KEI Industries Consolidated December 2024 Net Sales at Rs 2,467.27 crore
Wed, Jan 22, 2025 12:26 PM

KEI Industries Consolidated December 2024 Net Sales at Rs 2,467.27 crore

A Flip by Shubhangi Gupta
Get it on Google Play
KEI Industries reported a 19.67% increase in net sales to Rs 2,467.27 crore and a 9.38% increase in quarterly net profit to Rs 164.81 crore in December 2024 compared to the same period last year. KEI Industries EPS has increased to Rs 17.87 in December 2024 from Rs 16.70 in December 2023. KEI Industries shares closed at 4,034.55 on January 20, 2025.

More great flips

Buy IndiaMART; target of Rs 2600: Motilal Oswal

Buy IndiaMART; target of Rs 2600: Motilal Oswal

Motilal Oswal's research report on IndiaMART: IndiaMART (INMART) reported 3QFY25 revenue growth of 16% YoY/1.9% QoQ, in line with our estimate of 17.6% YoY growth. Collection growth was 10% YoY at INR3.6b. Deferred revenue rose 17% YoY to INR14.9b. EBITDA margin expanded ~30bp QoQ to 39%, above our estimates of 29.9%, on the back of lower outsourced sales costs and other expenses.

Open Flip
NSE's investor base grows at an even faster pace to cross the 11 crore mark

NSE's investor base grows at an even faster pace to cross the 11 crore mark

The registered investor base of National Stock Exchange (NSE) has crossed the mark of 11 crore unique registered investors, with total number of registered accounts at over 21 crore, the exchange said on January 22. The pace of investor registrations at NSE has risen by 3.6-fold in past five years, and the last one crore investors were added in just over five months.

Open Flip
Home prices in New Zealand dip as buyers wait for lower rates

Home prices in New Zealand dip as buyers wait for lower rates

New Zealand house prices dipped in December amid tepid demand as many prospective buyers decided to pause their plans because they expect mortgage rates to fall this year, the Real Estate Institute of New Zealand (REINZ) said on Wednesday. Seasonally adjusted median house prices fell 1.0% in December versus the previous month, and 1.8% from the previous year.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon