|
20 Sep 2025 |
KEC International
|
Consensus Share Price Target
|
866.10 |
975.63 |
- |
12.65 |
buy
|
|
|
|
|
15 Sep 2022
|
KEC International
|
ICICI Securities Limited
|
866.10
|
566.00
|
435.45
(98.90%)
|
Target met |
Buy
|
|
|
We met with KEC International’s (KECI) senior management at the RPG Annual Investor Conference 2022.
|
|
14 Sep 2022
|
KEC International
|
Prabhudas Lilladhar
|
866.10
|
473.00
|
450.75
(92.15%)
|
Target met |
Accumulate
|
|
|
|
|
14 Sep 2022
|
KEC International
|
BOB Capital Markets Ltd.
|
866.10
|
|
435.45
(98.90%)
|
|
Not Rated
|
|
|
FY23 order inflow (+15% YoY) and margin guidance remains broadly unchanged
|
|
30 Aug 2022
|
KEC International
|
CD Equisearch
|
866.10
|
374.00
|
406.75
(112.93%)
|
|
Hold
|
|
|
|
|
12 Aug 2022
|
KEC International
|
Geojit BNP Paribas
|
866.10
|
435.00
|
393.25
(120.24%)
|
Target met |
Accumulate
|
|
|
|
|
10 Aug 2022
|
KEC International
|
Chola Wealth Direct
|
866.10
|
460.00
|
393.25
(120.24%)
|
Target met |
Buy
|
|
|
|
|
05 Aug 2022
|
KEC International
|
Axis Direct
|
866.10
|
420.00
|
424.00
(104.27%)
|
Target met |
Hold
|
|
|
We value KEC International at 12.5x FY24E EPS to arrive at a target price of Rs 420/share (Rs.400 earlier) implying a downside of 4% from the CMP and maintain our HOLD rating on the stock.
|
|
05 Aug 2022
|
KEC International
|
ICICI Securities Limited
|
866.10
|
566.00
|
444.00
(95.07%)
|
Target met |
Buy
|
|
|
KEC International’s (KEC) Q1FY23 revenue grew 31% YoY to Rs33bn, led by robust execution across all segments. YTD FY23 order inflows stood at Rs34.7bn, taking the order backlog to over Rs300bn (including L1 position of Rs80bn). Management expects ordering momentum to continue, mainly in T&D (international T&D, Ladakh HVDC and green energy corridor phase-II), civil, railways and oil & gas segments.
|
|
04 Aug 2022
|
KEC International
|
ICICI Direct
|
866.10
|
475.00
|
444.00
(95.07%)
|
Target met |
Hold
|
|
|
|
|
04 Jul 2022
|
KEC International
|
ICICI Securities Limited
|
866.10
|
502.00
|
387.95
(123.25%)
|
Target met |
Buy
|
|
|
KEC International’s FY22 revenue grew 5% to Rs137bn, led by growth in civil, railways and cables businesses. Execution was impacted by covid-related challenges, political unrest in Afghanistan, temporary suspension of construction activity in Delhi due to environmental restrictions and elevated commodity prices.
|