KEI Industries Ltd News
KEI can crack up to 25%; check PolyCab, Havells target price as per charts
Meanwhile, technical charts of the new entrant UltraTech Cement in the wires & cables business indicates a likely downside risk of up to 17% for the stock.
 "KEI can crack up to 25%; check PolyCab, Havells target price as per charts")
Polycab India, KEI, Havells, RR Kabel, UltraTech tank up to 15%; here's why
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables segment with an investment of Rs 1,800 crore over the next 2 years
 "Polycab India, KEI, Havells, RR Kabel, UltraTech tank up to 15%; here's why")
KEI Industries rises 5% as Morgan Stanley initiates with overweight rating
The northward move in KEI Industries share price came after foreign brokerage firm Morgan Stanley initiated coverage with 'Overweight' rating, with a target price of Rs 4,391
 "KEI Industries rises 5% as Morgan Stanley initiates with overweight rating")
Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning
Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.
 "Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning")
KEI Industries falls 6% as stock trades ex-dividend date today; details
KEI Industries boasts a rich history of paying dividends. BSE data reflects that the company has paid interim dividends of Rs 2 in 2021, Rs 2.50 in 2022, Rs 3 in 2023, and Rs 3.50 in 2024
 "KEI Industries falls 6% as stock trades ex-dividend date today; details")
KEI Ind shares gain 11% in two days of declaring Q3 results & dividend
In its Q3 results, KEI Industries reported a 9 per cent increase in consolidated net profit year-on-year (Y-o-Y) at Rs 165 crore as compared to Rs 151 crore a year ago
 "KEI Ind shares gain 11% in two days of declaring Q3 results & dividend")
Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering
Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.
 "Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering")
F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts
Union Bank stock futures plunged nearly 8% on the back of 54% increase in OI. On the other hand, Dr. Lal Path Labs and Metropolis Health witnessed long build-up on Monday; shows derivatives data.
 "F&O Market: Union Bank, Dabur see short build-up as Nifty tumbles 300pts")
KEI Industries shares drop 7% on reporting lower Q2 profit, Ebitda margins
Even as KEI Industries reported annual growth in its top- and bottomline in Q2, the wires and cable company's profit and operating margins contracted
 "KEI Industries shares drop 7% on reporting lower Q2 profit, Ebitda margins")
