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growth rate (CAGR) of 38.4%

Secondary Mkt 1164 views 3 replies

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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.

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Replies (3)

KAAPIL

COACHING

11717 Points Joined May 2007

Thanks.

Ankit Dangayach

Chartered Accountant

691 Points Joined September 2007

Punj lloyd also looks good in this sector.It has a huge orderbook of over 10000 crores and company is growing at a rate which is above industry growth rate.It also has good presence in Gulf Countries so it reduces geographical risk to a large extent.Its recent foray in ship building by purchasing stake in a company also promises to give handsome returns in medium term.

Prakash Popat

3134 Points Joined June 2007

CAGR of 38.4%,quiet Impressive but what about past performance of scripts in exchanges?What about volume of quantity traded in to the exchanges? can You provide these details.