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Growing focus on infrastructure, traction in the real estate sector, electrification of villages and growing exports to spur growth in the cables &amp; wires industry, Motilal Oswal has said

MOSL initiates coverage on Polycab, RR Kabel &amp; KEI Industries with 'buy' call

KEI Industries formed strong bullish candlestick pattern on the daily charts with healthy volumes. The stock has seen a breakout of downward sloping resistance trendline adjoining highs of January 5 and February 16, and traded above all key moving averages.

Trade Spotlight | How to trade in Piramal Enterprises, BHEL, KEI Industries today

Prabhudas Lilladher recommended hold rating on KEI Industries with a target price of Rs 3268 in its research report dated January 25, 2024.

Hold KEI Industries; target of Rs 3268: Prabhudas Lilladher

Net Sales are expected to increase by 12.6 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs 2,009.5 crore, according to Prabhudas Lilladher.

KEI Industries Q3 PAT seen up 12.1% YoY to Rs 144.2 cr: Prabhudas Lilladher

Considering the overall chart structure, we maintain a bullish stance with specific targets set at 21,834 and 22,000 for the short to medium term.

Hot Stocks | Bet on ITC, Godrej, KEI Industries for up to 11% returns in short term

KEI Industries Ltd. is engages in the business of manufacturing, selling, and marketing of all range of power cables. It operates through the following segments: Cable, Procurement, and Construction (EPC) Projects, and Stainless Steel Wire. The Cables segment includes low, high, and extra high voltage; control and instrumentation cables; specialty cables; elastomeric and rubber cables; submersible cables; flexible and house wires; and winding wires. The EPC Projects segment focuses on survey, supply of materials, design, erection, testing, and commissioning on a turnkey basis. The Stainless Steel Wire segment is involved in the manufacturing, selling, and provision of job work related to stainless steel wires. The company was founded in 1968 and is headquartered in New Delhi, India.

Volume	561,539.00
52-Wk High	4,117.00
52-Wk Low	1,912.00

KEI.NSE KEI Industries Ltd.

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