Espresso Shot of the Day - Kei Industries Ltd up by 5.76 percent

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Espresso Shot of the Day - Kei Industries Ltd up by 5.76 percent

March 24, 2022
Espresso Shot of the Day - Kei Industries Ltd up by 5.76 percent

KEI INDUSTRIES LTD 1199.90  (+5.76%) BSE – INE878B01027 | 24THMARCH 2022


KEI was established in 1968 as a partnership firm under the name Krishna Electrical Industries, with the prime business activity of manufacturing house wiring rubber cables. Today, it has grown into an empire with a global presence, offering holistic wire & cable solutions. Their products serve customers globally in over 45 countries, through a rich network of 5000+ channel partners. KEI Industries has always believed in the power of its human resources. Their family of 5385 employees in various roles helps to render services effectively to their customers. Currently, they are headquartered in New Delhi, but they have over 38 branch offices and 21 warehouses across the country. It has taken them over 5 decades of commitment, perseverance and dedication to be a catalyst of power and achieve the global presence they currently have. Headquartered in New Delhi (India), the company offers an extensive range of cabling solutions. KEI manufactures and markets Extra-High Voltage (EHV),Medium Voltage (MV) and Low Voltage (LV) power cables. Serving both retail and institutional segments, KEI has emerged as a one-stop-shop for products and services, with its growing presence in the Engineering, Procurement and Construction (EPC) services domain further strengthening its leadership position.


Recent Drivers

  • On Mar 21, 2022, Smallcap World Fund Inc bought 6.4 lakh equity shares in the company through open market transactions.
  • On Feb 09, 2022, the company reported Net Sales of Rs.1, 563.85 crores in December 2021, up 35.64% from Rs.1, 152.94 crores in December 2020.
  • On Feb 08, 2022, the company reported a Quarterly Net Profit of Rs.101.23 crores in December 2021, up 27.06% from Rs.79.67 crores in December 2020.
  • On Jan 20, 2022, the company declared an Interim Dividend of Rs.2.50/- per Equity Share
 (Sources: Business Today, Moneycontrol, BSE)


Technical Force*

  • S&P BSE 500 month till date gain up by 2.74%
  • 3 months avg. NSE volume: 227,629
  • Quantity traded: 25,641 | Deliverable Quantity: 6,254 (24.39%)
  • Stock price has jumped by more than 155% from a one-year low level: 475.00 (Apr 19, 2021)
  • Daily RSI (14) is nearby Overbought territory today
  • 52-week-high: 1264.00 | 52-week-low: 475.00


Key Pivot  (Yearly)

R4

R3

R2

R1

PP /FIB PP

S1

S2

S3

S4

Pivot Point

-

2285.57

1774.78

1471.57

960.78

657.57

146.78

-

    -

Fibonacci Pivot

1774.78

1463.84

1271.73

1148.00

960.78

773.56

649.84

457.73

146.78


Today’s Close

1199.90

SMA

BSE

10 DAY

1084.90

20 DAY

1055.74

50 DAY

1077.00

200 DAY

934.53


Some Key Ratios (Source: BSE)

Market Cap: 10,811.75 Crores

PE: 30.93

OPM%: 10.14

ROE%: 18.03

Promoters holding%: 38.02

Prev. Close: 1134.60


*Chart and Technical Force data from the Binge desktop app
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Chandresh Khona
by Chandresh Khona

Product Offerings Head

A teacher, writer, travel buff and now Espresso's Product Offerings Head. Ten years here has allowed me to lead the digital team at Sharekhan. My true passion lies in stock market charts.