Business2 sources
KEI Industries Shares Plummet Despite Strong Q2 Financials
- KEI Industries shares dropped 7.75% to Rs 3,902.20 on Thursday.
- The company reported a 29% increase in consolidated net profit for Q2 FY27.
- Revenue for Q2 FY27 increased by 39% year on year.
- Consolidated profit after tax (PAT) for Q2 FY27 was Rs 262 crore, up from Rs 203 crore in the previous year.
- The share price decline occurred despite the strong financial performance.