Moneycontrol Be a Pro
Get App
Last Updated : Mar 20, 2019 04:25 PM IST | Source:

Buy KEC International; target of Rs 375: Sharekhan

Sharekhan is bullish on KEC International has recommended buy rating on the stock with a target price of Rs 375 in its research report dated March 13, 2019.

Broker Research @moneycontrolcom
  • bselive
  • nselive
Todays L/H

Sharekhan's research report on KEC International

Order backlog remains strong (2x TTM) and order inflow visibility remains healthy in international T&D and railways. Introduced FY2021E numbers and expect revenue and earnings CAGR of 15% and 17%, respectively, over FY2018-FY2021E.


We maintain our Buy rating on the stock of KEC International Limited (KEC) with a revised price target of Rs. 375, factoring strong execution on an all-time high order book for FY2019-FY2021E.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on are their own, and not that of the website or its management. advises users to check with certified experts before taking any investment decisions.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Mar 20, 2019 04:25 pm
Follow us on
Available On
PCI DSS Compliant