Stock Market

Buy KEC International, price target Rs 312: Dharmesh Shah

   Download Android App    Share in      FullScreen   CheckVideos

Dharmesh Shah of ICICI Direct has a buy call on KEC International Ltd.

with a target price of Rs 312.0 .

The current price of KEC International Ltd.

is Rs 293.75 .

Dharmesh Shah recommended to keep a stoploss at Rs 283 .

KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 7551.97 Crore) operating in Power sector.

KEC International Ltd.

key Products/Revenue Segments include Income from Eng.Construction Contracts which contributed Rs 8922.49 Crore to Sales Value (88.18 % of Total Sales), Cables which contributed Rs 915.19 Crore to Sales Value (9.04 % of Total Sales), Scrap which contributed Rs 114.65 Crore to Sales Value (1.13 % of Total Sales), Towers - Structurals which contributed Rs 73.07 Crore to Sales Value (0.72 % of Total Sales), Export Incentives which contributed Rs 59.20 Crore to Sales Value (0.58 % of Total Sales), Sale of services which contributed Rs 29.21 Crore to Sales Value (0.28 % of Total Sales), Other Operating Revenue which contributed Rs 3.99 Crore to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 2808.81 Crore, up 16.43 % from last quarter Sales of Rs 2412.45 Crore and up 16.62 % from last year same quarter Sales of Rs 2408.45 Crore Company has reported net profit after tax of Rs 139.12 Crore in latest quarter.

The company’s top management includes Mr.A T Vaswani, Mr.D G Piramal, Mr.G L Mirchandani, Mr.H V Goenka, Mr.M S Unnikrishnan, Mr.Ramesh D Chandak, Mr.S M Kulkarni, Mr.S M Trehan, Mr.Vikram S Gandhi, Mr.Vimal Kejriwal, Ms.Nirupama Rao.

Company has Price Waterhouse Chartered Accountants LLP as its auditoRs As on 30-09-2019, the company has a total of 257,088,370 shares outstanding.




Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021

Buy Our Merchandise (Peace Series)

 

Contribute US to Start Broadcasting


It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm

STRIPE

Details
Category: Stock Market


21