KEI Industries at record high, up 6%, stock has surged 25% in one month

House wires and stainless steel wires saw strong demand, which should continue in October-March period (H2FY22) as well, analysts

Shares of KEI Industries rallied 6 per cent to hit a record high of Rs 1,172.60 on the BSE in Wednesday’s intra-day trade, had have surged as much as 25 per cent in past one month on the back of strong outlook. The stock surpassed its previous high of Rs 1,159 hit on November 26, 2021.

In the past three months, the stock of KEI Industries has surged nearly 50 per cent, as compared to a 0.32 per cent rise in the Sensex. Moreover, in the past six months, it has rallied 85 per cent as against a 11