Company Background :
The KCP Limited is engaged in cement, engineering, power and other businesses. The Company's segments include Engineering, Cement, Power, Sugar and Others. It general engineering business offers a range products, such as anvils, cylinder for extrusion process and die molding. Its cement business offers a range of equipment, which includes crushers, rotary kiln, support roller with shaft assembly for kiln, horizontal ball mill, mill head/ends, vertical roll mills and roller press.
Its power business offers a range of equipment, including vertical coal pulverizer mills, columns, reactors, boiler furnace, condensers, steam drum, storage tanks, deareator, air pre heaters, steel power and gear boxes, and loading frame. Its sugar business offers a range of equipment, such as shredders, head stocks, mills, diffuser, vacuum pans and co-generation boilers. Its other businesses include mining, mineral processing, metals, oil and gas, chemical and fertilizers, space and industrial gases.
During the last 6 months, the scrip has given 62% return jumping from 80 to 135. It has resistance above 145 and closure beyond 150 would put in bullish orbit. Suggested buy range would be Rs.85 to 90
Sound financial management, good fundamentals, and great revenue visibility make it a compelling buy.
Smart Investor -
No.24 Pattamal Plaza
3rd Cross Kammanahalli
Mail - firstname.lastname@example.org
Whatsapp - 9880080321