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KEI Industries falls despite reporting 19% rise in Q4 net profit KEI Industries is currently trading at Rs. 1863.00, down by 19.60 points or 1.04% from its previous closing of Rs. 1882.60 on the BSE.   The scrip opened at Rs. 1940.05 and has touched a high and low of Rs. 1940.05 and Rs. 1861.60 respectively. So far 6803 shares were traded on the counter.   The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1,940.05 on 03-May-2023 and a 52 week low of Rs. 1040.55 on 12-May-2022.   Last one ...
KEI Industries falls despite reporting 19% rise in Q4 net profit
KEI Industries falls despite reporting 19% rise in Q4 net profit
Source: Accord Fintech
3/05/2023 1:10:49 PM
Buy KEI Industries Ltd For Target Rs. 1,350- Emkay Global Revenue guidance unaffected by commodity price correction * KEI’s Q1FY23 revenue beat our estimates by 7%, with LT Cable/House Wires surpassing projections by 8%/11%. All product segments saw a 3-yr revenue CAGR in the range of 10-25%. The company’s C&W growth was the highest vs. peers on a 3-yr CAGR basis. * C&W exports grew by 2.2x yoy on a favorable base and were up 62% qoq as well. B2C sales contributed 41.7% of total sales, up from 40% in Q4FY22. GM was slightly...
Buy KEI Industries Ltd For Target Rs. 1,350- Emkay Global
Buy KEI Industries Ltd For Target Rs. 1,350- Emkay Global
Source: Emkay Global Financial Services Ltd
26/08/2022 9:49:29 AM
KEI Industries Q1 net profit jumps 54.63% at Rs 103.77 cr The company reported standalone net profit of Rs 103.77 crore for the quarter ended June 30, 2022 as compared to Rs 67.11 crore in the same period last year, registering a year-on-year growth of 54.63 per cent. Net revenue of the company rose substantially by 53.84 per cent at Rs 1,565.41 crore in April-June quarter of this fiscal as against Rs 1,017.56 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 55.53 per cent to Rs 1,405.78 cror...
KEI Industries Q1 net profit jumps 54.63% at Rs 103.77 cr
KEI Industries Q1 net profit jumps 54.63% at Rs 103.77 cr
Source: Dion Global Solutions Ltd
27/07/2022 10:44:52 AM
Buy KEI Industries Ltd For Target Rs.1,150 - Edelweiss Financial Services Consistent and visible retail ramp-up Impressive 65%-plus YoY growth vis-a-vis 2Y average in retail house wires for Q2FY22 implies an uptick in the share of pure retail business for KEI. While revenue beat in C&W lags peers, KEI managed GM far better. Directional transition/focus towards retail augurs well for KEI. Despite a marginal EBITDA miss (GM-led), KEI’s rising focus on retail business is clearly leading company-level growth with pure house wires at a healthy 26%-plus o...
Buy KEI Industries Ltd For Target Rs.1,150 - Edelweiss Financial Services
Buy KEI Industries Ltd For Target Rs.1,150 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
8/12/2021 9:57:51 AM
Buy KEI Industries Ltd For Target Rs. 710 - Emkay Global Expanding retail reach * KEI posted healthy performance in Q4 with 17% yoy EBITDA growth, beating our estimate by 7%. EBIT margins across segments were impacted by the reclassification of unallocable expenses and a related expense of Rs260mn pertaining to previous quarters. * EBITDA margins in both the retail and institutional segments saw an improvement, and this is expected to sustain. Cable demand is holding up in Q1FY22, and management is confident about recovering the lost wire sal...
Buy KEI Industries Ltd For Target Rs. 710 - Emkay Global
Buy KEI Industries Ltd For Target Rs. 710 - Emkay Global
Source: Emkay Global Financial Services
10/06/2021 9:27:15 AM
KEI Industries Ltd Q4 net profit jumps 46.69% at Rs 89.26 cr The company reported standalone net profit of Rs 89.26 crore for the quarter ended March 31, 2021 as compared to Rs 60.85 crore in the same period last year, registering a year-on-year growth of 46.69 per cent. Net revenue of the company declined by 0.97 per cent at Rs 1,246.31 crore in January-March quarter of this fiscal as against Rs 1,258.53 crore in the corresponding period last year. During January-March quarter, operating expenses dropped by 2.92 per cent to Rs 1,104.68 crore from R...
KEI Industries Ltd Q4 net profit jumps 46.69% at Rs 89.26 cr
KEI Industries Ltd Q4 net profit jumps 46.69% at Rs 89.26 cr
Source: Dion Global Solutions Ltd
31/05/2021 9:25:49 AM