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 367; this can see topside to
levels closer to Rs 378 - 380 zones, keep stop loss below Rs 351”.
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 4 days and has risen 16.23% in the period & Outperformed
Sector by 2.49%.
KEI INDUSTRIES was closed 3.89
per cent up today at Rs 349.95 at NSE.
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