KEI Industries: Poised for higher growth, great long-term bet
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At the current market price of Rs 433 per share, the stock is trading at 20 times FY19e and 14 times FY20e earnings, which is quite reasonable and offers scope for appreciation. Improving RoE and leadership in a growing market make it a worthy long-term bet.KEI Industries: Poised for higher growth, great long-term bet
At the current market price of Rs 433 per share, the stock is trading at 20 times FY19e and 14 times FY20e earnings, which is quite reasonable and offers scope for appreciation. Improving RoE and leadership in a growing market make it a worthy long-term bet. Read more