Shares of home wire and high voltage wire maker KEI Industries have given more than 24000% return to investors in less than 10 years. Shares of KEI Industries have increased from Rs 7 to close to Rs 1700 in this period.
The 52-week high level of the multibagger company’s shares is Rs 1744. At the same time, the 52-week low level of the company’s shares is Rs 1040.
Company’s shares made 1 lakh to Rs 2.4 crore
KEI Industries shares were trading at Rs.7 on the Bombay Stock Exchange (BSE) on August 16, 2013. The shares of the company are trading at the level of Rs.1696 on 3rd April, 2023 on BSE. Shares of KEI Industries have given a return of 24125% in less than 10 years. If a person had bought shares of the company at Rs 1 lakh on August 16, 2013 and had held on with the investment, the value of the KEI Industries shares bought at the present time would have been Rs 2.42 crore.
KEI Industries shares surge 470% in 3 years
Shares of KEI Industries have given strong returns in the last 3 years as well. The shares of the company stood at Rs 295.80 on the Bombay Stock Exchange on 3 April 2020. Shares of KEI Industries are trading at Rs.1696 on April 3, 2023. If a person had invested Rs 1 lakh in the shares of the company 3 years back, then at present this money would have been Rs 5.73 lakh. The market cap of KEI Industries is Rs 15272 crore. The company’s revenue in the December 2022 quarter was Rs 1784.32 crore. At the same time, the company had a quarterly profit of Rs 128.61 crore in the December quarter.
Disclaimer: Here only the information about the performance of the stock is given, it is not an investment advice. Investment in share market is subject to risk and you should consult your advisor before investing.