KEI Share Price | There are many shares in the stock market that have made investors millionaires. These stocks have given good returns to the investors. Investors are not willing to sell these shares. These shares are witnessing a continuous rise.
One such stock is that of KEI Industries Ltd. The stock is rising. The stock which was earlier trading at Rs 15, has now crossed Rs 3,800. This stock has given more returns than investors expected. Those who have invested in the long term have received higher returns. The company’s market cap has crossed Rs 35,000 crore.
KEI Share Price History
In the last 10 years, investors have given more than 27,000 percent returns in these shares. The profit of the company has also increased rapidly. Investors hope that these stocks will rise further in the coming days. KEI Industries operates in the sectors of building construction, defence, telecom, cables and stainless steel wires. The company also produces extra high voltage, medium voltage and low voltage power cables for the retail and institutional sectors.
KEI Share Price increase
KEI Industries’ shares were trading at Rs 14.95 on 11 May 2012. If an investor had invested money in this stock during this period, he would have become a millionaire today. KEI Industries’ shares closed at Rs 3,884.95 on Monday, April 29. In the last one month, the stock has given more than 10% returns to investors. Investors have given 57.14 percent returns in the last six months. KEI Industries shares have risen more than 106% in the past year. In the last five years, investors have seen a spectacular return of 861.15 percent.
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KEI Industries has become the country’s third largest wire and cable company. The company’s market cap has crossed Rs 35,000 crore. According to experts, the company is taking advantage of the new product. The profit of the company is increasing rapidly. There has been a huge decline in debt. Investors expect the stock to rise further in the coming days.
Disclaimer: Investing in mutual funds and share market is based on risk. Before investing in the stock market, consult your financial advisor.
