Refile: BUZZ-India's KEI Industries falls as UBS flags near-team weakness after Q3 revenue miss

KEI Industries

22/01/2026 05:23

Corrects typographical error in headline

** KEI Industries KEIN.NS down 3.3%

** Stock had fallen as much as 5.3% to a five-month low of 3,728.70 rupees earlier in the session

** The cables and wire maker's 19.5% rise in Q3 consolidated revenue is below analyst estimates

** UBS says KEI's topline miss in a quarter supported by strong commodity inflation could lead to near-term stock weakness, overshadowing the EBITDA beat

** Structurally, KEI remains well positioned to deliver steady growth - UBS

** More than 184,000 shares change hands so far on the day, ~1.6x the 30-day avg daily volume

** Analysts on avg recommend "buy" on KEIN; median PT is 4,750 rupees, per data compiled by LSEG

 (Reporting by Brijesh Patel in Bengaluru)

 ((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))