Cable Stock in Focus After Announcing Strong Revenue Growth Guidance for Q1 and FY27
Bengaluru, June 25 -- The shares of this company which manufacture wires and cables (W&C) like EHV cables, HT cables, and LT cables, and sell them in India and overseas are in the spotlight after it has guided for over 20% revenue growth in both Q1 and FY27.
With a market capitalisation of Rs. 50,990 cr, the shares of KEI Industries Ltd were trading at Rs. 5333.75 per share, down from its previous close of Rs. 5,419.15 per share. The stock delivered a 40% return over the past year, with gains of 18% year-to-date, 22% over the last six months, and 1% in the past month.
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KEI Industries has guided for over 20% revenue growth in both Q1 and FY27, reflecting management's confidence in demand trends across its key business seg...
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