KEI INDUSTRIES at All Time High; BSE POWER Index Down 1.4%
June 16, 2021 09:34 AM

KEI INDUSTRIES share price has hit an all-time high at Rs 731 (up 0.8%).

Meanwhile, the BSE POWER Index is at 2,926 (down 1.4%).

Among the top gainers in the BSE POWER Index today are KEI INDUSTRIES (up 0.8%) and THERMAX (up 0.1%).

NTPC and KALPATARU POWER are among the top losers today.

Over the last one year, KEI INDUSTRIES has moved up from Rs 332 to Rs 731, registering a gain of Rs 399 (up 117.8%).

The BSE POWER has moved up from 1,509 to 2,926, registering a gain of 1,417 points (up 92.7%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI TRANSMISSION (up 552.8%), RELIANCE INFRA (up 340.0%) and ADANI POWER (up 239.8%).

What About the Benchmark Indices?

The BSE Sensex is at 52,783 (down 0.1%). The top gainers among the BSE Sensex stocks today are ONGC (up 1.4%), M&M (up 0.7%) and TATA STEEL (up 0.6%). Other gainers include SUN PHARMA (up 0.4%) and ITC (up 0.3%). The most traded stocks in the BSE Sensex are M&M and KOTAK MAHINDRA BANK.

In the meantime, NSE Nifty is at 15,873 . The top gainers in the NSE Nifty include ONGC (up 1.4%), UPL (up 1.0%) and TATA CONSUMER (up 0.9%). Other gainers include IOC (up 0.6%) and M&M (up 0.6%).

Over the last 12 months, the BSE Sensex has moved up from 33,229 to 52,783, registering a gain of 19,554 points (up 58.7%).

KEI INDUSTRIES Financial Update...

KEI INDUSTRIES net profit stood at Rs 796 million for the quarter ended December 2020, compared to a profit of Rs 723 million a year ago. Net Sales declined 12.3% to Rs 11.5 billion during the period as against Rs 13.1 billion in October-December 2019.

For the year ended March 2018, KEI INDUSTRIES reported 54.3% increase in net profit to Rs 1.4 billion compared to net profit of Rs 938.0 million during FY17.

Revenue of the company grew 23.7% to Rs 35 billion during FY18.

The current Price to earnings ratio of KEI INDUSTRIES, based on rolling 12 month earnings, stands at 23.1x.