INSUBCONTINENT EXCLUSIVE:
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
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
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
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
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