Fundamental View-

KEI Industries is a leading Indian player in the wires and cables segment, serving diverse sectors like power, real estate, infrastructure, and industrial projects. The company has a strong brand presence and a wide distribution network across India and global markets. As of FY24, KEI reported revenue growth of over 20% YoY, with a healthy operating margin around 11% and robust net profit growth, supported by increased demand in real estate and infra sectors. Its debt-to-equity remains low, reflecting strong financial discipline. The company is also investing in capacity expansion and R&D, positioning itself to benefit from the government’s continued focus on infrastructure, electrification, and renewable energy. KEI's consistent performance, strong order book, and healthy return ratios make it a fundamentally sound mid-cap stock in the capital goods space. Technical View- Based on the daily chart, the stock has shown a strong upside rally for the past two days. It is taking solid support near its previous day’s low and the 50-day moving average, indicating bullish momentum. Today, the stock opened above its 14-day EMA and showed a significant intraday move. In the cash segment, it opened at ₹3758.00, made a low of ₹3748.80, touched a high of ₹3900, and finally closed at ₹3892.40—up by ₹159.80 or +4.25%. The chart shows that the stock is facing a minor resistance near the 3900 level but continues to trade in a strong uptrend. If this momentum sustains, the stock may head towards 4200. Any dip can be a good buying opportunity, and positions may be initiated around current or lower levels with a stoploss at ₹3600. On the upside, targets of ₹4200 to ₹4300 can be expected in the short to medium term. Warning- ***** ***** *****