KEI Industries Invests Rs 1.9 Crore For Setting Up Plant

As a part of backward integration, the company has invested approximately Rs 1.9 crore in plant, machinery and accessories for setting up PVC manufacturing plant at Silvassa.

The investment is expected to meet approximately 90% of Silvassa plant total requirements of PVC compound.

Meanwhile, the stock traded in a positive territory gaining 1.63% at Rs 237.25 per share on BSE. The stock attracted a traded volume of 37,986 shares and a traded value of Rs 89.61 lakhs on Thursday’s trade.

As per market observers, the company has good consistent growth of 32.23% over a period of 5 years.

KEI Industries Limited is engaged in the manufacture and supply of power and other industrial cables. The company’s segments are cables, which consists of extra high voltage (EHV), high tension (HT) and low tension (LT) power cables, control and instrumentation cables, winding wires, and flexible and house wires etc.

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About Suhani Varma

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