# KEI (KEI) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/kei

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹4,585.5
- Change: +0.56%
- As of: 2026-09-18
- 1D return: +1.97%
- 5D return: +0.22%
- 1M return: -18.06%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, KEI's technical stance is mixed, with the daily timeframe showing bearish signals while longer-term weekly and monthly views present a more constructive picture. The daily trend indicators suggest weakness, with the price below key moving averages like the 20-day Exponential Moving Average (EMA) at ₹4932.94 and the 50-day Simple Moving Average (SMA) at ₹5190.44. The Supertrend indicator on the daily chart is also bearish at ₹5013.38. This contrasts with the weekly and monthly timeframes, where the price is above the 20-day EMA (₹4536.33 monthly, ₹5046.74 weekly) and the Supertrend indicator (₹3147.79 monthly, ₹4559.87 weekly), indicating potential underlying strength.

Recent activity includes an "Inside Bar" pattern on the weekly chart, suggesting consolidation. However, a significant "volume with price move" anomaly occurred on September 4, 2026, with a downward price movement of -0.09% accompanied by an extreme volume ratio of 6.55. The stock is currently trading at ₹4650.0, with immediate support identified near ₹4625.67 and resistance around ₹4690.33. The stock's current drawdown stands at -0.21%, with annualized volatility at 0.4.

- Daily trend indicators are bearish, with price below key moving averages (e.g., 20-day EMA at ₹4932.94).
- Weekly and monthly trends show bullish signals, with price above Supertrend (₹4559.87 weekly, ₹3147.79 monthly).
- Nearest support is observed around ₹4625.67, with immediate resistance near ₹4690.33.
- An "Inside Bar" pattern is active on the weekly chart.
- Watch for a break below ₹4625.67 to confirm daily weakness, or a move above ₹4690.33 to test near-term resistance.

- Inside Bar
- Outside Bar
- Doji

### News Context

KEI Industries announced its 34th Annual General Meeting (AGM) is scheduled for September 28, 2026. Key agenda items include seeking shareholder approval for the re-appointment of Mr. Anil Gupta as a director and the five-year re-appointment of Mr. Akshit Diviaj Gupta as Whole-time Director from May 10, 2027. The meeting will also address the adoption of audited financial statements for the fiscal year ended March 31, 2026, confirmation of a final dividend of ₹4.50 per equity share for FY 2025-26, and ratification of the cost auditors' remuneration. Remote e-voting will be available from September 25 to September 27, 2026. In parallel, the company has scheduled meetings with analysts and institutional investors in Mumbai on September 10 and September 11, 2026, to discuss business updates, with no unpublished price-sensitive information to be shared. KEI Industries also published required newspaper advertisements on September 6, 2026, related to the AGM notice and annual report dispatch.

- KEI Industries will hold its 34th AGM on September 28, 2026, to approve director re-appointments, financial statements, and a final dividend of ₹4.50 per share.
- Shareholder voting for the AGM will be open remotely via NSDL from September 25, 2026, 09:00 a.m. to September 27, 2026, 05:00 p.m.
- The company is scheduled to meet with analysts and institutional investors on September 10 and September 11, 2026, in Mumbai.
- Newspaper advertisements regarding the AGM notice and annual report were published on September 6, 2026.

- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange about Disclosure pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. |SUBJECT: Copy of Newspaper Publication
- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange regarding Submission of AGM Notice for the Financial Year 2025-26. |SUBJECT: Shareholders meeting
- KEI INDUSTRIES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### What Changed

As of September 18, 2026, KEI Industries has seen a modest increase in its stock price, moving from ₹4560.0 to ₹4650.0. This change occurred between an unstated prior date and the observation date of September 18, 2026. The company's profile on the NSE remains unchanged, indicating continuity in its listing status. There have been no new filings or news reported as of the report date, suggesting no significant corporate events or market announcements have occurred recently.

- KEI Industries stock price increased to ₹4650.0 as of September 18, 2026, from a previous price of ₹4560.0.
- The observation date for the latest price is September 18, 2026.
- The company continues to be listed on the NSE.
- No new filings or news were reported as of September 18, 2026.

### Official Filings

KEI Industries Limited has scheduled its 34th Annual General Meeting (AGM) for September 28, 2026. The meeting agenda includes seeking shareholder approval for the re-appointment of Mr. Anil Gupta as a director and the five-year re-appointment of Mr. Akshit Diviaj Gupta as Whole-time Director from May 10, 2027. Shareholders will also vote on ratifying the remuneration for M/s. S. Chander & Associates as Cost Auditors for the financial year ending March 31, 2027, and confirm the final dividend payment of ₹4.50 per equity share for the financial year 2025-26. Remote e-voting is available from September 25, 2026, to September 27, 2026. The company also disclosed its risk management framework and financial performance for the reporting period on September 5, 2026, noting an operating profit before working capital changes of ₹13,511.25 and net cash flows from operating activities of ₹8,399.54. Additionally, KEI Industries has scheduled meetings with analysts and institutional investors throughout September 2026, with the latest announced on September 7, 2026, for meetings on September 10 and 11, 2026, organized by Axis Capital Limited and UBS Securities India Private Ltd., respectively. No unpublished price-sensitive information will be shared during these interactions.

- The 34th Annual General Meeting is scheduled for September 28, 2026.
- Shareholder approval will be sought for the re-appointment of Mr. Anil Gupta and Mr. Akshit Diviaj Gupta (Whole-time Director from May 10, 2027, to May 9, 2032).
- A final dividend of ₹4.50 per equity share for FY 2025-26 is proposed for confirmation.
- Remote e-voting will be open from September 25, 2026, 09:00 a.m. to September 27, 2026, 05:00 p.m.
- The company reported operating profit before working capital changes of ₹13,511.25 and net cash flows from operating activities of ₹8,399.54 as of September 5, 2026.
- Meetings with analysts and institutional investors are scheduled for September 10 and 11, 2026.

- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange about Disclosure pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. |SUBJECT: Copy of Newspaper Publication
- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange regarding Submission of AGM Notice for the Financial Year 2025-26. |SUBJECT: Shareholders meeting
- KEI INDUSTRIES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- AS ON DATE : 05-SEP-26
- The Exchange had sought clarification from KEI Industries Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed. |SUBJECT: Reply to Clarification- Financial results
- KEI Industries Limited has informed the Exchange regarding 'Disclosure pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. |SUBJECT: Updates
- The Exchange has sought clarification from KEI Industries Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited. |SUBJECT: Clarification - Financial Results
- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

KEI Industries reported revenue from operations of ₹3,185.34 crore for Q1 FY2026-27. This follows a revenue of ₹3,476.40 crore in Q4 FY2025-26 and ₹2,954.70 crore in Q3 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹369.16 crore, compared to ₹377.15 crore in Q4 FY2025-26 and ₹314.67 crore in Q3 FY2025-26. The company's Profit Loss For Period (Net Profit) stood at ₹274.14 crore in Q1 FY2026-27, down from ₹284.31 crore in Q4 FY2025-26, but higher than ₹234.86 crore in Q3 FY2025-26. Tax expenses were ₹95.02 crore in Q1 FY2026-27.

- Revenue from operations for Q1 FY2026-27 was ₹3,185.34 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹369.16 crore.
- Net Profit for Q1 FY2026-27 was ₹274.14 crore.
- Tax expense for Q1 FY2026-27 was ₹95.02 crore.

### Bull Case

KEI Industries' monthly technical trend indicates a constructive setup, with the Supertrend indicator showing a bullish signal. The 20-day Exponential Moving Average (EMA) is above the 50-day Simple Moving Average (SMA), and the 20-day SMA is also trending upwards. This suggests potential underlying strength on a longer-term view, despite some short-term technical indicators pointing to a bearish trend on the daily timeframe.

- On a monthly basis, the Supertrend indicator for KEI Industries is bullish as of 2026-09-18.
- The monthly 20-day EMA is at ₹4536.33, while the monthly 50-day SMA is at ₹4243.28, indicating a positive trend.
- The monthly 20-day SMA is at ₹4243.28, showing an upward trajectory.

### Bear Case

KEI Industries' daily technical indicators suggest a weakening trend. The closing price of ₹4650.0 is below the 20-day Exponential Moving Average (EMA) of ₹4932.94 and the 50-day EMA of ₹5125.38. Furthermore, the 20-day and 50-day Simple Moving Averages (SMA) also show downward slopes, indicating a potential short-term downtrend. The Average Directional Index (ADX) at 31.63, combined with a negative Directional Movement Index (minus DI at 28.84 exceeding plus DI at 15.32), supports this bearish sentiment on a daily basis. The Supertrend indicator is also in a bearish direction at ₹5013.38. While the monthly trend shows a bullish Supertrend, the daily chart's technical signals warrant caution.

- On a daily basis, the closing price of ₹4650.0 is below the 20-day EMA of ₹4932.94 and the 50-day EMA of ₹5125.38.
- Daily SMAs show negative slopes: the 20-day SMA slope is -296.26 and the 50-day SMA slope is -57.43.
- The daily ADX is 31.63, with minus DI (28.84) higher than plus DI (15.32), indicating a bearish trend.
- The daily Supertrend indicator is at ₹5013.38, signaling a bearish trend.

### FAQs

**What were the key outcomes of KEI Industries' 34th Annual General Meeting (AGM) held on September 28, 2026?**

The 34th AGM of KEI Industries, held on September 28, 2026, saw shareholders approve the final dividend payment of ₹4.50 per equity share for the financial year 2025-26. The meeting also sought shareholder approval for the re-appointment of Mr. Anil Gupta as a director and the five-year re-appointment of Mr. Akshit Diviaj Gupta as Whole-time Director from May 10, 2027, to May 9, 2032. Additionally, the remuneration for M/s. S. Chander & Associates as Cost Auditors for the financial year ending March 31, 2027, was ratified.

**How has KEI Industries' stock performed over different periods leading up to September 18, 2026?**

As of September 18, 2026, KEI Industries' stock has shown mixed performance across different timeframes. It recorded a return of 12% over the past year and 6% over the last six months. However, it experienced a decline of 20% in the last month and 17% over the last three months. The stock also showed a 4% return since the beginning of the year (YTD) and a 0% return over the last five years.

**What is the current technical trend for KEI Industries' stock based on daily and weekly analysis as of September 18, 2026?**

As of September 18, 2026, the daily technical trend for KEI Industries indicates a bearish SuperTrend at 5013.38, with the closing price at ₹4650.0 being below the 20-day and 50-day Exponential Moving Averages (EMAs) of ₹4932.94 and ₹5125.38, respectively. In contrast, the weekly trend shows a bullish SuperTrend at ₹4559.87, with the closing price above the 20-day EMA of ₹5046.74, although below the 50-day EMA of ₹4751.85.

**What recent investor engagement activities has KEI Industries undertaken?**

KEI Industries has been actively engaging with analysts and institutional investors. The company informed exchanges about upcoming physical one-on-one and group meetings in Mumbai on September 10, 2026, organized by Axis Capital Limited, and on September 11, 2026, organized by UBS Securities India Private Ltd. These meetings are scheduled to occur without the sharing of any unpublished price-sensitive information.

- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange about Disclosure pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015. |SUBJECT: Copy of Newspaper Publication
- KEI Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KEI Industries Limited has informed the Exchange regarding Submission of AGM Notice for the Financial Year 2025-26. |SUBJECT: Shareholders meeting
- KEI INDUSTRIES LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 28-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹4,528.17
- Risk regime: Price Risk Requires Attention

### Support levels
- 4321.55
- 4004.1
- 3867.356640625

### Resistance levels
- 5069.6
- 5246.95
- 5437.15

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.97% |
| return_10 | -12.71% |
| return_1m | -19.69% |
| return_1y | +12.06% |
| return_20 | -18.06% |
| return_3m | -17.41% |
| return_5 | +0.22% |
| return_6m | +5.92% |
| return_since_start | +4.04% |
| return_ytd | +3.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -43.99% |
| annualized_volatility | +40.15% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and Profit Rise Year-on-Year; Margins Improve Despite Sequential Decline

In Q1 FY2026‑27, KEI Industries reported revenue of ₹3,185.34 crore, a 22.97% increase from the same quarter last year, though 8.37% lower than the preceding quarter. Profit before tax rose 40.24% year‑on‑year to ₹369.16 crore, and net profit rose 40.05% to ₹274.14 crore. Profit margins expanded compared with both the prior‑year quarter and the immediate previous quarter.

## Revenue: Year-on-Year Growth, Sequential Decline

Revenue from operations was ₹3,185.34 crore in the current quarter, compared with ₹2,590.32 crore in Q1 FY2025‑26 and ₹3,476.40 crore in Q4 FY2025‑26. The year‑on‑year increase of 22.97% followed growth from the same period last year. The sequential decline of 8.37% ended a run of quarterly increases that extended from Q1 FY2025‑26 through Q4 FY2025‑26.

Segment revenue was identical to consolidated revenue in every reported quarter.

## Profitability: Margin Expansion Across Periods

Profit before tax (PBT) rose to ₹369.16 crore from ₹263.23 crore a year ago, a 40.24% increase that outpaced revenue growth. The PBT margin improved from 10.16% in Q1 FY2025‑26 to 11.59% in the current quarter. Sequentially, PBT declined only 2.12% from ₹377.15 crore in Q4 FY2025‑26, a much smaller drop than the 8.37% revenue decline, lifting the PBT margin from 10.85% to 11.59%.

Net profit followed a similar pattern: ₹274.14 crore versus ₹195.75 crore a year ago (up 40.05%) and ₹284.31 crore in the prior quarter (down 3.58%). The net profit margin rose from 7.56% to 8.61% year‑on‑year and from 8.18% to 8.61% sequentially.

Tax expense was ₹95.02 crore, compared with ₹67.48 crore a year ago and ₹92.84 crore in Q4 FY2025‑26. The effective tax rate was 25.74% in the current quarter, slightly above the 24.62% rate in Q4 FY2025‑26 but similar to the 25.63% rate in Q1 FY2025‑26.

## Cost Structure: Raw Material and Employee Costs

Cost of materials consumed was ₹2,986.95 crore, equivalent to 93.77% of revenue. Employee benefit expense was ₹104.27 crore, or 3.27% of revenue. Together, these two expense categories accounted for 97.04% of revenue in the current quarter.

## Key Takeaway

KEI Industries reported year‑on‑year growth in revenue and profit, with profit expanding faster than revenue and leading to improved margins. The sequential decline in revenue from the previous quarter’s high was accompanied by a much smaller profit decline, reflecting further margin improvement.

### Ratios

## Official filings

- 2026-09-15 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_15092026132508_Intimation1509.pdf)
- 2026-09-07 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_07092026153314_signed_Intimation_merged.pdf)
- 2026-09-07 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_07092026171310_SignedIntimation.pdf)
- 2026-09-05 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_05092026153214_SignedNotice.pdf)
- 2026-09-05 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_2379_WebXMLFile_20260905_163710453.xml)
- 2026-09-04 — Annual Report: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31533_KEI_2025_2026_A_10132962_05092026162231.pdf)
- 2026-09-01 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_29082026155305_SignedClarification_Letter.pdf)
- 2026-08-31 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_31082026162436_SignedPreadvertisement.pdf)
- 2026-08-28 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/content/RSS/Online_announcements.xml)
- 2026-08-24 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_24082026171418_SignedKEI_Industries.pdf)
- 2026-08-21 — Official Filing: KEI INDUSTRIES LIMITED — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_2379_WebXMLFile_20260821_122242524.xml)
- 2026-08-14 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_14082026160345_SignedESGIntimation.pdf)
- 2026-08-07 — Generic Announcement: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_07082026162612_intimation_merged.pdf)
- 2026-08-07 — Earnings Presentation: KEI Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_07082026182120_PowerPoint_Presentation.pdf)
- 2026-08-04 — Generic Announcement: KEI Industries Limited has provided a link to the audio recording of an Analysts/Investors Call held on August 4, 2026, concerning the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The financial results were approved by the Board on August 3, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_04082026164120_SignedIntimation.pdf)
- 2026-08-04 — Generic Announcement: KEI Industries Limited announced on August 4, 2026, that its Un-Audited Financial Results for the First Quarter ended June 30, 2026, have been approved by the Board of Directors and reviewed by the Audit Committee on August 3, 2026. These results were published in the Business Standard newspaper on August 4, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_04082026144840_SignedIntimation.pdf)
- 2026-08-04 — Official Filing: KEI Industries Limited has disclosed an audio recording of a call held on August 4, 2026. The recording was uploaded to the company's website on August 4, 2026, at 16:00:00. Prior intimation of the earnings call was provided to the exchange on July 28, 2026.
- 2026-08-04 — Official Filing: KEI Industries Limited has scheduled analyst or institutional investor meetings in Singapore on August 11, 2026, and August 12, 2026, with contacts Ruchir Jhunjhunwala and Janet Chan respectively. Further meetings are scheduled in Hong Kong on August 13, 2026, with contact Friyan Bharucha, and in Kuala Lumpur on August 13, 2026, hosted by Jefferies India Private Limited, with contact Deepa Raut.
- 2026-08-03 — Generic Announcement: KEI Industries Limited will hold investor meetings in Singapore from August 11-12, 2026, and in Hong Kong on August 13, 2026, organized by Nuvama Wealth Management Limited. Additionally, Jefferies India Private Limited will organize a one-on-one meeting in Kuala Lumpur on August 13, 2026. No unpublished price-sensitive information will be shared during these meetings. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_03082026202119_SignedIntimation.pdf)
- 2026-08-03 — Generic Announcement: KEI Industries Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026, detailing the utilization of Rs. 2,000.00 crore raised through Qualified Institutions Placement. The report, reviewed by the Audit Committee and Board of Directors on August 03, 2026, indicates no deviation from the stated objects of the issue. The primary object, partial funding for a cable manufacturing facility at Sanand, Ahmedabad, has seen Rs. 1234.62 crore utilized by June 2026, with the first phase commissioned by December 2025 and EHV Cable production expected by Q4 FY 2026-27. A minor delay of approximately one month is noted for the repayment of borrowings object, with Rs. 0.35 crore utilized in Q1FY27 for vendor payment under General Corporate Purpose. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_03082026214633_Signed_Intimation.pdf)
- 2026-08-03 — Management Change: The Board of Directors of KEI Industries Limited, in their meeting on August 3, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. They also approved the re-appointment of Mr. Akshit Diviaj Gupta as Whole-Time Director for five years from May 10, 2027, and set the Annual General Meeting date for September 28, 2026. The company noted an income-tax search activity in May 2026, stating no material adverse impact is currently ascertainable. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_03082026181253_SignedOutcome.pdf)
- 2026-08-03 — Generic Announcement: The Board of Directors of KEI Industries Limited, in their meeting on August 3, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. They also approved the re-appointment of Mr. Akshit Diviaj Gupta as Whole-Time Director for five years from May 10, 2027, and set the Annual General Meeting date for September 28, 2026. The company noted an income-tax search activity in May 2026, stating no material adverse impact is currently ascertainable. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_03082026180658_SignedOutcome.pdf)
- 2026-08-03 — Official Filing: KEI Industries Limited announced on August 3, 2026, the re-appointment of Akshit Diviaj Gupta as Executive Director and Whole-Time Director (WTD). The appointment is effective from May 10, 2027, for a term of 60 months. This decision was an outcome of a board meeting held on the same date.
- 2026-08-03 — Official Filing: KEI Industries Limited announced a capacity addition on August 3, 2026, with an investment of INR 700 crore to be financed through internal accruals. The expansion includes adding 50,000 KMS of Cables and 40,000 MT of GI Wires for backward integration. This new capacity is expected to be operational by September 2028 in a phased manner to meet increased demand.
- 2026-08-03 — Generic Announcement: The Board of Directors of KEI Industries Limited, in their meeting on August 3, 2026, approved the unaudited financial results for the first quarter ended June 30, 2026. They also approved the re-appointment of Mr. Akshit Diviaj Gupta as Whole-Time Director for five years from May 10, 2027, and set the Annual General Meeting date for September 28, 2026. The company noted an income-tax search activity in May 2026, stating no material adverse impact is currently ascertainable. — [Official attachment](https://nsearchives.nseindia.com/corporate/KEI_03082026181912_SignedOutcome.pdf)

## News and market events

- 2026-09-11 — Economic Times: **Jefferies cuts KEI Industries target price by 11%. Will UltraTech’s entry put the company at risk?** — Jefferies has cut its target price for KEI Industries by 11% to Rs 6,150, citing concerns over UltraTech Cements entry into wires and cables. The brokerage expects some retail market-share pressure but believes KEI can offset the impact through power transmission cables and exports, retaining its Buy rating on the stock. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/jefferies-cuts-kei-industries-target-price-by-11-will-ultratechs-entry-put-the-company-at-risk/articleshow/134056011.cms)
- 2026-09-11 — MONEYCONTROL: **Buzzing Stocks: Neogen Chemicals shares fall 4% on QIP launch; Shankesh Jewellers surges 12% after Q1 profit doubles** — Buzzing Stocks — [Source](https://www.moneycontrol.com/news/business/markets/buzzing-stocks-neogen-chemicals-shares-fall-4-on-qip-launch-shankesh-jewellers-surges-12-after-q1-profit-doubles-14027603.html)
- 2026-09-10 — MONEYCONTROL: **UltraTech's Ultravolt entry to pressure wires margins; Kotak cuts target multiples** — UltraTech, UltraTech shares, UltraTech stocks, Kotak Institutional Equities, Polycab — [Source](https://www.moneycontrol.com/news/business/stocks/ultratech-s-ultravolt-entry-to-pressure-wires-margins-kotak-cuts-target-multiples-14026928.html)
- 2026-09-08 — BUSINESSTODAY: **Polycab India: Recent underperformance offers buying opportunity?** — Polycab India, cables and wires stocks, C&W industry, Polycab India target price, Indian stocks, brokerage views, share price, cable stocks, The Aditya Birla Group, wires and cables market, Ultravolt — [Source](https://www.businesstoday.in/markets/stocks/story/polycab-india-recent-underperformance-offers-buying-opportunity-price-target-jefferies-553986-2026-09-08)
- 2026-09-08 — Economic Times: **Ultravolt launch sparks sell-off in wire stocks; high-voltage players insulated** — The wire and cable industry faced stock declines amidst rumors of Ultravolts impending market entry. The Aditya Birla Group's initiative aims for a robust nationwide distribution and retail network, stirring competition among established players. Leaders like Polycab and Havells have felt the pinch with falling stock prices, though those in the mid-to-extra high voltage sector might remain relatively insulated from these changes. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ultravolt-could-trip-retail-wire-players-high-voltage-companies-have-some-insulation/articleshow/133902246.cms)
- 2026-09-07 — CNBC-TV18: **FIIs turn marginal buyers on Monday, DIIs extend 20-session streak** — Foreign institutional investors turned marginal net buyers in Indian equities on Monday after selling on Friday, while domestic institutional investors extended their buying streak to 20 sessions. — [Source](https://www.cnbctv18.com/market/fiis-turn-marginal-buyers-on-monday-diis-extend-20-session-streak-19985900.htm)
- 2026-09-07 — BUSINESSTODAY: **UltraTech Cement’s cables & wires entry: Will peer stocks face near-term pressure?** — UltraTech Cement share price today, UltraTech Cement shares, UltraTech Cement share price, UltraTech Cement news — [Source](https://www.businesstoday.in/markets/stocks/story/ultratech-cements-cables-wires-entry-will-peer-stocks-face-near-term-pressure-553611-2026-09-07)
- 2026-09-07 — MONEYCONTROL: **Cable stocks extend losses as Citi flags UltraTech threat; RR Kabel, KEI fall over 3%** — ultratech share price today, polycab stock update, havells share price news, kei industries stock, cables wires shares, ultratech ultravolt, ultratech cables wires entry — [Source](https://www.moneycontrol.com/news/business/markets/cable-stocks-extend-losses-as-citi-flags-ultratech-threat-rr-kabel-kei-fall-over-3-14024159.html)
- 2026-09-07 — Economic Times: **Wires on fire: Why UltraTech’s Rs 1,800 crore Ultravolt bet wiped out Rs 21,500 crore in 2 days** — UltraTechs entry into wires and cables triggered a sharp selloff in listed peers as investors assess the impact of intensified competition on market share, pricing and margins. While house wires and light-duty cables face the most immediate pressure, higher-voltage segments remain relatively insulated. Analysts remain positive on long-term industry growth, but caution that elevated valuations leave incumbents vulnerable. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/wires-on-fire-why-ultratechs-rs-1800-crore-ultravolt-bet-wiped-out-rs-21500-crore-in-2-days/articleshow/133865793.cms)
- 2026-09-06 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian benchmark indices ended slightly higher on Friday, with the Sensex rising 363 points and Nifty closing below 23,898. Investors monitored global market cues, US economic data, and inflation reports, while stock-specific action drove intraday activity across major sectors in a sideways-moving market environment. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/133834844.cms)
- 2026-09-04 — CNBC-TV18: **Sensex rises 363 points, Nifty gains 24 points: 3 reasons why stocks ended mixed** — Broader markets underperformed, with the Nifty Midcap index falling 156 points to 63,079, while several stocks moved sharply on company-specific developments. — [Source](https://www.cnbctv18.com/market/sensex-rises-363-points-nifty-gains-24-points-3-reasons-why-stocks-ended-mixed-19984343.htm)
- 2026-09-04 — BUSINESSTODAY: **RR Kabel, KEI Industries, Polycab shares sink up to 8%; Nuvama lists preferred picks** — RR Kabel, KEI Industries, Polycab India, JM Financial, cables and wires stocks, C&W industry, Polycab India target price, KEI Industries target price, RR Kabel target price, Nuvama downgrade, stock market, Indian stocks, brokerage views, share price, cable stocks, The Aditya Birla Group, wires and cables market, Ultravolt — [Source](https://www.businesstoday.in/markets/stocks/story/rr-kabel-kei-industries-polycab-shares-sink-up-to-8-percent-nuvama-lists-preferred-picks-553325-2026-09-04)
- 2026-09-04 — CNBC-TV18: **Motilal Oswal bets on PhysicsWallah, sees UltraTech's cables entry pressuring Polycab, KEI** — Siddhartha Khemka, Head of Research, Wealth Management, Motilal Oswal Financial Services, shared his views on BSE, United Breweries, Blinkit versus Swiggy, and why corrections in select cable stocks could offer buying opportunities. Which sectors and stocks are its top high-conviction bets now? Watch the full video. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions. — [Source](https://www.cnbctv18.com/videos/market/motilal-oswal-physicswallah-ultratech-cables-polycab-kei-bse-blinkit-swiggy-stock-market-analysts-19984063.htm)
- 2026-09-04 — CNBC-TV18: **Angel One, BSE rally as cable stocks fall on UltraTech's segment entry at Nifty 500 market opening** — A regulatory review and UltraTech Cement's early entry into the wires and cables segment drove sharp moves across the Nifty 500 at market open — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-angel-one-hfcl-hbl-engineering-kei-industries-polycab-rr-kabel-ultratech-cement-share-price-19983905.htm)
- 2026-09-04 — CNBC-TV18: **Polycab, KEI and peer stocks may see near-term de-rating on UltraTech's aggression, Nuvama warns** — Brokerage firm Motilal Oswal believes that Ultratech could achieve 5% - 7% market share by the financial year 2031. It said it is not changing its earnings estimates for the stock and will wait for more clarity on the revenue, margin guidance for the cables and wires business. — [Source](https://www.cnbctv18.com/market/ultratech-cement-share-price-wires-and-cables-foray-near-term-derating-for-polycab-kei-peer-stocks-impact-19983822.htm)
- 2026-09-02 — BUSINESSTODAY: **RR Kabel, KEI Industries, Polycab India shares tumble; JM Financial downgrades stocks, revises targets** — RR Kabel, KEI Industries, Polycab India, JM Financial, cables and wires stocks, C&W industry, Polycab India target price, KEI Industries target price, RR Kabel target price, JM Financial downgrade, stock market, Indian stocks, brokerage views, share price, cable stocks — [Source](https://www.businesstoday.in/markets/stocks/story/rr-kabel-kei-industries-polycab-india-shares-tumble-jm-financial-downgrades-stocks-revises-targets-552801-2026-09-02)
- 2026-09-02 — CNBC-TV18: **Equirus on UltraTech's cables entry and whether it's time to buy the dip in Polycab, RR Kabel and KEI** — Equirus Securities' Manoj Gori breaks down why UltraTech's early Gujarat wires plant start-up spooked Polycab, KEI and RR Kabel shares — and why he isn't rushing to call it a buying opportunity yet. He also flags Diamond Power's expansion plans and a possible fresh UltraTech cables capex as the next big triggers for the sector. What could that mean for valuations from here? — [Source](https://www.cnbctv18.com/market/ultratech-cable-push-polycab-kei-equirus-securities-manoj-gori-rr-kabel-wire-19982043.htm)
- 2026-09-01 — CNBC-TV18: **Nifty holds 24,000, rupee hits 2-month high; sugar, IT, auto stocks in focus** — Indian benchmark indices ended higher in a volatile session, with the Nifty holding above 24,000 after CAS. The rupee strengthened to a two-month high, while auto, sugar, aviation and select Adani stocks saw sharp moves. — [Source](https://www.cnbctv18.com/market/closing-bell-nifty-holds-24000-rupee-hits-2-month-high-sugar-it-auto-stocks-19981517.htm)
- 2026-09-01 — CNBC-TV18: **Vardhman Textiles, Graphite India, ITC lead Nifty 500 gainers as Prestige Estates, KEI Industries fall at market open** — Some Nifty 500 stocks rallied at market open, led by a sharp volume spike in one counter, while others slid on profit booking — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/nifty-500-top-gainers-losers-market-open-vardhman-textiles-graphite-india-itc-adani-green-19981152.htm)
- 2026-08-28 — Economic Times: **Sensex Today | Nifty50 | Stock Market LIVE Updates: Sensex jumps over 300 pts, Nifty above 24,100; Infosys, Eternal rise 2% each - The Economic Times** — Sensex Today | Nifty 50 | Stock Market Live Updates: The Indian stock market opened in the green on Friday, a day after Sensex saw sharp downward spikes in the fag end of its month-expiry session, spooking investors. — [Source](https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-nifty50-stock-market-live-updates-gift-nifty-wipro-lenskart-share-price-28-august-2026/liveblog/133581293.cms)
- 2026-08-27 — CNBC-TV18: **These two wires and cables stocks can gain up to 21% on BofA's bullish structural growth bets** — BofA has set a target price of ₹11,000 for Polycab, implying an upside of 21.4% from its previous close of ₹9,060. For KEI Industries, the brokerage has assigned a target price of ₹6,300, indicating an upside of 13.7% from its previous close of ₹5,540. — [Source](https://www.cnbctv18.com/market/polycab-kei-shares-rise-bofa-initiates-coverage-upsides-buy-ratings-target-structural-growth-19978071.htm)
- 2026-08-21 — BUSINESSTODAY: **Rising demand, Make in India focus driving manufacturing growth in India, but speed bumps need to be addressed, say experts** — Rising demand, Make in India focus driving manufacturing growth in India, but speed bumps need to be addressed, say experts — [Source](https://www.businesstoday.in/india-at-100/story/rising-demand-make-in-india-focus-driving-manufacturing-growth-in-india-but-speed-bumps-need-to-be-addressed-say-experts-550713-2026-08-21)
- 2026-08-05 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: GIFT Nifty trades 160 pts higher; Marico in focus** — Sensex Today | Stock Market Live Updates: It remains to be seen how the index moves in case it tests 24,800 on the upside yet again. The Nifty Bank, which underperformed for most of Tuesday, also saw a jump on Tuesday in the final tick, closing back near the 58,000 mark, sustaining above which will be key. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-rbi-policy-today-cas-ongc-lombard-auto-nbfcs-realty-bharti-nykaa-share-price-liveblog-19961862.htm)
- 2026-08-04 — CNBC-TV18: **Sensex Today | Stock Market Highlights: Late recovery trims losses, but markets end lower; Sensex falls 210 points, Nifty below 24,650** — Stock Market Highlights: The Sensex settled 210 points lower at 78,429, while the Nifty50 fell 159 points to 24,615. Both indices, however, recovered strongly in the final minutes of trade, closing 115 points and 150 points higher, respectively, than their levels before the closing auction. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-banks-midcaps-lic-paytm-meesho-kalyan-arvind-bharti-bse-share-price-liveblog-19960944.htm)
- 2026-08-04 — CNBC-TV18: **Q1 Results LIVE Updates: Uno Minda revenue up 24%; Restaurant Brands Asia shares rise 11.5%** — Q1 Results LIVE Updates: Two Nifty 50 companies Bharti Airtel, ONGC and Ajmera Realty, Alembic Pharma, BSE, Bharti Hexacom, Castrol, Godrej Properties, Greaves Cotton, Kalyan Jewellers, Marico, MCX, Nykaa, Metro Brands, NHPC, Motherson Sumi Wiring, Pidilite, Protean e-GOV, Keystone Realtors, RITES, Saregama, Safari Industries, Sanofi India, Tata Investment, Symphony, United Breweries, Uno Minda, VRL Logistics, Zydus Wellness, Welspun Enterprises, Wonderla Holidays, Prince Pipes, Metropolis Healthcare, CE InfoSystems, are among the other companies reporting their numbers today. Earnings reactions also come from stocks like DLF, IREDA, Torrent Power, and other such names. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bharti-airtel-hexacom-ongc-dlf-sbi-funds-ireda-bse-mcx-kalyan-gcpl-marico-nykaa-pidilite-share-price-liveblog-19960965.htm)

## Business profile

**Strategic vision:** Manufactures wires, cables, and provides EPC solutions.

### Business segments
- **Wires and Cables Manufacturing:** The company manufactures and markets a comprehensive range of wires and cables, including Extra High Voltage (EHV), High Voltage (HV), and Low Voltage (LV) power cables, along with specialized electrical wires and cables for various applications.
- **Engineering, Procurement, and Construction (EPC) Solutions:** KEI Industries offers turnkey solutions in the power transmission and distribution sector, encompassing design, engineering, supply, erection, testing, and commissioning for substations, power transmission and distribution systems, and railway electrification projects.

### Competitive strengths
- Offers integrated wire and cable solutions globally.
- Provides comprehensive turnkey EPC solutions in power transmission and distribution.
- Supplies products to over 60 countries.

## Related stocks

- [AIAENG (Engineering & Capital Goods)](https://faxioms.com/stocks/aiaeng) — -0.37%
- [AMBER (Engineering & Capital Goods)](https://faxioms.com/stocks/amber) — +1.38%
- [ASTRAL (Engineering & Capital Goods)](https://faxioms.com/stocks/astral) — +0.59%
- [CEMPRO (Engineering & Capital Goods)](https://faxioms.com/stocks/cempro) — +0.23%
- [CIEINDIA (Engineering & Capital Goods)](https://faxioms.com/stocks/cieindia) — +0.32%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/kei
Markdown representation: https://faxioms.com/stocks/kei?render=md