KEI Industries Shares Fall More Than 11% After Profit Misses Estimates
Shares fell more than 11% to Rs 3,744.80 on the NSE, a nine-month low, after September-quarter net profit of Rs 262 crore missed analysts’ estimates.
KEI Industries shares fell more than 11 percent to Rs 3,744.80 per share on the NSE on Thursday, hitting a nine-month low, after the company's net profit for the September quarter missed analysts' estimates.The company reported a net profit of Rs 262 crore for the quarter, against the consensus est…