KEI Industries Sees Significant Block Trade on NSE Jun 19, 2025
More news about KEI Industries
18Jun 25
KEI Industries Shares See Significant Block Trades on NSE
KEI Industries Ltd., a major player in the Indian electrical equipment sector, experienced two substantial block trades on the National Stock Exchange (NSE). The first trade involved approximately 188,776 shares at Rs. 3,589.20 per share, totaling Rs. 67.76 crores. The second trade comprised about 203,724 shares at Rs. 3,590.10 per share, amounting to Rs. 73.14 crores. These transactions, totaling over Rs. 140 crores, indicate significant investor activity in the company's shares. The identities of the buyers and sellers were not disclosed.
KEI Industries Ltd., a major Indian cable and wire manufacturer, has secured a significant legal victory as the Delhi High Court nullified a tax demand order of ₹59.04 crore against the company. This ruling provides immediate financial relief to KEI Industries, potentially freeing up resources for other initiatives. The decision may also set a legal precedent for similar cases and could boost investor confidence in the company's financial management.
21May 25
KEI Industries Expands Footprint with Strategic Land Acquisition in Rajasthan
KEI Industries Ltd., a leader in power and telecom cables, has acquired land from RIICO in Salarpur, Rajasthan for ₹935.80 million. This strategic move aims to enhance manufacturing capabilities and operational efficiency. The location offers logistical advantages and access to resources. While specific plans are undisclosed, the acquisition suggests anticipated growth and preparation for market expansion.
KEI Industries, a power and electrical equipment company, announced strong Q4 FY25 results with a 34.4% increase in net profit to ₹227.00 crore. Revenue grew by 25% to ₹2,915.00 crore, while EBITDA rose 18% to ₹301.30 crore. The company projects 17-18% revenue growth for FY26, focusing on expanding exports and increasing production capacity. KEI Industries' stock rose 4.1% following the announcement.
06May 25
KEI Industries Reports Strong Q4 Financial Results: Net Profit Surges 36%, Revenue Up 25.6%
KEI Industries, a leading cables and wires manufacturer, has posted strong Q4 results with net profit rising 36% YoY to ₹2.30 billion and revenue increasing 25.6% to ₹29.14 billion. EBITDA grew 22.4% to ₹3.00 billion, though EBITDA margin slightly decreased to 10.34%. The company's performance was driven by robust demand in the cables and wires sector, showcasing its market strength and operational efficiency.