Current price is more than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Prabhudas Lilladher recommended hold rating on KEI Industries with a target price of Rs 1572 in its research report dated January 24, 2023.

Hold KEI Industries; target of Rs 1572: Prabhudas Lilladher

KEI Industries consolidated net profit rises 27.04% in the December 2022 quarter

KEI Industries Standalone December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

KEI Industries Consolidated December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

With a market valuation of ₹13,828.76 Cr, KEI Industries Limited is a mid-cap company that engages in the industrial industry.

This multibagger mid cap stock declares 150% dividend, check record date

Except for Gland Pharma, other lending and non-lending businesses are expected to report a solid set of numbers, with banks namely Axis Bank and Canara Bank leading the bottom line growth.

Q3 results previews: Axis Bank, Canara Bank, Route Mobile, Gland Pharma & KEI Industries

Axis Bank, IDBI Bank, Canara Bank, Container Corporation of India, Tata Communications, Syngene, Gland Pharma, Poonawalla Fincorp, KEI Industries, Jindal Stainless and HFCL are among the companies that will announce their results for the December 2022 quarter.

Stocks in news: Yes Bank, RIL, JSW Steel, UltraTech Cement, SBI and other banks

KEI Industries is a leading player in the wires and cables (W&C) space with an extensive product portfolio and distribution reach with PAN India presence. KEI ranks among the top three wires and cables (W&C) manufacturers in the country. It services retail and institutional customers.

Fundamental Radar: Why KEI Industries could surpass October highs to hit record in next 12 months?

The management of KEI Industries expects a 17-18% revenue CAGR for the next two three years and eyes an operating margin of 10.5-11% and PAT margin of 6.5% on a sustainable basis. It aims to almost double its revenue to Rs 10,000-11,000 crore by FY26/FY27,” Khadija Mantri, AVP Research at Sharekhan by BNP Paribhas, said.

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Fundamental Radar: Why KEI Industries is a long term buy at current levels, says Khadija Mantri

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1895 in its research report dated October 25, 2022.

Buy KEI Industries; target of Rs 1895: Sharekhan

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Trade Spotlight | What should you do with BHEL, KEI Industries, Punjab National Bank on Thursday?

KEI Industries Limited is engaged in the manufacturing and marketing of power cables for retail and institutional segments.

KEI Industries Ltd

KEI Industries Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold KEI Industries; target of Rs 1572: Prabhudas Lilladher

KEI Industries consolidated net profit rises 27.04% in the December 2022 quarter

KEI Industries Standalone December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

KEI Industries Consolidated December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

This multibagger mid cap stock declares 150% dividend, check record date

Q3 results previews: Axis Bank, Canara Bank, Route Mobile, Gland Pharma & KEI Industries

Stocks in news: Yes Bank, RIL, JSW Steel, UltraTech Cement, SBI and other banks

Fundamental Radar: Why KEI Industries could surpass October highs to hit record in next 12 months?

News Video

Fundamental Radar: Why KEI Industries is a long term buy at current levels, says Khadija Mantri

Buy KEI Industries; target of Rs 1895: Sharekhan

KEI Industries Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hold KEI Industries; target of Rs 1572: Prabhudas Lilladher

KEI Industries consolidated net profit rises 27.04% in the December 2022 quarter

KEI Industries Standalone December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

KEI Industries Consolidated December 2022 Net Sales at Rs 1,784.32 crore, up 14.1% Y-o-Y

This multibagger mid cap stock declares 150% dividend, check record date

Q3 results previews: Axis Bank, Canara Bank, Route Mobile, Gland Pharma & KEI Industries

Stocks in news: Yes Bank, RIL, JSW Steel, UltraTech Cement, SBI and other banks

Fundamental Radar: Why KEI Industries could surpass October highs to hit record in next 12 months?

News Video

Fundamental Radar: Why KEI Industries is a long term buy at current levels, says Khadija Mantri

Buy KEI Industries; target of Rs 1895: Sharekhan

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock