scorecardresearchKEI Industries: Sharekhan initiates a 'buy' call with a target price of ₹1,300

KEI Industries: Sharekhan initiates a 'buy' call with a target price of 1,300

Updated: 04 Jul 2022, 08:05 AM IST
TL;DR.
KEI Industries reported a 29.7% rise in net profit to 115.9 crore on a 44.19% increase in net sales to 1,799.5 crore in Q4 FY22 over Q4 FY21. Profit before tax increased by 33.04% in Q4 FY22 to 155.8 crore, up from 117.06 crore in Q4 FY21.
The stock gave a 1-year return of 57.6% as compared to the Nifty Midcap 100 which fell 1.42% in the same period.

The stock gave a 1-year return of 57.6% as compared to the Nifty Midcap 100 which fell 1.42% in the same period.