KEI Industries slips 4.76% to Rs 4,230 before Q2 results

KEI Industries fell 4.76% to Rs 4,230.40 on October 21, 2026, ahead of its Q2 results, with Rs 3,930 support and Rs 4,755 resistance in focus. KEI Industries Limited [

] fell 4.76% to Rs 4,230.40 on October 21, 2026, its fourth straight decline. The stock is down about 9% in four sessions, and Rs 3,930 is the key support below. The fall came before the September quarter results, which were announced after market hours. Consolidated profit rose 28.96% to Rs 262.45 crore. Revenue grew 38.52% to Rs 3,776.42 crore. The operating margin narrowed to 10.62% from 11.43%. The daily Relative Strength Index is at 30.42. A reading near 30 shows heavy selling and an oversold zone. On the chart, the stock slipped below its Rs 4,450 to Rs 4,755 range of September and October. Lower highs since the August peak show sellers remain active. What next: Rs 4,755 is the top of that range. A close above it may ease the downtrend. Rs 3,930, the March and April low zone, is the next support. The results reaction on October 22 may set the tone. Conclusion: Strong earnings and weak price action point in different directions. Until Rs 4,755 is reclaimed, the trend stays negative for now. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.