Anil gupta, Chairman and MD of KEI Industries told CNBC-TV18 that this agreement will help the company acquire orders up to 400 kV from various public utilities, private players.
Sun Pharma | Tata Motors | Tata Global Beverages | Tata Chemicals | Tata Steel | Tata Power | Indian Hotels | Wockhardt | Cipla | Granules India | IL&FS Transportation | Tata Coffee | Phoenix Mills | Jet Airways | SpiceJet | InterGlobe Aviation | Borosil Glass and Opto Circuits are stocks, which are in the news today.
Copthall Mauritius Investment Limited sold 3,451,330 shares of KEI Industries at Rs 120.35 per share on the BSE.
In an interview to CNBC-TV18, Anil Gupta, CMD of KEI Industries spoke about the latest happenings in his company and sector.
Axis Bank | ICICI Bank | Lupin | Adani Enterprises | IL&FS Transportation | KEI Industries | Deep Industries | Jubilant Foodworks | VST Tillers | Future Consumer | LT Foods and Ess Dee Aluminium are stocks, which are in the news today.
ITC | HDFC Bank | Kotak Mahindra Bank | L&T Infotech | Wipro Hindustan Zinc | KPIT Technologies | KEI Industries | Nucleus Software | Bharat Seats | IIFL Holdings | UltraTech Cement | HPCL | Nevyeli Lignite | Ambuja Cements and VRL Logistics are stocks, which are in the news today.
As many as 59 GDR issues by 51 companies -- made during 2002 to 2014 period -- are being investigated by the Securities and Exchange Board of India (Sebi) for alleged manipulations.
KEI Industries' capacity utilisation is also going to rise to 90-92 percent in FY17 as compared to 85 percent in FY16.
Speaking to CNBC-TV18, Anil Gupta, CMD of the company said that KEI will get 40-45 percent of its revenue from retail by FY18 and aims to increase the number of dealers to 1500 from current 1000.
Simi Bhaumik of simibhaumik.com is of the view that one may buy Larsen and Toubro with a target of Rs 1240.
Sarvendra Srivastava of phisense.com advises buying Finolex Industries with a target of Rs 379.40.
Hemen Kapadia of KRChoksey Securities is of the view that one may hold KEI Industries for long term.
KEI Industries has reported a sales total income from operations of Rs 559.29 crore and a net profit of Rs 14.86 crore for the quarter ended Dec '15
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.
HDFC Bank | SBI | Jaiprakash Associates | Reliance Communications | Shemaroo Enterprises | Supreme Petro | Mahindra Holidays | SpiceJet | Cairn India | Unichem Labs | Force Motors | Persistent Systems | RS Software | KEI Industries | Ashoka Buildcon | Tata Power | Hero Motocorp and Cipla are stocks, which are in the news today.
Rakesh Bansal of RK Global recommends buying Chennai Petroleum Corporation, KEI Industries, Eveready Industries and Rajesh Exports.
Krish Subramanyam of Altamount Capital recommends selling Exide Industries and advises buying KEI Industries.
On December 29, 2015 Maryada Commercial Enterprises & Investment Co Ltd. sold 5,00,000 shares of KEI Industries.
Anil Gupta, CMD of the company said this order will open up fresh opportunities for the company in future, while highlighting that the margins might take time to improve.
The IPDS announced in the Union Budget 2014-15 envisages strengthening of sub-transmission network, metering, IT application, customer care services, provisioning of solar panels and the completion of the ongoing works of Restructured Accelerated Power Development and completion of the Reforms Programme (RAPDRP).
Ambareesh Baliga, Market Expert is of the view that one may prefer NTPC, Tata Power and Reliance Power.
Anil Gupta, CMD of the company expects topline growth of 23-25 percent and export growth of 50-60 percent over last year in FY16.
Way2Wealth is bullish on KEI Industries and has recommended neutral rating on the stock in its November 20, 2015 research report.
Kunal Bothra of LKP Securities advises buying Sasken Communication at around Rs 345.
CNBC-TV18' Varinder Bansal has a list of companies that posted good earning in the second quarter of FY16.