New Delhi, Oct. 24 -- KEI Industries shares ended lower on Friday, October 23, extending their correction over the past six months. Despite the recent weakness, the cables and electricals stock has delivered a nearly 318% return over the past five years. Brokerage InCred Equities has upgraded its outlook on the stock, citing the company's sustained growth guidance, margin expansion driven by a favourable product mix, and rising exports.

The company has reported 28.94% annual jump in its consolidated net profit for the September quarter of financial year 2026-27.

KEI Industries reported 39% annual growth in revenue, 40% surge in EBITDA, and around 29% jump in profit after tax (PAT). The management has also revised tis financial year 2026...