"KEI Industries – Capacity Surge Fuels Next Leg of Power-Packed Growth."

KEI – Detailed Technical View

KEI is trading in a strong uptrend with price sustaining comfortably above key medium- to long-term MAs (100-DMA ~₹3350, 200-DMA ~₹3110), while short-term MAs (5/10/20-DMA ~₹3885-3910) are aligned in Buy, indicating robust trend strength despite recent volatility. Oscillators are largely positive: RSI(14) ~51 neutral-to-bullish, Stoch(9,6) ~60 Buy, Williams %R around -27 Buy, CCI near +99 Buy, Ultimate Oscillator ~65 Buy and ADX ~25 showing a healthy trending move; only STOCHRSI overbought and MACD slightly negative point to normal consolidation within an ongoing up-move. Pivot cluster around ₹3920-3950 (S1-R1) acts as key reference; dips towards ₹3900-3930 offer buy-on-decline opportunities for a move towards ₹3980-4020, with stops below ₹3880. Recent/Upcoming Events & Impact Sanand Plant Phase-1 Live: Gujarat greenfield adds ~60,732 km LT/HT cable capacity; Q4 FY26 revenue ~₹3,000 Cr, enhancing topline visibility (positive re-rating). Capex Expansion: ₹2,000 Cr plan includes ₹600 Cr EHV cables over 2 years, 25% capacity hike at Pathredi/Silvassa for high-margin growth. Order Book/Guidance: ₹5,400 Cr book with retail/export focus; no major near-term negatives noted. Positives: 19-20% YoY revenue/PAT growth with stable margins. Capacity expansions (Sanand/Pathredi/Silvassa/EHV) for volume/margin upside. ₹5,400 Cr order book, 35% promoter holding, strong brand. Bullish higher-timeframe technicals (MAs/ADX). ! Negatives/Risks: Rich valuation (~47x P/E) limits safety margin. ₹2,000 Cr capex risks (execution/delays). Infra/realty cyclicality exposure. Short-term overbought STOCHRSI/pullback risk.