Buy KEI Industries; target of Rs 2908: Prabhudas Lilladher
Prabhudas Lilladher is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 2908 in its research report dated September 25, 2023.
Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 2665 in its research report dated August 01, 2023.
Trade Spotlight | How you should trade in KEI Industries, Suzlon Energy, PVRInox today
PVRInox continued its uptrend for third consecutive session. With this rally, the stock has come back above 200-day EMA, while the trading volume was very strong in last couple of weeks.
KEI Industries shares tank over 8% post Q1 results
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.
Stocks in news: Power Grid, Maruti Suzuki, Adani Energy, Adani Total Gas, PVR Inox
Power Grid's consolidated net profit fell 5% to Rs 3,597 crore in the first quarter. The company's Board has also recommended the issue of bonus shares in the ratio of 1:3.
A $500 billion corporate-debt storm builds over global economy
Corporate bankruptcies are escalating globally, and experts warn that the fallout from what looks like the usual churn of capitalism may be more severe this time round. The deeper, more troubling issue thats causing increased anxiety is the debt loads that escalated over the past few years. With central banks applying rising pressure on interest rates, many companies will be unable to repay their debts and even though less than 15% of the nearly $600bn of distress debt trading globally has defaulted, companies owing half-a-trillion dollars may struggle to do so.
Sharekhan is bullish on KEI Industries has recommended buy rating on the stock with a target price of Rs 2665 in its research report dated June 30, 2023.
Nifty may cross its all time high in next 12 months: Amisha Vora
But I think that the reason to SEBI move that institutions cannot hold more than 10%. And this combined entity, of course, will have a much larger weight will take some more time for markets to adjust the overall holding.
Classroom of the Elite Season 3 faces delay, set to premiere in 2024
Although the delay in the premiere of "Classroom of the Elite Season 3" may come as a disappointment to fans, it is undoubtedly a decision made to ensure the highest quality production.
Ingersoll-Rand, Ceat among Nifty500 stocks which have surged over 100% from 52-week lows
Several stocks within the Nifty500 index have shown significant recoveries from their 52-week lows, indicating companies' resilience and market sentiment's potential for lucrative returns. Companies such as Ingersoll-Rand, KEI Industries, Adani Enterprises, Ceat, Cyient, Data Patterns, Tanla Platforms, and Sonata Software surged over 100% from their respective lows. These exceptional recoveries showcase companies' strength and their ability to capitalize on market opportunities and adapt to market dynamics.
Cyient, Raymond and 6 other Nifty small cap stocks soared over 100% from their 52-week low
Several stocks in the Nifty Smallcap 100 index have shown an impressive recovery from their 52-week lows, with standout performers including Mazagon Dock Shipbuilders and Jindal Stainless. Mazagon Dock Shipbuilders witnessed a remarkable increase of 429.49%, while Jindal Stainless marked an increase of 233.11%. Other notable recoveries include KEI Industries, Raymond, Cyient, Tanla Platforms, KPIT Technologies, and RBL Bank, demonstrating effective management strategies, resilience, and capacity to navigate market challenges and capitalize on growth opportunities. These recoveries highlight the potential for growth and market resilience within the Nifty Smallcap 100 index.
Suzlon Energy, Tanla Platform among 8 Nifty smallcap stocks that surged over 100% from their 52-week low
Nifty Smallcap100 stocks show significant recoveries from their 52-week lows, including KEI Industries, Raymond, Cyient, Tanla Platforms, Jindal Stainless, RBL Bank, Kalyan Jewellers, and Suzlon Energy. The recoveries are a testament to the companies' resilience and growth potential, reflecting market participants' renewed confidence in their future prospects.