Posts in category All News
Kangana Ranaut slams Shankaracharya’s ‘betrayer’ remarks on Eknath Shinde: Golgappas or Governance? (18-07-2024)
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
The summary of my point is that in the context of their outlook and the lack of companies that come with such clean managements in the Industrials space in India the severe derating that you are waiting for might be less likely unless something fundamentally changes about this company
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
Hi, I am not sure if I understand your pov. Can you please elaborate?
Technical Breakout Stocks: How to trade Just Dial, Torrent Power and ONGC on Friday (18-07-2024)
Indus Towers Limited (18-07-2024)
Indus Towers expects growth as Airtel, Vodafone Idea expand: Analysts
KEI Industries Ltd – A consistent performer over the last decade (18-07-2024)
Hi Ishu, although i appreciate what you are saying and your willingness to buy this as it corrects one has to consider something very important - how many Indian industrials stocks are there that fit into category of KEI - benefiting from structural tailwinds, Power and Transmission, Housing, Exports, Data centers. On top of that you add the consistent commentary by management around margins and prudent capital management with new capacity coming in next year. The management has so far been clean and if you consider the forward looking multiple it is actually not that bad of a name. RR Kabel, a much more inferior business has been given similar or even higher rating than KEI in the past so I think if KEI continues to deliver the multiple will remain steady unless investors find a very good replacement for KEI in their portfolios