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KEC International Ltd stands as a leading player in the global infrastructure engineering, procurement, and construction (EPC) sector, primarily based in India. The company is engaged in various sectors, including power transmission and distribution, railways, civil construction, and renewable energy. As a subsidiary of the RPG Group, KEC has cultivated a strong presence in over 100 countries across the globe. As of October 16, 2024, KEC International’s share price on the NSE is 1,015.00 INR. This article delves into KEC International’s share price targets for the years 2024, 2025, 2026, and 2030, providing you with insights into the company’s future outlook along with potential risks and challenges that may influence its stock performance.
KEC International Ltd: Market Overview
- Open Price: ₹1,024.85
- High Price: ₹1,027.00
- Low Price: ₹1,006.25
- Previous Close: ₹1,026.65
- Volume: 623,149
- Value (Lacs): ₹6,338.67
- VWAP: ₹1,014.99
- UC Limit: ₹1,231.95
- LC Limit: ₹821.35
- P/E ratio: 66.58
- Div Yield: 0.39%
- 52-Week High: ₹1,068.00
- 52-Week Low: ₹550.05
- Market Capitalization: ₹26.99K Cr
- Face Value: ₹2
KEC International Share Price Chart
KEC International Share Price Target: 2024 to 2030
| KEC International Share Price Target Years | Share Price Target (INR) |
|---|---|
| 2024 | ₹1,070 |
| 2025 | ₹1,480 |
| 2026 | ₹1,695 |
| 2027 | ₹1,940 |
| 2028 | ₹2,225 |
| 2029 | ₹2,542 |
| 2030 | ₹2,910 |
KEC International Share Price Target 2024
The expected share price target for KEC International in 2024 is ₹1,070. However, there are risks and challenges that may influence this target:
- Fluctuating Raw Material Costs: KEC International relies on materials such as steel and copper. Any significant price fluctuations can impact profitability and share price.
- Project Delays and Execution Risks: Large infrastructure projects may face delays due to regulatory issues or resource shortages, potentially affecting revenue.
- Global Economic Slowdown: KEC’s dependence on international markets makes it vulnerable to global economic trends, which could affect contract demand.
KEC International Share Price Target 2025
For 2025, KEC International’s projected share price target is ₹1,480. Key challenges include:
- Exchange Rate Volatility: Currency fluctuations can impact earnings from international contracts and affect share price.
- Competitive Market Pressure: KEC faces competition which may necessitate price reductions, impacting margins.
- Regulatory and Policy Risks: Changes in regulations can disrupt projects and influence future opportunities.
KEC International Share Price Target 2030
The expected target for KEC International’s share price by 2030 is ₹2,910. Here are challenges anticipated during this period:
- Long-Term Economic Slowdown: An extended downturn may reduce infrastructure investments, impacting KEC’s project pipeline.
- Technological Disruptions: Failures to adapt to technological advancements may hinder KEC’s competitive edge, impacting growth.
- Operational and Execution Risks: Challenges in executing large projects can affect profitability and investor confidence, which may influence share prices negatively.
Shareholding Pattern for KEC International Ltd
- Promoters: 50.1%
- Foreign Institutional Investors (FII): 13.14%
- Domestic Institutional Investors (DII): 26.73%
- Public: 10.03%
KEC International Ltd Financials
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 199.14B | 15.23% |
| Operating Expense | 35.80B | 8.87% |
| Net Income | 3.47B | 97.00% |
| Net Profit Margin | 1.74 | 70.59% |
| Earnings Per Share | 13.49 | 96.93% |
| EBITDA | 11.86B | 52.67% |
| Effective Tax Rate | 18.69% | — |
FAQs About KEC International Ltd
- 1. What are the main sectors KEC International operates in?
- KEC International operates in several sectors, including power transmission and distribution, railways, civil construction, and renewable energy.
- 2. How does KEC International’s financial performance look for 2024?
- KEC International is projected to generate revenues of ₹199.14 billion in 2024, with a year-over-year growth of 15.23%.
- 3. What could potentially affect KEC’s share price?
- Factors such as fluctuating raw material costs, project delays, economic slowdowns, exchange rate