AgenciesICICI Securities has buy call on KEC International with a target price of Rs 435. The current market price of KEC International Ltd. is Rs 373.75.
KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 9608.68 Crore) operating in Power sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3257.67 Crore, up 47.62 % from last quarter Sales of Rs 2206.76 Crore and up 15.98 % from last year same quarter Sales of Rs 2808.81 Crore Company reported net profit after tax of Rs 142.55 Crore in latest quarter.
Promoters held 51.7 per cent stake in the company as of June 30, 2020, while FIIs held 13.7 per cent, DIIs 22.8 per cent and public and others 11.8 per cent.
KEC International Ltd., incorporated in the year 2005, is a Mid Cap company (having a market cap of Rs 9608.68 Crore) operating in Power sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3257.67 Crore, up 47.62 % from last quarter Sales of Rs 2206.76 Crore and up 15.98 % from last year same quarter Sales of Rs 2808.81 Crore Company reported net profit after tax of Rs 142.55 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 51.7 per cent stake in the company as of June 30, 2020, while FIIs held 13.7 per cent, DIIs 22.8 per cent and public and others 11.8 per cent.
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