KEI Industries

As of Tuesday, Polycab, KEI Industries, R R Kabel and Quadrant Future Tek were down up to 24% from their respective 52-week highs touched in September.

The index has witnessed a sharper fall in September compared to the Nifty 50, which declined 6 per cent, and the Nifty Smallcap 250 that slipped 3.5 per cent.

Mayank Jain of Share.Market by PhonePe flags key support and resistance levels for wires & cables stocks - Polycab, Havells India and KEI amid market correction post UltraTech's 'Ultravolt' launch.

For Q1FY27, KEI Industries' PAT grew by 40.05 per cent Y-o-Y to ₹274 crore, compared with ₹196 crore reported in the same quarter a year ago.

In the past six months, the market price of RR Kabel zoomed 60%, while Polycab India and KEI soared 41% and 38%, respectively, as against a 9% decline in the BSE Sensex.

Hindalco, KEI Industries, Polycab, Apollo Hospital, Anand Rathi Wealth, GE Vernova T&D, Manappuram Finance, Navin Flurochemicals, Torrent Pharma and J B Chemicals hit fresh life-time highs on Monday.

Infrastructure development, housing growth, electrification and the ongoing shift towards organized and compliant products continue to support the demand, said RR Kabel.

After completing the Sanand project and the strong demand in domestic and overseas markets, the KEI management is hopeful to grow more than 20% CAGR in next 3 to 4 years.

For the quarter, KEI reported revenue of ₹2,950 crore, broadly in line with JM Financial's estimate but around 4 per cent lower than consensus.

Analysts at JM Financial seen strong C&W demand from institutional players; but caution that a correction in copper prices could pose a risk to primary off-take for these companies.

Stocks to watch on December 11: Puravankara, Petronet LNG and Prestige Estates are among other top stocks to track today

The Cables & Wires (C&W) segment, which is KEI Industries' growth engine, saw revenues rise 23 per cent Y-o-Y, marking a six-year compound annual growth rate (CAGR) of 17 per cent.

Chandan Taparia of Motilal Oswal recommends buying KEI Industries, Sammaan Capital and Samvardhana Motherson, decodes Nifty strategy

Hero MotoCorp (HMCL) reported a strong start to the festive season with robust traction across dealerships and expects record festive sales.

Polycab has established itself as a clear leader in the domestic organised C&W market with ~26-27 per cent share, up from ~18-19 per cent in FY20.

KEI Industries' share price declined today despite reporting healthy year-on-year (Y-o-Y) growth, as investors reacted negatively to the company's weak sequential (Q-o-Q) in Q1FY26.

Rising trend of energy consumption coupled with ongoing urbanisation and robust expansion of data centres and electric vehicles (EVs), the future growth trajectory of the C&W sector looks promising

Goldman Sachs retained its 'Buy' ratings on Crompton Greaves Consumer Electricals, Havells, and KEI Industries, citing stronger fundamentals and growth visibility.

The company's stock rose as much as 5.04 per cent during the day to ₹3,354 per share

KEI Industries, Polycab India shares: KEI Industries share price plunged 14.5 per cent intraday to a low of Rs 2,802 per share. Polycab India share price, meanwhile, fell 9.6 per cent intraday