KEI Industries Shares Surge 11% Post Q3 FY25 Results and Dividend Announcement

KEI Industries share price rose significantly following the announcement of its Q3 FY25 results and an interim dividend. The share price gained over 11% in 2 days, with a 9.4% jump on Thursday, hitting an intraday high of ₹4,516.65.

Stock Performance

As of 10:46 AM on Thursday, the stock was trading at ₹4,471.55 on the BSE, up 8.34%. The company’s market cap stood at ₹42,726.82 crore. The 52-week high was ₹5,040.4, and the 52-week low was ₹2,883.6. Over the past year, KEI shares have surged 36.7%, outperforming the Sensex, which rose 8.5% in the same period.

Q3 FY25 Financial Highlights

• Net Profit: ₹165 crore, a 9% YoY increase compared to ₹151 crore in Q3 FY24.
• Revenue: ₹2,467 crore, up 19.8% YoY from ₹2,059 crore a year ago.

Interim Dividend Announcement

• The board approved an interim dividend of ₹4 per equity share (face value of ₹2 each) for FY25.
• The record date for the dividend is January 27, 2025.

Industry Growth Drivers

• The cable and wire industry is experiencing strong growth due to demand from sectors like power distribution, solar energy, and infrastructure.
• KEI’s continued focus on capital investment, robust margins, and a strong balance sheet is expected to further enhance its performance.

About KEI Industries

KEI Industries specialises in manufacturing electrical products, including power cables, control cables, and flexible cables. These products are widely used in power distribution, construction, and telecommunications, and the company is recognised for its high-quality offerings and strong industry presence.

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