KEI INDUSTRIES Surges by 10%; BSE POWER Index Up 0.5%

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KEI INDUSTRIES Surges by 10%; BSE POWER Index Up 0.5%
Tue, 12 Mar 12:42 PM

KEI INDUSTRIES share price has zoomed 10% and is presently trading at Rs 440.

Meanwhile, the BSE POWER Index is at 1,998 (up 0.5%).

Among the top Gainers in the BSE POWER Index today is KEI INDUSTRIES (up 10.2%).

ABB INDIA (down 0.2%) and SIEMENS (down 0.3%) are among the top losers today.

Over the last one year, KEI INDUSTRIES has moved up from Rs 365 to Rs 440, registering a gain of Rs 75 (up 19.7%).

On the other hand, the BSE POWER has moved down from 2,171 to 1,998, loss of 173 points (down 9.4%) during the last 12 months.

The top gainers among the BSE POWER Index stocks during this same period were ADANI POWER (up 96.2%), ADANI TRANSMISSION (up 16.7%) and POWER GRID (up 1.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 37,519 (up 1.0%).

The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 4.4%), L&T (up 3.1%) and ICICI BANK (up 2.7%). Other gainers include INDUSIND BANK (up 2.1%) and POWER GRID (up 1.8%). The most traded stocks in the BSE Sensex are ICICI BANK and YES BANK.

In the meantime, NSE Nifty is at 11,305 (up 0.9%). BHARTI AIRTEL (up 4.3%) is among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 33,918 to 37,519, registering a gain of 3,601 points (up 10.3%).

KEI INDUSTRIES Financial Update...

KEI INDUSTRIES net profit stood at Rs 484 million for the quarter ended December 2018, compared to a profit of Rs 390 million a year ago. Net Sales rose 22.4% to Rs 10.9 billion during the period as against Rs 8.9 billion in October-December 2017.



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