KEI Industries Shares Down 12%: What Went Wrong in Q2 Despite 30% Profit Growth?
India, Oct. 22 -- The share of the company, which manufactures Extra High Voltage, High Tension (HT), Low Tension (LT), control and instrumentation, rubber, solar, marine, and specialty cables, alongside house and stainless steel wires, came under pressure after posting Q2 numbers
With a market capitalization of Rs 36,968 crore, KEI Industries Ltd's share on Thursday made a day low of Rs 3,749.85 per share, down by 11.6 percent from its previous close of Rs 4,239.95 per share. The stock of the company gave a negative return of 4.37 percent over the last year.
Q2 Result Overview
QoQ View: Revenue increased to Rs 3,777 crore in Q2 FY27 from Rs 3,185 crore in Q1 FY27, registering an 18.56 percent growth QoQ. EBITDA declined to Rs 401 cror...
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