1:5 Stock Split In 2006: Electricals Stock To Mull Dividend, 10-Yrs Shares Rally 26,854%

Mid cap company from the Calbles-Electricals sector, KEI Industries Ltd shares settled with the gain of 0.36% on March 2, 2024. Board of Directors of KEI Industries have scheduled meeting on March 11, 2024 to consider and approve declaration of interim dividend.

The company has fixed March 19, 2024 as the record date for interim dividend. KEI Industries shares gained 98% in last 1-year and soared 205% in last 2-years. The company has a market capitalisation of Rs 29,043.30 crore. Check details below:

KEI Industries To Consider Interim Dividend On March 11: As per the regulatory filing of the company dated March 1, 2024, "the meeting of Board of Directors of the Company is scheduled to be held on Monday, 11th day of March, 2024:

1. To consider and approve declaration of Interim Dividend, if any, on the Equity Shares of the Company for the Financial Year 2023-24.

KEI Industries Sets Record Date For Interim Dividend: The BSE filing further stated, "Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Record Date for the purpose of determining of the Equity Shareholders for the said Interim Dividend, if declared, is being fixed as Tuesday, 19th day of March, 2024."

KEI Industries Shares Performance & Return: Last trading price of KEI Industries shares on BSE is Rs 3218.40 apiece. The 52-week high price of KEI Industries stock on BSE is Rs 3420.00 apiece and 52-week low price is Rs 1553.55 apiece, respectively. KEI Industries shares offered return of 12% in last 3-months, gained 549% in last 3-years, and surged 820% in last 5-years. In last 10-years, KEI Industries stock rallied 26,854%.

About: KEI Industries Limited (KEI) was established in 1968 as a partnership firm under the name Krishna Electrical Industries, with prime business activity of manufacturing house wiring rubber cables. The firm was converted into public limited with the corporate name KEI industries Limited in December 1992.

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