K E C International Ltd Share Price (KEC)

K E C International Receives Tax Notices - 28 Sep, 2023

K E C International Ltd has received tax notices amounting to Rs 20.9 crore from various GST authorities.

K E C International Ltd benefits from surge in power sector - 25 Sep, 2023

Jefferies reports that KEC International is one of the beneficiaries of the recent surge in the power sector, along with other companies such as Apar Industries, Kalpataru Projects International, L&T, PFC, REC, and Siemens.

KEC International Secures New Orders Worth Rs 1,012 Crore - 13 Sep, 2023

KEC International Ltd's share price surges over 12% to a new all-time high after securing new orders worth Rs 1,012 crore across various business segments. However, it has been volatile and lagging behind the sector.

KEC International Secures New Orders Worth Rs. 1,012 Crores - 12 Sep, 2023

KEC International Ltd has secured new orders worth Rs. 1,012 crores across its various businesses from clients in India and Americas.

K E C International Ltd Stock Shows Bullish Breakout - 30 Aug, 2023

The stock has broken out of a triangular pattern on the daily timeframe with significant trading volume. It retraced to test its previous breakout point before initiating an upward movement targeting Rs 700, maintaining a solid overall structure by trading above key moving averages.

KEC International's Order Book Stands at Rs 30,125 Crore - 24 Aug, 2023

KEC International's order book as of June 30, 2023, stood at Rs 30,125 crore with a growth of 29.6% YoY in Q1FY24. The company clocked revenue of Rs 17,281.71 crore in FY23, exhibiting a growth of 25.8%. Working capital requirement has been elevated due to fixed priced contracts and delay in collection of receivables related to railways projects. 'Hold' rating maintained with target price of Rs 602.

KEC International Secures New Orders Worth Rs 1,007 Crore - 21 Aug, 2023

KEC International Ltd has secured new orders worth Rs 1,007 crore across its various businesses, including civil, transmission & distribution, and cables. The YTD order intake stands at a record level of over Rs 5,500 crore.

KEC International Secures New Orders Worth Rs 1,007 Crore - 18 Aug, 2023

K E C International Ltd has secured new orders worth Rs 1,007 crore across its civil, transmission and distribution, and cables business verticals. The company's year-to-date order intake now stands at over Rs 5,500 crore.

KEC Reports Strong Q1FY24 Results and Record Order Book - 16 Aug, 2023

KEC International Ltd's Q1FY24 revenue grew by 28% YoY, EBITDA margin expanded to 5.8%, and order book reached a record level of over Rs.35,000cr. Kirloskar Electric Company shares generated a massive return of 155.5% over the last one year.

K E C International Ltd's Medium-Term Outlook Improves - 14 Aug, 2023

The T&D segment is expected to drive growth higher due to a strong capex cycle over the next 6-7 years. Quarterly performance backed by improved realisations, and medium-term triggers China plus and protectionist measures for tyre industry. Valuations not inexpensive but improving execution leads to higher revenue growth.

KEC International's Rival Posts Strong Q1 Profit - 11 Aug, 2023

Rival company KEC International posted a bigger-than-expected rise in Q1 profit on strong infrastructure demand.

KEC International Upgraded to Buy - 10 Aug, 2023

KEC International's Q1FY24 performance was strong on sales and operating profit fronts, with a strong order book of Rs. 35,000 crore. Interest costs may decrease, but debt levels may be elevated due to working capital requirements. KEC has been upgraded to Buy from Hold with a revised PT of Rs. 770.

KEC International Delivers Strong Q1 FY24 Results - 09 Aug, 2023

KEC International reports 28% YoY revenue growth, with order inflows of Rs45bn and an order book of Rs301bn. Despite higher interest costs, management reiterates FY24 guidance. Analysts maintain HOLD rating.

KEC International Q1FY24 Revenue and EBITDA Beat Estimates - 08 Aug, 2023

KEC International Ltd reported better-than-expected revenue, EBITDA, and APAT for Q1FY24. The company won orders worth INR 45bn in FYTD24, with an order book of INR 350bn as of Jun'23. However, the consolidated net debt remains a concern. KEC reiterated its FY24 revenue guidance of INR 200bn with an EBITDA margin of ~7%.

KEC International Reports Strong Q1FY24 Results - 07 Aug, 2023

KEC International reported a YoY revenue growth of 27.9% and EBITDA margins expansion to 5.8%. Management maintained its FY24 guidance for revenue of ~Rs200bn with EBITDA margin of ~7% and order inflows of Rs250bn. The stock is currently trading at PE of 32.1x/15.3x FY24/25E. Analysts revise TP to Rs645 (Rs578 earlier) but change rating to 'Hold' from Accumulate.

KEC International Posts Strong Q1 Results and Secures New Orders - 04 Aug, 2023

KEC International Ltd posted a consolidated profit of Rs 42.3 crore for Q1FY24, with revenue rising 27.9% YoY to Rs 4,244 crore. The company also secured new orders worth Rs 1,065 crore.

KEC International Q1 Profit Rises 36.5% - 03 Aug, 2023

RPG Group's flagship company, KEC International Ltd, reported a consolidated profit of Rs 423.3 million ($5.11 million) in Q1, up by 36.5% YoY, driven by strong infrastructure demand. Revenue rose 27.9% YoY to Rs 42.44 billion.

KEC International Forms New 52-Week High - 02 Aug, 2023

KEC International Ltd's stock formed a new 52-week high near the 699 level, with potential for further bullish momentum if breached above 650 and support at 620.

KEC International Lists New Securities and Declares Dividend - 25 Jul, 2023

KEC International Ltd has listed new securities in the form of Commercial Paper on BSE Debt segment and declared a dividend of Rs 3 per equity share.

KEC Reports Strong Order Inflows and Ex-Dividend Trading Date Announced - 21 Jul, 2023

KEC International Ltd reported robust inflows of about Rs 3,400 crore in Q1 FY24 and announced an upcoming dividend of ₹3.00 per share.