Multibagger in just 1 year: This wires manufacturing stock soar over 6 per cent to make a 52-week high!
Multibagger in just 1 year: This wires manufacturing stock soar over 6 per cent to make a 52-week high!

Multibagger in just 1 year: This wires manufacturing stock soar over 6 per cent to make a 52-week high!

The Sensex Index touched an all-time high at a level of 63,601.71.

Kiran Shroff Article rating: 4.3

According to the financials, KEI Industries has a market cap of over Rs 21,000 crore. The net sales increased by 9.10 per cent to Rs 1,955 crore and net profit increased by 19 per cent to Rs 138 crore in Q4FY23 over Q4FY22. The net sales increased by 20.70 per cent to Rs 6,921 crore and net profit increased by 26.86 per cent to Rs 477 crore in FY23 over FY22.

High ROE & high ROCE multibagger stock: Mid-cap company secures Industrial Land for greenfield expansion from GIDC!
High ROE & high ROCE multibagger stock: Mid-cap company secures Industrial Land for greenfield expansion from GIDC!

High ROE & high ROCE multibagger stock: Mid-cap company secures Industrial Land for greenfield expansion from GIDC!

The company's shares experienced a significant increase in volume, more than 3.08 times, on the BSE.

Kiran Shroff Article rating: 3.8

The stock has a return on equity (ROE) of 25 per cent and a return on capital employed (ROCE) of 26 per cent.

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