growth rate (CAGR) of 38.4%


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growth rate (CAGR) of 38.4%

IndiaInfoline research has recommended buy rating on KEC International with a one-year target of Rs 851. CAGR of 38.4% is expected over FY07-09E. KEC is having order book of Rs 48 billion. P/E is 13.8 of FY 2009 earnings. "We recommend BUY with a one-year price target of Rs 851, 15.6% upside." says IndiaInfoline research report.