Prabhudas Lilladher Recommends Buying KEI Industries, Sets Rs 5,961 Target

Prabhudas Lilladher cited KEI Industries’ 38.5% year-over-year revenue growth, including 46% growth in domestic W&C revenue and 7% growth in export W&C revenue. The report also said inventory rose due to the Sanand ramp-up and is expected to stabilize at current levels.