KEI Industries gains on plan of commencing operation at Chopanki plant by December 2016

07 Dec 2016

KEI Industries is currently trading at Rs. 122.10, up by 1.30 points or 1.08% from its previous closing of Rs. 120.80 on the BSE.

The scrip opened at Rs. 123.10 and has touched a high and low of Rs. 124.90 and Rs. 121.90 respectively. So far 14105 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 139.50 on 10-Nov-2016 and a 52 week low of Rs. 86.00 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 128.60 and Rs. 119.05 respectively. The current market cap of the company is Rs. 951.07 crore.

The promoters holding in the company stood at 49.04%, while institutions and non-institutions held 23.60% and 27.36% respectively.

KEI industries’ new production line of extra high voltage (EHV) cables at its Chopanki plant would be operational by the end of December 2016. Earlier, KEI Industries had completed work on a 66-400 KV EHV cable manufacturing project at Chopanki Industrial Area, Alwar, Rajasthan. The existing plant manufactures 66-220 KV EHV cables. Machinery installation had been completed and had commenced trial.

KEI Industries is a cable manufacturing company. It offers high and low tension cables, control and instrumentation cables, house wires and stainless steel wires, and high-technology specialty cables.

 

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KEI Industries Share Price

542.05 -8.90 (-1.62%) Nov 13, 18:51
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Peers
Company Name CMP
Polycab India 888.65
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KEI Industries 542.05
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Precision Wire India 162.25
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Sensex vs KEI Industries
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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