BusinessPhoto: Mint MarketsKEI Industries Shares Gain 318% in 5 Years; InCred Sees 29% Upside
KEI Industries shares have delivered a 318% return over five years despite recent declines. InCred Equities upgraded the stock, citing sustained growth, margin expansion from a favorable product mix, and rising exports. The company reported a 28.94% net profit increase for Q2 FY 2026-27, with 39% revenue growth and 40% EBITDA surge. InCred lowered its target multiple to 33x due to rising competition.
Mint Markets·


