The shares of KEI Industries ended Tuesday on a positive note, closing 2.43% higher at ₹4,690.65 per share on the NSE. During the day, the stock surged as much as 3.18% to ₹4,725 apiece, contrasting with the benchmark Nifty 50’s decline of 0.28%. Over the past 12 months, KEI Industries has seen a remarkable rise of 74.73%, with a 46.92% increase year-to-date.
As the second quarter earnings season for FY 2024-25 progresses, investors are eagerly awaiting the results of several major companies. Today, companies such as HDFC Life Insurance, HDFC Asset Management, PVR INOX, DB Corp, Bank of Maharashtra, KEI Industries, and Lactose (India) are set to announce their Q2 financial reports.
Yesterday, Reliance Industries Ltd (RIL) and HCL Technologies reported their Q2 results. RIL posted a 4.8% year-on-year profit decline, with net earnings of ₹16,563 crore and revenue of ₹2,35,481 crore. HCL Tech, on the other hand, reported a 10.5% YoY profit increase, recording ₹4,237 crore in profit and ₹28,862 crore in revenue.
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