KEI Industries Ltd Hits New 52-Week High at Rs.4625.9

Stock Performance and Market Context

KEI Industries Ltd, a prominent player in the cables and electricals industry, recorded its highest price in the last 52 weeks at Rs.4625.9. This new peak comes after six consecutive days of gains, although the stock experienced a slight pullback today with a marginal decline of 0.43%. Despite this, the stock remains well above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a strong upward trend.

In comparison, the broader sector underperformed today by 1.47%, highlighting KEI Industries’ relative strength. The Sensex, meanwhile, opened 144.25 points higher and is currently trading at 84,409.52, up 0.41%. The benchmark index is nearing its own 52-week high, just 2.07% shy of 86,159.02, supported by a three-week consecutive rise and bullish moving averages. Mega-cap stocks are leading this market rally, providing a positive backdrop for mid and small-cap performers like KEI Industries.

Over the past year, KEI Industries has delivered a total return of 20.45%, significantly outperforming the Sensex’s 9.19% gain. The stock’s 52-week low was Rs.2443.7, illustrating a remarkable recovery and growth trajectory over the period.

Financial Strength and Growth Drivers

KEI Industries’ ascent to this new high is supported by strong fundamental performance. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 21.68% and operating profit growing at 22.73%. This consistent expansion is reflected in the company’s quarterly results, which have been positive for the last four consecutive quarters.

In the most recent quarter, KEI Industries reported its highest net sales at Rs.2,954.70 crores and a peak PBDIT of Rs.320.09 crores. The company’s debtor turnover ratio stands at a robust 6.44 times, indicating efficient management of receivables and cash flow.

KEI Industries maintains a low average debt-to-equity ratio of 0.03 times, underscoring its conservative capital structure and financial prudence. This low leverage contributes to the company’s strong long-term fundamentals and reduces financial risk.

Profitability metrics further reinforce the company’s strength, with an average return on equity (ROE) of 16.83%, signalling effective utilisation of shareholders’ funds. However, it is noted that the current ROE stands at 12.8%, and the stock trades at a premium valuation with a price-to-book value of 7.1, reflecting market confidence in its growth prospects.

Institutional investors hold a significant 52.76% stake in KEI Industries, indicating strong backing from entities with extensive analytical capabilities and resources.

Valuation and Market Position

While KEI Industries has delivered a 20.45% return over the past year, its profits have risen by 34.8%, resulting in a price/earnings to growth (PEG) ratio of 1.5. This suggests that the stock is priced at a premium relative to its earnings growth, a factor that investors may consider when analysing valuation metrics.

The company’s market capitalisation grade is rated at 2, reflecting its mid-cap status within the electrical cables sector. The Mojo Score of 80.0 and an upgraded Mojo Grade to Strong Buy from Buy as of 09 Feb 2026 further highlight the stock’s favourable standing based on comprehensive quantitative and qualitative assessments.

Comparative Performance and Sector Dynamics

KEI Industries’ performance over the last three years has been consistently strong, outperforming the BSE500 index in each annual period. This sustained outperformance is notable within the cables and electricals sector, which has seen varied performance across its constituents.

The company’s ability to maintain positive quarterly results and steady growth in sales and profitability distinguishes it from many peers. Its low debt levels and efficient working capital management further enhance its competitive positioning.

Despite the stock’s recent peak and premium valuation, KEI Industries continues to trade above all major moving averages, signalling ongoing investor confidence and technical strength in the share price.

Summary of Key Metrics

To summarise, KEI Industries Ltd’s new 52-week high of Rs.4625.9 marks a significant achievement driven by:

• Annual net sales growth of 21.68% and operating profit growth of 22.73%
• Strong quarterly results with highest net sales and PBDIT recorded recently
• Low average debt-to-equity ratio of 0.03 times
• Average return on equity of 16.83%
• High institutional shareholding at 52.76%
• Outperformance of Sensex and BSE500 over the last year and three years respectively
• Mojo Score of 80.0 and upgraded Mojo Grade to Strong Buy

These factors collectively underpin the stock’s strong momentum and its ability to reach new price milestones within a competitive market environment.

Market Environment and Technical Indicators

The broader market environment remains supportive, with the Sensex trading above its 50-day and 200-day moving averages and showing a three-week consecutive rise. Mega-cap stocks are leading the gains, providing a positive sentiment backdrop for mid-cap stocks like KEI Industries.

Technically, KEI Industries’ trading above all key moving averages confirms a bullish trend, although the slight dip today after six days of gains suggests a short-term consolidation phase.

Considerations on Valuation

While the stock’s premium valuation reflects confidence in its growth trajectory, it also implies a higher price-to-book ratio compared to peers. The PEG ratio of 1.5 indicates that the market is pricing in continued earnings growth, which investors may weigh against the company’s current profitability metrics.

Overall, KEI Industries Ltd’s new 52-week high is a testament to its solid financial health, consistent growth, and strong market positioning within the cables and electricals sector.

Upgrade at special rates, valid only for the next few days. Claim Your Special Rate →