tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

K & S Corporation Loses InfraBuild Contracts Amid Competitive Tender

Story Highlights
K & S Corporation Loses InfraBuild Contracts Amid Competitive Tender

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

K & S Corporation Limited ( (AU:KSC) ) has issued an update.

K & S Corporation Limited announced that it has lost its contracts with InfraBuild following a competitive tender process. The transition to InfraBuild’s new transport providers is expected before the end of FY26, but the exact impact on K & S Corporation’s operations remains unclear. The decision was based on commercial considerations, and K & S Corporation is working to support affected employees during the transition.

The most recent analyst rating on (AU:KSC) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on K & S Corporation Limited stock, see the AU:KSC Stock Forecast page.

More about K & S Corporation Limited

K & S Corporation Limited operates in the transport and logistics industry, providing transport services to various sectors. The company has a long-standing history of working with major steel companies, including InfraBuild, OneSteel, and Smorgon Steel.

Average Trading Volume: 11,814

Technical Sentiment Signal: Buy

Current Market Cap: A$468M

For a thorough assessment of KSC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1