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Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274 crore. Revenue from operations rose 23% to Rs 3,185 crore, backed by strong domestic wires and cables demand.
KEI Industries shares surge 7% after Q1FY27 profit jumps 40%, revenue rises 23%
Impact Score
Market Sentiment
↑BullishPrimary Sectors
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274 crore. Revenue from operations rose 23% to Rs 3,185 crore, backed by strong domestic wires and cables demand.
Key Highlights
Shares of KEI Industries rallied nearly 7% to Rs 5,363.20 on Tuesday following a 40% year-on-year jump in Q1 FY27 net profit to Rs 274 crore.
Revenue from operations rose 23% to Rs 3,185 crore, backed by strong domestic wires and cables demand..
Source
Economic Times
Published
5h ago
Impact Score
75 / 100
Category
Corporate Earnings
Positive near-term momentum expected in Corporate Earnings as market digests this development.
What this means
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