KEI INDUSTRIES share price has zoomed 6% and is presently trading at Rs 4,000.0.
Meanwhile, the BSE POWER index is at 7,304.7 (up 1.2%).
Among the top gainers in the BSE POWER index today are Siemens (up 3.0%) and BHEL (up 2.9%).
ADANI ENERGY SOLUTIONS (down 5.1%) and TORRENT POWER (down 4.6%) are among the top losers today.
Over the last one year, KEI INDUSTRIES has moved up from Rs 2,781.2 to Rs 4,000.0, registering a gain of Rs 1,218.9 (up 43.8%).
On the other hand, the BSE POWER index has moved up from 4,654.7 to 7,304.7, registering a gain of 56.9% during the last 12 months.
The top gainers among the BSE POWER index stocks during this same period were Siemens (up 91.0%), TORRENT POWER (up 83.0%) and BHEL (up 66.4%).
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The BSE Sensex is at 78,308.8 (up 1.5%).
The top gainers among the BSE Sensex today are SBI (up 3.8%) and Ultratech Cement (up 2.6%). The most traded stocks in the BSE Sensex are Power Grid Corp. and MUNDRA PORT & SEZ.
In the meantime, NSE Nifty is at 23,729.7 (up 1.6%). SBI and Tata Consumer Products are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,655.2 to 78,308.8, registering a gain of 12,653.7 points (up 19.3%).
KEI INDUSTRIES net profit grew 10.4% YoY to Rs 1,548 million for the quarter ended September 2024, compared to a profit of Rs 1,402 million a year ago. Net sales rose 17.2% to Rs 22,796 million during the period as against Rs 19,449 million in July-September 2023.
For the year ended March 2024, KEI INDUSTRIES reported 21.7% increase in net profit to Rs 5,808 million compared to net profit of Rs 4,773 million during FY23. Revenue of the company grew 17.3% to Rs 81,041 million during FY24.
The current Price to earnings ratio of KEI INDUSTRIES, based on rolling 12 month earnings, stands at 57.8.
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