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Market News

  • 14

    Nov
    2017

    KEI Inds sizzles after robust Q2 result

    The result was announced after market hours yesterday, 13 November 2017.

    Meanwhile, the S&P BSE Sensex was down 61.64 points or 0.19% at 32,971.92. The S&P BSE Small-Cap index was up 1.87 points or 0.01% at 17,572.64.

    On the BSE, 72,000 shares were traded on the counter so far as against the average daily volumes of 1.11 lakh shares in the past one quarter. The stock had hit a high of Rs 341.70 and low of Rs 328.60 so far during the day. The stock had hit a record high of Rs 371.95 on 6 October 2017. The stock had hit a 52-week low of Rs 108.10 on 21 November 2016.

    The small-cap company has equity capital of Rs 15.67 crore. Face value per share is Rs 2.

    KEI Industries said that pending order as on date is approx. Rs 2347 crore out of which EPC is Rs 1428 crore, substation Rs 189 crore and cable Rs 730 crore (out of which export order is Rs 84 crore).

    KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.

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