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Net Sales are expected to increase by 12.6 percent Y-o-Y (up 3.2 percent Q-o-Q) to Rs 2,009.5 crore, according to Prabhudas Lilladher.
Multiple levers make the company upbeat about growth prospects
Net Sales are expected to increase by 13.7 percent Y-o-Y (up 14.2 percent Q-o-Q) to Rs. 2,037 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 61.6 percent Y-o-Y (down 8.2 percent Q-o-Q) to Rs 1,643.9 crore, according to Prabhudas Lilladher.
Higher valuations could pose a risk in the near term for KEI Industries
Business activity is returning to pre-covid levels, earnings could surprise on the higher side in the coming quarters
Net Sales are expected to increase by 10.1 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,097 crore, according to Sharekhan.
The capital goods companies (excluding L&T) have announced orders worth Rs 14,500 crore for Q4FY19, down 55 percent YoY
KEI Industries posted a mixed set of Q3 earnings. Their profit after tax (PAT) has increased 50 percent and finance costs have declined. Margins, however, appear under pressure this quarter. In an interview with CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the results and his outlook for the company.
KEI Industries is likely to achieve 15-20 growth in exports in the coming years and CMD Anil Gupta says this is beneficial as export margins are 1-1.5 percent higher versus domestic market.
Anil Gupta, CMD of KEI Industries says the company's volume growth for the cable business was at 25 percent in 9 months of FY16.
CNBC-TV18' Varinder Bansal has a list of companies that posted good earning in the second quarter of FY16.
In its turkey segment, the company's sales were exceptionally high by 80 percent.
In an interview to CNBC-TV18, Nischal Maheshwari of Edelweiss, says capital goods and private banks will post stronger numbers while metals and cement Q1 results would be a drag on the market.
In an interview with CNBC-TV18, Anil Gupta, CMD, KEI Industries says, the company has an order book position of around Rs 750 crore at the moment. He expects Rs 1,750 crore turnover in FY12.