low of the scrip stood a...
KEC International inches up on securing new orders of Rs 1,313 crore across various businesses
KEC International inches up on securing new orders of Rs 1,313 crore across various businesses
Source: ACCCORD FINTECH
16/08/2022 10:09:07 AM
Buy KEC International Ltd For target Rs. 500 - Centrum Broking Ltd Weak quarter; unwinding of high NWC critical KEC International’s (KEC) Q1FY23 PAT at Rs310m was below estimate of Rs421m due to weak margins. EBITDA margins declined 120bps YoY to 5.1% (estimate: 6.4%) due to continued losses at SAE (EBITDA/PAT loss of Rs700m/Rs1bn) and higher input costs. KEC expects losses at SAE to cease upon completion of the balance one legacy projects in Oct-22 (four completed in Q1). NWC deteriorated to 148 days (137 days in Q4) while net debt (including accep...
Buy KEC International Ltd For target Rs. 500 - Centrum Broking Ltd
Buy KEC International Ltd For target Rs. 500 - Centrum Broking Ltd
Source: Centrum Broking Ltd
9/08/2022 11:03:35 AM
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities Impressive revenue growth; margins impacted KEC International’s (KEC) Q1FY23 revenue grew 31% YoY to Rs33bn, led by robust execution across all segments. YTD FY23 order inflows stood at Rs34.7bn, taking the order backlog to over Rs300bn (including L1 position of Rs80bn). Management expects ordering momentum to continue, mainly in T&D (international T&D, Ladakh HVDC and green energy corridor phase-II), civil, railways and oil & gas segments. The management indicated opport...
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities
Buy KEC International Ltd For Target Rs. 566 - ICICI Securities
Source: ICICI Securities Ltd
6/08/2022 1:46:28 PM
Hold KEC International Ltd For Target Rs.475 - ICICI Direct Weak margins drag show… About the stock: KEC International (KEC) is one of the EPC majors in key infrastructure sectors such as power T&D, railways, civil, urban infrastructure, solar, smart infrastructure, oil & gas pipelines and cables. * A strategic shift in portfolio from T&D to non-T&D (13% contribution in FY16 increased to 50% in FY22) * T&D diversified across countries with entry in ~20 countries in last five years   Q1FY23 Results: KEC re...
Hold KEC International Ltd For Target Rs.475 - ICICI Direct
Hold KEC International Ltd For Target Rs.475 - ICICI Direct
Source: ICICI Direct
5/08/2022 11:54:38 AM
KEC International Lt Q1 net profit down 3.20% at Rs 100.29 cr The company reported standalone net profit of Rs 100.29 crore for the quarter ended June 30, 2022 as compared to Rs 103.61 crore in the same period last year, registering a year-on-year decline of 3.20 per cent. Net revenue of the company rose substantially by 21.86 per cent at Rs 2,848.64 crore in April-June quarter of this fiscal as against Rs 2,337.57 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 23.80 per cent to Rs 2,615.12 cro...
KEC International Lt Q1 net profit down 3.20% at Rs 100.29 cr
KEC International Lt Q1 net profit down 3.20% at Rs 100.29 cr
Source: Dion Global Solutions Ltd
4/08/2022 10:31:35 AM