{"id":129126,"date":"2024-07-22T11:40:07","date_gmt":"2024-07-22T06:10:07","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=129126"},"modified":"2024-07-22T11:42:20","modified_gmt":"2024-07-22T06:12:20","slug":"infra-stock-hits-5-upper-circuit-after-it-receives-sub-contract-worth-19-59-cr-from-nhai","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/infra-stock-hits-5-upper-circuit-after-it-receives-sub-contract-worth-19-59-cr-from-nhai\/","title":{"rendered":"Infra stock hits 5% upper circuit after it receives sub-contract worth \u20b9 19.59 Cr from NHAI"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2153465211\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Power stock engaged in the business of providing services for the construction and commissioning of electricity transmission and distribution systems hit a 5 percent upper circuit upon receiving an NHAI Sub contract worth Rs. 19.59 Crores&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-580494109\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 389 Crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/KCEIL\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Kay Cee Energy &amp; Infra Limited<\/a><\/strong> hit a 5 percent upper circuit at Rs. 355.75 per equity share, from its previous day\u2019s close price of Rs. 338.85.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p>The Gawar Construction Limited has awarded Kay Cee Energy &amp; Infra Limited a Subcontract of the National Highways Authority of India (NHAI) for the shifting of Obstructing Utility for a consideration of Rs. 19.59 Crores.&nbsp;<\/p><p>The said work order involves shifting various EHV line&#8217;s electrical utilities, shifting electrical towers and transformers including Excavation, supply of materials, erection, etc. as per the sanctioned estimates of RRVPNL Division, Jodhpur.\u00a0<\/p><div class=\"trade-content_5\" id=\"trade-3071199818\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Also read<\/strong><\/p><\/blockquote><figure class=\"wp-block-embed is-type-wp-embed is-provider-trade-brains wp-block-embed-trade-brains\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"GJ31Ta2Mdb\"><a href=\"https:\/\/tradebrains.in\/features\/realty-stock-hits-5-upper-circuit-after-receiving-residential-project-with-revenue-potential-of-1400-cr\/\">Realty stock hits 5% upper circuit after receiving residential project with revenue potential of \u20b9 1,400 Cr<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Realty stock hits 5% upper circuit after receiving residential project with revenue potential of \u20b9 1,400 Cr&#8221; &#8212; Trade Brains\" src=\"https:\/\/tradebrains.in\/features\/realty-stock-hits-5-upper-circuit-after-receiving-residential-project-with-revenue-potential-of-1400-cr\/embed\/#?secret=V2jau64ZJd#?secret=GJ31Ta2Mdb\" data-secret=\"GJ31Ta2Mdb\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the Company&nbsp;<\/strong><\/h2><p>Kay Cee Energy &amp; Infra Limited is engaged in the business of providing services for the construction and commissioning of electricity transmission and distribution systems by undertaking engineering, procurement, and construction (EPC) works.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios&nbsp;<\/strong><\/h2><p>Its revenue from operations grew by 5.53 percent from Rs. 61.09 Crores in FY23 to Rs. 64.47 Crores in FY24, accompanied by profits of Rs. 5.51 Crores to Rs. 6.55 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 29.9 percent, and a return on capital employed (ROCE) of 28.6 percent. It has reported a debt-to-equity ratio of 0.56.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S<\/strong><\/p><\/blockquote><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3533668925\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Power stock engaged in the business of providing services for the construction and commissioning of electricity transmission and distribution systems hit a 5 percent upper circuit upon receiving an NHAI Sub contract worth Rs. 19.59 Crores&nbsp; Price Action&nbsp; With a market capitalization of Rs. 389 Crores, the shares of Kay Cee Energy &amp; Infra Limited [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":43187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[16347,20721,16346,948,936,20722],"class_list":["post-129126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-kay-cee-energy-latest-news","tag-kay-cee-energy-new-order","tag-kay-cee-energy-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-kay-cee-energy-share-price-increasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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