A number one power gear firm secures a major work order from RVNL for modifying two further high-voltage transmission traces. The contract, valued at Rs. 3.89 crore, highlights the agency’s experience in electrical infrastructure tasks and indicators potential development within the renewable power sector’s transmission capabilities.
Share Value Motion
The share value of Kay Cee Power & Infra Restricted went up 3.43 p.c to Rs. 364 per share on Friday, a rise from its earlier shut of Rs. 351.90 per share. The market capitalisation now stands at roughly Rs. 382.50 crore as of January 24, 2025.
Current Replace
Kay Cee Power & Infra has obtained a piece order from RVNL for the modification of two Additional Excessive Voltage (EHV) Transmission Strains (132kV & 220kV). This contains the shifting of Railway km 985 and 979 because of the development of a further railway observe by RVNL within the Malkhedi-Mahadevkhedi part. The contract worth is Rs. 3.89 crore.
Monetary Highlights
In FY2024, the corporate reported income of Rs. 64.47 crore, a 5.5% development from Rs. 61.09 crore in FY2023. Earnings elevated by 13.3%, rising from Rs. 5.78 crore in FY2023 to Rs. 6.55 crore in FY2024.
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Opponents
Opponents of Kay Cee Power & Infra embody L&T, Ashoka Buildcon, G R Infraprojects, PNC Infratech, H.G. Infra Engineering, Kalpataru Tasks Worldwide, and KNR Constructions, all specialising in infrastructure tasks.
Kay Cee Power & Infra has a P/E of 44.04, which is greater than the trade P/E of 23.75.
Market Outlook
{The electrical} equipment trade is rising steadily, pushed by robust demand for transmission, distribution, and technology gear. Technology gear has grown at a CAGR of 12.7% from FY12–22. Exports rose to $3.9 billion in FY14, with boilers, wires, and cables main the expansion.
The federal government helps the sector with 100% FDI, de-licensing insurance policies, and plans for talent growth via the Electrical Tools Ability Growth Council (EESDC), guaranteeing a promising future for the trade.
Written By Fazal Ul Vahab C H
Disclaimer
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