If you invest in the stock market, then you should have all the information about the news related to business and share 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 share we are talking about today has recently received an order of 1040 crores from abroad. Since this order, the company's share has become a rocket.
which company is it
The share we are talking about is KEC International Share. Recently this company has received an order of 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, last week this company also got work worth 1704 crores from Turkey. 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 about KEC International. Brokerage house Sherkhan gave the stock a buy tag after receiving an order from Turkiye. Along with this, Sherkhan also set a target price of Rs 1250. The stock has hit this target price today. By the time the market closed on Wednesday, the stock was trading at Rs 1263.
How are the fundamentals of the company
Talking about the fundamentals of KEC International, its market cap on Wednesday was Rs 32,902 crore. The stock PE is 78 and the book value of this stock is Rs 190. The company's ROCE is 16.0 percent. Whereas, if we talk about ROE, it is 8.80 percent. The face value of the stock is Rs 2. Talking about the 52 week high of the stock, it is 1313. Whereas, if we talk about its 52 week low, it is 586.
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