Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KEI INDUSTRIES Gains 6%; BSE POWER Index Up 1.2%
Fri, 22 Nov 13:21

KEI INDUSTRIES Gains 6%; BSE POWER Index Up 1.2%Image source: ipopba/www.istockphoto.com

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%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

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 Financial Update...

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.


Equitymaster requests your view! Post a comment on "KEI INDUSTRIES Gains 6%; BSE POWER Index Up 1.2%". Click here!