Research Head (MONEY MAKER
RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one
can go long in KEI INDUSTRIES.
“KEI INDUSTRIES is the stock
which I would recommend to buy above Rs 347; this can see topside to
levels closer to Rs 357 - 360 zones, keep stop loss below Rs 332”.
I foresee retail business to
advance by 30 percent in this financial year. Therefore, enduring to
focus on flourishing retail business & it has also shown good
consistent profit growth of 32.23% over 5 years.
Stock has been gaining for the
last 2 days and has risen 7.55% in the period.
Price has risen by 5.31% and
Vol has risen by 79.42% (Vol compared with 5 day avg vol till 03:30
PM).
KEI INDUSTRIES was closed 5.83
per cent up today at Rs 323.30 at NSE.
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