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Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd Performance impacted by lower margin and higher interest cost KEC International Ltd (KECI)’s results were a mixed bag with in-line revenue being offset by a PAT miss. Revenue growth could have been higher; however, it was impacted by labor shortage and heavy monsoons in certain states. YTD order inflows jumped 50% YoY to INR134.8b, taking the order book to INR340.9b, up 9% YoY. For 1HFY25, the company reported revenue/EBITDA/PAT growth of 10%/14%/76% while for 2HFY25, we expect the s...
Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Neutral KEC International Ltd For Target Rs.900 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2024-11-19 03:10:24 pm
Add KEC International Ltd For Target Rs. 1,050 By Emkay Global Financial Services Cables business value unlocking on the cards KEC’s robust order inflows (FY25 YTD: +80%YoY at ~Rs100bn; +L1 position of Rs80bn) provide a strong base for attaining management’s FY25 inflow guidance of Rs250bn (~40% target already accomplished). With an all-time high order backlog, coupled with a substantial tender pipeline of ~Rs1.5trn, KEC is well-positioned to log sustained growth in coming years. BoD-approved fundraise of ~Rs60bn (QIP/NCD: Rs45bn/Rs15bn) toward exploring org...
Add KEC International Ltd For Target Rs. 1,050 By Emkay Global Financial Services
Add KEC International Ltd For Target Rs. 1,050 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-09-23 11:21:02 am
KEC International rises on winning orders of Rs 1,003 crore KEC International is currently trading at Rs. 951.55, up by 8.90 points or 0.94% from its previous closing of Rs. 942.65 on the BSE. The scrip opened at Rs. 971.95 and has touched a high and low of Rs. 972.15 and Rs. 948.50 respectively. So far 10572 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1039.00 on 06-Sep-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023. Last one week high and low of the scrip stood...
KEC International rises on winning orders of Rs 1,003 crore
KEC International rises on winning orders of Rs 1,003 crore
Source: Accord Fintech
2024-09-23 09:38:47 am
KEC International surges on bagging new orders worth Rs 1,171 crore in Middle East KEC International is currently trading at Rs. 912.90, up by 45.60 points or 5.26% from its previous closing of Rs. 867.30 on the BSE. The scrip opened at Rs. 897.85 and has touched a high and low of Rs. 920.00 and Rs. 883.00 respectively. So far 878 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jul-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023. Last one week high and low of the scrip stood a...
KEC International surges on bagging new orders worth Rs 1,171 crore in Middle East
KEC International surges on bagging new orders worth Rs 1,171 crore in Middle East
Source: Accord Fintech
2024-08-29 10:00:24 am
Add KEC International Ltd For Target Rs. 950 By Emkay Global Financial Services Good quarter amid lower expectation and base We maintain our ADD rating on KEC International and TP of Rs950/share (unchanged). Despite a challenging environment, order inflow growth has been robust (+70% YoY), led by T&D, civil, and renewables. The management has maintained FY25 guidance of Rs250bn, supported by its robust L1 position and tender pipeline (Rs1.5trn) across businesses. In Q1, KEC faced challenges related to heat waves, the general elections, and supply chain which we be...
Add KEC International Ltd For Target Rs. 950 By Emkay Global Financial Services
Add KEC International Ltd For Target Rs. 950 By Emkay Global Financial Services
Source: Emkay Global Financial Services
2024-08-19 05:09:59 pm
Accumulate KEC International Ltd For Target Rs..1,019 By Geojit Financial Services Ltd Strong order pipeline aid outlook... 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 Q1FY25, KEC’s order inflow grew by 70% YoY, aided by robust orders from domestic T&D (194% YoY) and SAE (70% YoY) business. • The order book + L1 remains healthy at Rs.42,000cr, and KEC expect...
Accumulate KEC International Ltd For Target Rs..1,019 By Geojit Financial Services Ltd
Accumulate KEC International Ltd For Target Rs..1,019 By Geojit Financial Services Ltd
Source: Geojit Financial Services
2024-08-01 05:15:34 pm
KEC International rises on getting nod to raise funds up to Rs 4,500 crore KEC International is currently trading at Rs. 895.05, up by 15.00 points or 1.70% from its previous closing of Rs. 880.05 on the BSE. The scrip opened at Rs. 882.05 and has touched a high and low of Rs. 905.70 and Rs. 882.05 respectively. So far 6169 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jul-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023. Last one week high and low of the scrip stood ...
KEC International rises on getting nod to raise funds up to Rs 4,500 crore
KEC International rises on getting nod to raise funds up to Rs 4,500 crore
Source: Accord Fintech
2024-07-29 09:48:25 am
KEC International surges on securing orders of Rs 1,100 crore KEC International is currently trading at Rs. 905.85, up by 18.50 points or 2.08% from its previous closing of Rs. 887.35 on the BSE. The scrip opened at Rs. 927.65 and has touched a high and low of Rs. 940.00 and Rs. 905.10 respectively. So far 98656 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jul-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023. Last one week high and low of the scrip stood...
KEC International surges on securing orders of Rs 1,100 crore
KEC International surges on securing orders of Rs 1,100 crore
Source: Accord Fintech
2024-07-18 12:01:59 pm
Neutral KEC International Ltd for Target Rs.710 By Motilal Oswal Financial Services Pipeline remains strong KECI in its annual analyst meet highlighted a strong addressable market for T&D and improving opportunities for the civil segment. The company is continuously focusing on profitable growth and targeting reduction in NWC cycle on improved collections. We expect KECI to continue to benefit from the prospect pipeline in T&D and thus, maintain our estimates. We retain our Neutral rating on the stock with a TP of INR710, based on 18x two-year forward earnings. ...
Neutral KEC International Ltd for Target Rs.710 By Motilal Oswal Financial Services
Neutral KEC International Ltd for Target Rs.710 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-07-04 12:02:44 pm
KEC International jumps on securing new orders worth Rs 1,017 crore KEC International is currently trading at Rs. 951.20, up by 48.50 points or 5.37% from its previous closing of Rs. 902.70 on the BSE. The scrip opened at Rs. 940.05 and has touched a high and low of Rs. 968.20 and Rs. 940.05 respectively. So far 160748 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 968.20 on 03-Jun-2024 and a 52 week low of Rs. 551.00 on 08-Nov-2023. Last one week high and low of the scrip stoo...
KEC International jumps on securing new orders worth Rs 1,017 crore
KEC International jumps on securing new orders worth Rs 1,017 crore
Source: Accord Fintech
2024-07-03 11:30:31 am
Neutral KEC International Ltd. For Target Rs. 710 - Motilal Oswal Financial Services In-line results KEC International (KEC)’s results were largely in line with expectations on revenue/EBITDA/PAT for the quarter and full year FY24. Revenue worth INR4- 5b was deferred due to supply chain disruptions involving transformers, conductors, and DI pipes, thereby adversely impacting revenues in the T&D and Civil segment. Net working capital cycle has come down for the company on better collections from projects stuck in Afghanistan. Net debt adjusted with acceptances as ...
Neutral KEC International Ltd. For Target Rs. 710 - Motilal Oswal Financial Services
Neutral KEC International Ltd. For Target Rs. 710 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-21 03:33:44 pm
KEC International surges on securing orders of Rs 1,061 crore across various businesses KEC International is currently trading at Rs. 800.40, up by 32.55 points or 4.24% from its previous closing of Rs. 767.85 on the BSE. The scrip opened at Rs. 817.90 and has touched a high and low of Rs. 824.55 and Rs. 791.60 respectively. So far 12744 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.25 on 04-Apr-2024 and a 52 week low of Rs. 526.05 on 09-Jun-2023. Last one week high and low of the scrip stood...
KEC International surges on securing orders of Rs 1,061 crore across various businesses
KEC International surges on securing orders of Rs 1,061 crore across various businesses
Source: Accord Fintech
2024-06-10 09:55:22 am
KEC International shines on securing orders worth Rs 1,002 crore in Civil business KEC International is currently trading at Rs. 717.00, up by 19.60 points or 2.81% from its previous closing of Rs. 697.40 on the BSE. The scrip opened at Rs. 715.30 and has touched a high and low of Rs. 742.80 and Rs. 700.00 respectively. So far 13453 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.25 on 04-Apr-2024 and a 52 week low of Rs. 523.40 on 07-Jun-2023. Last one week high and low of the scrip stood...
KEC International shines on securing orders worth Rs 1,002 crore in Civil business
KEC International shines on securing orders worth Rs 1,002 crore in Civil business
Source: Accord Fintech
2024-06-05 10:41:22 am
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital Margin improvement led by T&D FY25E EBITDA margin may increase 140bps YoY KEC International (KECI IN) expects revenue from Transmission & Distribution (T&D contributed 47% to FY24 revenue) to grow >20% in FY25 (23% growth in FY24) – the domestic business is targeted to grow by 30-40%. Increasing power demand with T&D capex (to evacuate renewable capacity) may drive domestic growth. Expect the tender pipeline to rise to INR 600-700bn in FY25 from prior range of I...
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital
Accumulate KEC International Ltd For Target Rs. 810 - Elara Capital
Source: Elara Capital
2024-05-18 11:20:22 am
Accumulate KEC International Ltd. For Target Rs.833 By Geojit Financial Services Ltd T&D segment aided top-line and margins... 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. * KEC reported the highest ever revenue in Q4FY24 with a growth of 11.6% YoY, led by strong execution in the T&D business by 25% YoY and SAE segment by 19% YoY. * EBITDA margin expanded by 116bps YoY to 6...
Accumulate KEC International Ltd. For Target Rs.833 By Geojit Financial Services Ltd
Accumulate KEC International Ltd. For Target Rs.833 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-05-16 10:20:28 am
KEC International shines on securing new orders worth Rs 1,036 crore KEC International is currently trading at Rs. 758.40, up by 27.05 points or 3.70% from its previous closing of Rs. 731.35 on the BSE. The scrip opened at Rs. 763.85 and has touched a high and low of Rs. 778.60 and Rs. 752.85 respectively. So far 16906 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 838.25 on 04-Apr-2024 and a 52 week low of Rs. 458.75 on 12-May-2023. Last one week high and low of the scrip stood...
KEC International shines on securing new orders worth Rs 1,036 crore
KEC International shines on securing new orders worth Rs 1,036 crore
Source: Accord Fintech
2024-04-30 10:01:02 am
KEC International zooms on securing new orders of Rs 816 crore KEC International is currently trading at Rs. 833.95, up by 105.40 points or 14.47% from its previous closing of Rs. 728.55 on the BSE. The scrip opened at Rs. 757.05 and has touched a high and low of Rs. 836.85 and Rs. 757.05 respectively. So far 76306 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 836.85 on 04-Apr-2024 and a 52 week low of Rs. 446.05 on 05-Apr-2023. Last one week high and low of the scrip sto...
KEC International zooms on securing new orders of Rs 816 crore
KEC International zooms on securing new orders of Rs 816 crore
Source: Accord Fintech
2024-04-04 10:36:51 am
KEC International rises on securing new orders worth Rs 2,257 crore KEC International is currently trading at Rs. 694.15, up by 4.45 points or 0.65% from its previous closing of Rs. 689.70 on the BSE. The scrip opened at Rs. 701.00 and has touched a high and low of Rs. 710.35 and Rs. 687.00 respectively. So far 20703 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 769.00 on 11-Mar-2024 and a 52 week low of Rs. 443.25 on 29-Mar-2023. Last one week high and low of the scrip stood ...
KEC International rises on securing new orders worth Rs 2,257 crore
KEC International rises on securing new orders worth Rs 2,257 crore
Source: Accord Fintech
2024-03-14 11:23:52 am
Honeywell Automation India`s Q3 profit jumps on infrastructure spending boost Engineering firm Honeywell Automation India reported a 20.6% jump in third-quarter profit on Thursday, helped by a surge in government spending on infrastructure. Profit at the Indian arm of U.S.conglomerate Honeywell International was 1.28 billion rupees ($15.4 million) for the three months ended Dec. 31, compared with 1.06 billion rupees a year earlier. The surge in infrastructure spending ahead of the Indian general elections due by May has buoyed the performance of engineering and c...
Honeywell Automation India`s Q3 profit jumps on infrastructure spending boost
Honeywell Automation India`s Q3 profit jumps on infrastructure spending boost
Source: Reuters
2024-02-09 11:05:53 am
Indian engineering firm Thermax`s Q3 profit rises on strong industrial demand Indian engineering company Thermax reported an 11% year-on-year rise in third-quarter profit on Thursday, helped by strong demand for its industrial products. Consolidated profit before tax and exceptional items rose to 1.83 billion rupees ($22.1 million) in the three months ended Dec. 31, from 1.65 billion rupees a year ago. Engineering companies in India have been benefitting from the government's push on infrastructure, clean energy and indigenisation through increased capex and ...
Indian engineering firm Thermax`s Q3 profit rises on strong industrial demand
Indian engineering firm Thermax`s Q3 profit rises on strong industrial demand
Source: Reuters
2024-02-08 03:27:40 pm
KEC International shines on securing new orders worth Rs 1,175 crore KEC International is currently trading at Rs. 671.55, up by 20.70 points or 3.18% from its previous closing of Rs. 650.85 on the BSE. The scrip opened at Rs. 685.45 and has touched a high and low of Rs. 685.45 and Rs. 668.35 respectively. So far 27792 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 442.80 on 28-Feb-2023. Last one week high and low of the scrip stood...
KEC International shines on securing new orders worth Rs 1,175 crore
KEC International shines on securing new orders worth Rs 1,175 crore
Source: Accord Fintech
2024-02-08 10:41:23 am
KEC International soars on securing orders of Rs 1,304 crore KEC International is currently trading at Rs. 635.80, up by 12.90 points or 2.07% from its previous closing of Rs. 622.90 on the BSE. The scrip opened at Rs. 640.85 and has touched a high and low of Rs. 643.75 and Rs. 632.50 respectively. So far 7454 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 437.95 on 01-Feb-2023. Last one week high and low of the scrip stood ...
KEC International soars on securing orders of Rs 1,304 crore
KEC International soars on securing orders of Rs 1,304 crore
Source: Accord Fintech
2024-01-30 11:11:42 am
Buy KEC International Ltd For Target Rs. 740 - Yes Securities Interest Cost and Railways play spoil sport Our view KEC International (KECI) reported weak print with a higher than anticipated interest cost and weakness in Railways business spoiling the show even as the company could deliver margin in line with guidance. A supply chain led slowdown in execution in T&D business is expected to be transient while pain in Railways business is expected to continue given increased competition from Tier-2/3 players impacting bidding margin. Civil conti...
Buy KEC International Ltd For Target Rs. 740 - Yes Securities
Buy KEC International Ltd For Target Rs. 740 - Yes Securities
Source: Yes Securities Ltd
2023-11-24 12:27:08 pm
KEC International shines on bagging new orders worth Rs 1,005 crore KEC International is currently trading at Rs. 611.00, up by 11.65 points or 1.94% from its previous closing of Rs. 599.35 on the BSE. The scrip opened at Rs. 615.05 and has touched a high and low of Rs. 627.00 and Rs. 609.05 respectively. So far 13419 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 411.75 on 21-Nov-2022. Last one week high and low of the scrip stood...
KEC International shines on bagging new orders worth Rs 1,005 crore
KEC International shines on bagging new orders worth Rs 1,005 crore
Source: Accord Fintech
2023-11-21 10:17:31 am
Small Cap : Accumulate KEC International Ltd For Target Rs. 640 - Geojit Financial Margin recovery on cards... 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 Q2FY24, KEC reported a revenue growth of 11% YoY led by strong execution in civil business by 42% YoY and SAE tower segment by 51% YoY. • EBITDA margin expanded by 172bps YoY to 6.1% in Q1FY24 owing to higher ex...
Small Cap : Accumulate KEC International Ltd For Target Rs. 640 - Geojit Financial
Small Cap : Accumulate KEC International Ltd For Target Rs. 640 - Geojit Financial
Source: Geojit Financial Services
2023-11-13 02:20:24 pm
Add KEC International Ltd For Target Rs.625 - Centrum Broking Ltd Execution and margin in-line; High interest cost dents PAT KECI’s consolidated sales grew 11% YoY to Rs45bn, 3% below our estimate. Growth was led by SAE towers (+51% YoY to Rs3.3bn) and Civil segment (+42% YoY to Rs10.5bn). EBITDA grew 54% YoY to Rs2.7bn on a low base, leading to EBITDA margin of 6.1%, up 170bps YoY/30bps QoQ and in-line with our estimate. Higher interest cost (up 39% YoY to Rs1.8bn, forming 4% of sales vs. 3.1% YoY due to steep rise in cost of borrowing and higher ...
Add KEC International Ltd For Target Rs.625 - Centrum Broking Ltd
Add KEC International Ltd For Target Rs.625 - Centrum Broking Ltd
Source: Centrum Broking Limited
2023-11-09 12:33:21 pm
KEC International shines on securing orders of Rs 1,315 crore across various businesses KEC International is currently trading at Rs. 668.00, up by 15.75 points or 2.41% from its previous closing of Rs. 652.25 on the BSE.The scrip opened at Rs. 673.15 and has touched a high and low of Rs. 685.00 and Rs. 666.45 respectively. So far 24501 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 405.20 on 14-Nov-2022.Last one week high and low of the scrip stood at Rs. 685.00 and R...
KEC International shines on securing orders of Rs 1,315 crore across various businesses
KEC International shines on securing orders of Rs 1,315 crore across various businesses
Source: Accord Fintech
2023-10-17 10:28:34 am
KEC International moves higher on securing new orders worth Rs 1,012 crore across various businesses KEC International is currently trading at Rs. 700.55, up by 36.15 points or 5.44% from its previous closing of Rs. 664.40 on the BSE.The scrip opened at Rs. 698.05 and has touched a high and low of Rs. 739.00 and Rs. 692.00 respectively. So far 108452 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 739.00 on 13-Sep-2023 and a 52 week low of Rs. 405.20 on 14-Nov-2022.Last one week high and low of the scrip stood at Rs. 739.00 and ...
KEC International moves higher on securing new orders worth Rs 1,012 crore across various businesses
KEC International moves higher on securing new orders worth Rs 1,012 crore across various businesses
Source: Accord Fintech
2023-09-13 11:18:47am