Prabhudas Lilladher recommended hold rating on KEI Industries with a target price of Rs 1572 in its research report dated January 24, 2023.

KEI Industries is a leading player in the wires and cables (W&C) space with an extensive product portfolio and distribution reach with PAN India presence. KEI ranks among the top three wires and cables (W&C) manufacturers in the country. It services retail and institutional customers.

Consumer price data has driven huge market moves this year, as surging inflation forced investors to ramp up expectations for Fed rate hikes. A stronger-than-expected reading on Nov. 10 would likely bolster the case for the Fed to continue.

Even though we are the best performing market, FIIs risk appetite is expected to come down when the US Fed hikes interest rate. Hence, they are likely to reduce their risk exposure in emerging markets. The trend will reverse as soon as the Fed signals the interest rate has peaked or inflation has peaked in US.

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1895 in its research report dated October 25, 2022.

Punjab National Bank shares have climbed 5 percent to Rs 43.3, their best closing since October 27, 2021, and formed a bullish candle on the daily charts but is it enough? Read on

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1765 in its research report dated September 16, 2022.

KEI Industries Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 13263.52 Crore) operating in Cables sector.

Redington (India) saw strong buying interest and had a gap-up opening on Thursday. It climbed 9.1 percent to Rs 139.55, and formed a large bullish candlestick pattern on daily charts with significantly higher volumes.

“The consolidation with high volatility is likely to continue for the next 1-2 sessions. Immediate support is placed at 17,200 and the strong resistance to be watched at 17,500 levels. A decisive move above the hurdle could pull Nifty towards the next upside trajectory of 17,800 levels.”

The Nifty Realty index closed 1.14 per cent down at 436.55.

The Nifty Bank index closed 0.62 per cent down at 37755.55.

The Nifty Auto index closed 0.2 per cent up at 12945.7.

The Nifty Pharma index closed 2.37 per cent up at 12982.35.

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1410 in its research report dated July 27, 2022.

Emkay Global Financial is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1350 in its research report dated July 27, 2022.

Prabhudas Lilladher recommended accumulate rating on KEI Industries with a target price of Rs 1273 in its research report dated July 27, 2022.

KEI Industries Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 11209.12 Crore) operating in Cables sector.

Earlier today, the dollar wobbled around just below multi-decade peaks on Tuesday, as traders eyed a rate hike from the US Federal Reserve and for any clues about whether hints of a slowing economy will prompt a shift away from its focus on inflation.

Asian stocks zigzagged between positive and negative territory but opened mostly higher Tuesday, with market heavyweight Alibaba boosted by news it will seek a primary listing in the city, which would allow it to be traded by mainland investors. MSCI's index of Asia-Pacific shares outside Japan was up by 0.15 per cent.

Abe, Japan's longest-serving modern leader, was gunned down on Friday during a campaign speech in the western city of Nara in a killing that stunned a country where political violence and gun crime are rare.

Net Sales are expected to increase by 61.6 percent Y-o-Y (down 8.2 percent Q-o-Q) to Rs 16,439 crore, according to Prabhudas Lilladher.

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated June 29, 2022.

Over the past one year, the wealth of HNIs has increased and some of this is spilling over into the real estate sector, leading to a surge in purchase of super luxury homes. Experts said the scarcity of such properties available for outright sale near Lutyens zone, coupled with increasing demand for such bungalows, will ensure that prices remain high despite market fluctuations in other parts of Delhi.

There is a classical bullish setup in NHPC as the counter had witnessed bullish flag formation in April month then it created a strong base at 200-DMA followed by a healthy correction.

The Nifty Pharma index was trading 0.12 per cent down at 12428.85.

For Rupak De, Senior of LKP Securities, 50-EMA has been acting as a crucial resistance. "The trend remains sideward for the near term. Support is visible at 16,400, whereas resistance is likely to remain intact at 16,700," he said.

As per data available with Accord Fintech, as many as 261 stocks have turned multibaggers in the last eight years and 31 have delivered over 1,000 per cent returns. At the same time, there are 19 stocks that have plunged 50-90 per cent.

Luxury housing sales in Mumbai and Pune were the highest in four years in 2021 and may set a new record in 2022, according to a joint report by India Sotheby's International Realty and CRE Matrix. According to this, 1,214 luxury residential properties worth ₹20,255 crore were sold in Mumbai in 2021, compared with 598 units worth ₹9,872 crore in 2018.

Textile, leather, food processing are some of the sectors in which Bihar has potential and this can entice investors to put in funds. However, the challenge posed by annual floods in Kosi river, not enough electricity for industries, bad roads in some parts of the state and the economic backwardness are hurdles that the state will have to overcome to compete with states like Gujarat and Maharashtra.

Emkay Global Financial is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1350 in its research report dated May 10, 2022.

Prabhudas Lilladher is bullish on KEI Industries recommended accumulate rating on the stock with a target price of Rs 1273 in its research report dated May 10, 2022.

Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 1300 in its research report dated May 10, 2022.