News for KEI Industries Limited (KEI.BO)

Following India's precision strikes on terror hubs, the market experienced an initial dip, with the Sensex falling. Experts suggest the market impact will depend on the opposing side's response, considering the strikes' focused nature. Brokerages recommend strategic investment during this dip, highlighting opportunities in Bank of Baroda, KEI Industries, and CG Power.

KEI Industries' shares surged 4.1% following a robust March 2025 quarter, marked by a 34.4% jump in net profit to Rs 227 crore and a 25% revenue increase to Rs 2,915 crore. Despite a slight dip in operating margins, Nuvama maintains a 'Buy' rating with a target price of Rs 4,010, anticipating further stock recovery.

Shares of One97 Communications Ltd., Bombay Stock Exchange Ltd. and Hindustan Petroleum Corp. were in focus on Wednesday, after the companies announced their fourth quarter results. Aarti Drugs Ltd. shares rose the most, while Aadhar Housing Finance Ltd. fell the most, among the companies that announced their results for quarter ended March.

Polycab Limited announces a strong Q4 performance. The company's profit after tax rises to ₹727 crore. Revenue from operations increases by 25% to ₹6,985.7 crore. The board recommends a final dividend of ₹35 per share. Wires & Cables segment shows 22% growth. FMEG business delivers 33% growth. EPC segment surges by 47%. Shares rise following the positive results.

Key Results: Godrej Consumer Products, Bank of Baroda, CG Power & Industrial Solutions, HPCL, BSE, Polycab, One 97 Communications, Radico Khaitan, KEI Industries, Poly Medicure, Piramal Enterprises, Kansai Nerolac, Aadhar Housing Finance

Even without the NSE Nifty 50 companies on the list, a wide array of companies are expected to post their fourth quarter results on Tuesday and here's a look at some of the expected results. Alembic Pharmaceuticals Ltd. is projected to report revenue of Rs 1,646.1 crore, with a net profit of Rs 148.8 crore. The company's Ebitda is estimated at Rs 262.5 crore, with a margin of 16.6%.

Indian equity markets ended higher for the week, with the Sensex up 1.6% and Nifty gaining 1.3%, led by largecaps. Smallcaps lagged amid rising volatility. Key triggers ahead include the US Fed rate decision, Q4 results from SBI and Kotak Bank, India-Pakistan border tensions, and crude price swings. FIIs remained net buyers and the Rupee appreciated past 84/USD.

In the Nifty pack, 9 stocks were trading in the green, while 41 stocks were trading in the red.

The NSE Nifty index was trading 102.35 points up at 23293.0

Welspun Corp, Kaveri Seed Co., AstraZeneca, Aavas Financiers and Avanti Feeds, hit their fresh 52-week highs during the day.

The Nifty Bank index closed 0.72 per cent up at 50062.85.

In the Nifty 50 index, 46 stocks ended in the green, while 4 stocks closed in the red in today's trade.

The Nifty IT index closed 1.25 per cent up at 36676.65.

IndusInd Bank, Bajaj Finance, Trent, Shriram Finance and UltraTech Cem. were among the top losers on NSE in today's trade.

The Nifty Auto index closed 1.42 per cent up at 21623.05.

In the Nifty50 index, 46 stocks closed in the green, while 4 stocks ended in the red.

The Nifty Realty index closed 1.07 per cent up at 854.4.

The Nifty Pharma index closed 0.92 per cent up at 21340.6.

The NSE Nifty index closed 283.06 points up at 23190.65