KEI Industries shares surge 9% on strong Q1 results and expansion plans

The Indian cable maker reported 23% revenue growth and a 53% jump in EBITDA, signaling robust demand in the power infrastructure sector despite broader market weakness.

By Handelsavisen Newsroom · Automated 2026-08-04 09:26 UTC · 1 min read

Shares of KEI Industries climbed 9% to reach a four-week high of ₹5,475, defying broader market weakness in Tuesday's trade.

The rally followed the company's release of better-than-expected results for the June quarter, which highlighted accelerating growth in its core cable and wire business.

For the quarter, KEI Industries reported revenue of ₹3,190 crore, a 23% increase year-on-year.

For the quarter, KEI Industries reported revenue of ₹3,190 crore, a 23% increase year-on-year.

Profitability expanded even more sharply, with EBITDA rising 53% to ₹400 crore.

The strong operational performance suggests that demand for electrical infrastructure remains resilient, supporting the company's margin expansion.

Beyond the immediate financial results, the company outlined a significant capital expenditure plan, announcing a ₹700 crore capacity expansion.