16 Oct 2025 | 5 Mins Read
KEI Industries shares plummet 9% despite strong Q2 profit growth
Flipitmoney
KEI Industries' shares declined 6% to Rs 5,158 as the cable and wire maker reported a 31.3% year-on-year net profit rise to Rs 204 crore in Q2 FY26. Revenue grew 19.4% to Rs 2,726 crore. Domestic brokerage Nuvama maintained its Buy call with a target price of Rs 4,450. Analysts await management commentary on volume growth, margins, and international expansion.