Latest news with #KECInternational
Mint
2 days ago
- Business
- Mint
Recommended stocks to buy today, 26 June, by India's leading market experts
Nifty50 advanced 0.80% on Wednesday, closing above 25,200, supported by improved global sentiment following a US-brokered ceasefire between Iran and Israel. The easing ofgeopolitical tensions led to a sharp decline in crude oil prices, bolstering risk appetite. Additionally, a weaker US dollar and firm cues from Asian peers contributed to the positive momentum. Broad-based sectoral participation further reinforced the rally, enabling the index to break out of a five-week consolidation phase and surpass the key resistance zone around 25,200. Looking for stocks to buy today? Top market experts share their best stock picks for 26 June Two stock recommendations by MarketSmith India: Buy: KEC International(current price: ₹927.70) Buy: Birlasoft (current price: ₹443.65) Also Read: Booze stocks are having a party. Should you raise a toast? Three stocks to trade today, 26 June as recommended by NeoTrader's Raja Venkatraman: CESC (Current market price ₹172.40) Why it's recommended: This counter has been trading quite resolutely and has been attempting to sustain at higher levels. The dips into the cloud support region managed to arrest the recent profit booking. The strong surge seen on Wednesday backed with volumes suggesting more possibility to the upside. Key metrics: P/E: 28.01, 52-week high: ₹212.49, Volume: 6.21M. Technical analysis: Support at ₹160, resistance at ₹185. Risk factors: Market conditions, company performance, and news. Buy above: ₹173, and dips to ₹168, Stop loss: ₹165 Target: ₹181- 185 in one month JIOFIN (current market price ₹303.30) Why it's recommended: JioFin stock price has been attempting to hold on, as attributed to a combination of factors, that can now trigger some potential upside in the coming days. The recent increase in volume clearly highlights the steady participation that is prompting more upside potential in this counter. Key metrics: P/E: 340.39, 52-week high: ₹363 Volume: 11.85M. Technical analysis: Support at ₹287, resistance at ₹330. Risk factors: Market fluctuations, regulatory changes, and sector-specific challenges in the financial sector. Buy: above ₹305. Target price: ₹330-340 in 1 month. Stop loss: ₹292 MPHASIS (Current market price ₹2752.60) Why it's recommended: IT stocks have been waxing and waning but there are certain names that are maintaining a steady higher top higher bottom indicating that the trends are very much in favour of an upside. With the prices stepping out of the shadows of the recent consolidation we can expect the trends to show some upside potential. Key metrics: P/E: 33.31, 52-week high: ₹3239.55, Volume: 509.01K. Technical analysis: Support at ₹2320, resistance at ₹2975. Risk factors: Challenging macroeconomic environment, margin pressure and client attrition. Buy at: CMP and dips to ₹2680. Target price: ₹2950-3025 in 1 month. Stop loss: ₹2650. Stocks to trade today, recommended by Trade Brains Portal for 26 June Indian Oil Corporation Ltd. (IOCL) Current price: ₹ 142 Its refining capacity is estimated to reach 98.5 MMT by 2027 from 80.8 MMT in 2025, with a 31% market share. It also has the largest pipeline market share downstream, with a 73% share in crude oil pipelines, 57% in product pipelines, and 61% in total pipelines. It recorded its highest-ever gas sales of 7.9 MMT in FY25, up 21% from 6.5 MMT in FY24. The company has collaborated with several players through joint ventures. Some of which include a JV with L&T Renew Power for the implementation of a green hydrogen project, another JV with Sun Mobility Pte Ltd, Singapore, for battery swapping for 2W & 3W, and proposed JVs with SJVN, SECI, and RVUNL for renewable energy. The company has a current capacity of 252.1 MW of renewable energy capacity. Its new wholly owned subsidiary, Terra Clean Ltd., is planning to set up 5.3 GW of installed capacity of renewable energy projects. The company has new petrochemical projects at Gujarat, Barauni, Panipat & Paradip refineries and has export footprints in 72 countries. The company has been paying a consistent dividend to its shareholders, paying over a 30% dividend payout ratio for the past 5 years. The board has recommended a final dividend of 30% for the year 2024-25, i.e., Rs. 3.00 per equity share of face value of ₹10 each on the paid-up share capital. Vedanta Ltd Current price: ₹ 442 Vedanta has consistently rewarded its shareholders with robust dividend payouts. Over the past 10 years, the company has paid a substantial dividend totaling ₹1,10,233.75 crore. For FY25, it declared a total dividend of ₹43.5 per share, resulting in a dividend yield of approximately 11.8%. The company reported its highest-ever consolidated revenue of ₹1,50,725 crore in FY25, reflecting a 10% year-on-year (YoY) increase from ₹1,43,727 crore in FY24. EBITDA for the year stood at ₹43,541 crore, the second-highest on record, marking a 37% YoY growth. Profit after tax (PAT) surged 172% YoY to ₹20,535 crore in FY25, up from ₹7,539 crore in FY24. The total capital expenditure for the year was ₹12,626 crore, directed towards volume expansion and supply chain integration. The company achieved record annual aluminum production of 2,422 kt, a 2% YoY increase. Alumina production rose by 9% YoY, supported by the commissioning of a new train. Hindustan Zinc has emerged as the largest integrated zinc producer globally, recording its highest-ever annual production of mined metal at 1,095 kt and refined metal at 1,052 kt. In Q4, Zinc International's mined metal production stood at 50 kt, a 52% YoY and 9% QoQ increase, with full-year production totaling 178 kt. Overall, annual saleable ore production reached 6.2 MTPA, reflecting a 12% YoY growth. Annual saleable steel production stood at 1,337 kt, and copper cathode production for the year was 149 kt, a 6% YoY increase. Top 3 Stocks Recommended by Ankush Bajaj Technically, Wipro is trading above both its 20‑day and 50‑day EMAs, indicating near-term strength. The RSI is around 60, suggesting healthy bullish momentum without being overbought, and the MACD is trending positive, confirming the upward bias. Buy: Mphasis Ltd. (MPHASIS) — Current Price: ₹2,752.60 The stock is currently trading above key moving averages on both daily and hourly timeframes, with technical indicators pointing to ongoing accumulation. RSI is in a healthy range, confirming buying strength without overbought concerns. MarketSmith India is a stock research platform and advisory service focused on the Indian stock market. Trade name: William O'Neil India Pvt. Ltd. (Sebi Registered Research Analyst Registration No.: INH000015543) Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. Raja Venkatraman is the co-founder of NeoTrader. His Sebi-registered research analyst registration no. is INH000016223. Trade Brains Portal is a stock analysis platform. Its trade name is Dailyraven Technologies Pvt. Ltd, and its Sebi-registered research analyst registration number is INH000015729. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by Sebi and certification from NISM in no way guarantees performance of the intermediary or provide any assurance of returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
3 days ago
- Business
- Mint
KEC International share price jumps over 5% after receipt of ₹1,236 crore fresh order
KEC International share price jumped over 5 per cent in Wednesday's trading session after the company bagged ₹ 1,236 crore fresh order in its Civil business. KEC International shares opened at ₹ 909.55 per share on June 25, as compared to ₹ 888.70. The stock climbed over 4.93 per cent touching an intraday high to ₹ 933.95 apiece. The EPC company stock has remained volatile amid weak market sentiments. KEC International shares have fallen over 21 per cent in six months, however, has ascended nearly 8 per cent in a month. In a press release dated June 25, KEC International announced that it has secured new orders of ₹ 1,236 crores for Civil projects in India, which is said to be largest order in the Buildings & Factories segment. The company bagged an order for high-rise Residential projects in Western India from renowned real estate developers, involving the development of over 50 lacs square feet of residential buildings along with associated facilities. 'We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategic foray into the premium high-rise residential segment, with buildings reaching up to G+70 storeys. These wins have significantly strengthened our Civil order book, particularly in the B&F segment and expanded our presence with the addition of two prestigious clients. With these orders, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Our YTD order intake has surpassed Rs. 5,500 crores, a healthy growth of ~35% vis-à-vis last year," said Vimal Kejriwal, MD & CEO, KEC International Ltd. in the release. KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. It has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables).
Business Standard
3 days ago
- Business
- Business Standard
K E C International wins news orders of Rs 1236 cr
K E C International has secured new orders of Rs. 1,236 crores for Civil projects in India: High-rise Residential projects in Western India from renowned real estate developers, involving the development of over 50 lacs square feet of residential buildings along with associated facilities Vimal Kejriwal, MD & CEO, KEC International Ltd. commented, We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategic foray into the premium high-rise residential segment, with buildings reaching up to G+70 storeys. These wins have significantly strengthened our Civil order book, particularly in the B&F segment and expanded our presence with the addition of two prestigious clients. With these orders, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Our YTD order intake has surpassed Rs. 5,500 crores, a healthy growth of ~35% vis-vis last year.
Mint
3 days ago
- Business
- Mint
KEC International share price jumps over 5% after receipt of ₹1,236 crore fresh order
KEC International share price jumped over 5 per cent in Wednesday's trading session after the company bagged ₹ 1,236 crore fresh order in its Civil business. KEC International shares opened at ₹ 909.55 per share on June 25, as compared to ₹ 888.70. The stock climbed over 4.93 per cent touching an intraday high to ₹ 933.95 apiece. The EPC company stock has remained volatile amid weak market sentiments. KEC International shares have fallen over 21 per cent in six months, however, has ascended nearly 8 per cent in a month. In a press release dated June 25, KEC International announced that it has secured new orders of ₹ 1,236 crores for Civil projects in India, which is said to be largest order in the Buildings & Factories segment. The company bagged an order for high-rise Residential projects in Western India from renowned real estate developers, involving the development of over 50 lacs square feet of residential buildings along with associated facilities. 'We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategic foray into the premium high-rise residential segment, with buildings reaching up to G+70 storeys. These wins have significantly strengthened our Civil order book, particularly in the B&F segment and expanded our presence with the addition of two prestigious clients. With these orders, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Our YTD order intake has surpassed Rs. 5,500 crores, a healthy growth of ~35% vis-à-vis last year," said Vimal Kejriwal, MD & CEO, KEC International Ltd. in the release. KEC International is a global infrastructure Engineering, Procurement and Construction (EPC) major. It has a presence in the verticals of Power Transmission & Distribution, Civil, Transportation, Renewables, Oil & Gas Pipelines, and Cables. It has a footprint in 110+ countries (includes EPC, Supply of Towers and Cables). Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
3 days ago
- Business
- Business Standard
KEC Intl gains on securing Rs 1,236-cr civil orders
KEC International rallied 4.96% to Rs 932.35 after the company announced that it has secured new orders of Rs 1,236 crore in its civil business. The civil business has received orders for high-rise residential projects in Western India from renowned real estate developers, involving the development of over 5 million square feet of residential buildings along with associated facilities. Vimal Kejriwal, MD & CEO, KEC International, commented, We are delighted with the premium orders secured in our Civil business, including our largest order in the Buildings & Factories (B&F) segment. This marks a key milestone in our strategic foray into the premium high-rise residential segment, with buildings reaching up to G+70 storeys. These wins have significantly strengthened our civil order book, particularly in the B&F segment, and expanded our presence with the addition of two prestigious clients. With these orders, KEC is now constructing over 70 high-rise buildings for marquee clients across the country. Our YTD order intake has surpassed Rs. 5,500 crores, a healthy growth of ~35% vis-vis last year. KEC International is a global infrastructure engineering, procurement, and construction (EPC) major. It has a presence in the verticals of power transmission and distribution, railways, civil, urban infrastructure, solar, oil & gas pipelines, and cables. The companys consolidated net profit zoomed 110.3% to Rs 151.75 crore in Q4 FY24 as compared with Rs 72.17 crore posted in Q4 FY23. Net sales stood at Rs 6,164.83 crore, registering a growth of 11.6% year on year.
