External broker reports(aggregated public sources), Axis Direct

Axis Direct

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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External broker reports(aggregated public sources)

Equity Bottom-Up

<p>We value KEC International at 13x FY23E EPS of Rs 33 to arrive at a target price of Rs 430/share, implying an upside of 3% from CMP and change our rating from a BUY to HOLD.</p><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

We value KEC International at 13x FY23E EPS of Rs 33 to arrive at a target price of Rs 430/share, implying an upside of 3% from CMP and change our rating from a BUY to HOLD.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

KEC International: Margin Pressure Escalates; Challenges Persists In International Operations