If you invest in the stock market, then you should have every information about business and news related to the stock market. If you get the necessary information related to a share on time, then you can easily plan your next move according to that information. For example, the company whose shares we are talking about today has recently received an order worth Rs 1040 crore from abroad. Since this order, the company’s shares have become a rocket.
which company is it
The share we are talking about is KEC International Share. Recently this company has received an order worth Rs 1040 crore. According to this order, the company has to supply towers, hardware and poles in America. Apart from this, this company has also got the work of 220 kilowatt transmission lines.
Apart from this, this company also got work worth Rs 1704 crore from Turkey last week. KEC International got the work of transmission and distribution here. According to this order, KEC company got the work of designing, supply and installation of 765 kilowatt transmission lines here.
Brokerage houses are also bullish about the company
Brokerage houses are also bullish on KEC International. Brokerage house Sherkhan had given buy tag to the stock after the order received from Turkey. Along with this, Sherkhan had also set a target price of Rs 1250. The share has hit this target price today. By the time the market closed on Wednesday, this share was trading at Rs 1263.
How are the company’s fundamentals?
Talking about the fundamentals of KEC International, its market cap on Wednesday was Rs 32,902 crore. Stock PE is 78 and book value of this share is Rs 190. The ROCE of the company is 16.0 percent. Whereas, if we talk about ROE, it is 8.80 percent. The face value of the share is Rs 2. Talking about 52 week high of the share, it is 1313. Whereas, if we talk about its 52 week low, it is 586.
Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)
Also read: Multibagger Stock: Rs 1,000 turned into Rs 6 crore in 6 months, this multibagger stock is still trading far below its true value.
