Shares of KEI Industries Ltd have delivered multibagger returns in the last three years. KEI Industries stock, which closed at Rs 398.55 on August 21, 2020 hit an intraday high of Rs 2592 on the BSE today (August 22, 2023), delivering 550.35% returns in three years. During a period of two years and one year, the stock climbed 261% and 85%, respectively. In comparison, Sensex has zoomed 69.53% in three years. The stock of the wires and cable manufacturer hit a yearly low of Rs 1350.70 on August 29, 2022 and a record high of Rs 2812.20 on July 19, 2023.
Its revenue rose to Rs 1,790.90 crore for the first quarter ended June 30, 2023, compared to Rs 1,568.94 crore a year ago. Profit before tax climbed 16.42% to Rs 163 crore in the June 2023 quarter against Rs 140 crore in the June 2022 quarter.