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Stock Radar: 40% rally in 3 months! This cable stock hits a fresh record in July; time to buy or book profits?
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KEI Industries, a part of the cable – electricals industry, has rallied by about 40% in the last 3 months pushing the stock to a fresh record high in July.
The chart structure suggests that the rally may not be over yet.The stock rose from Rs 1,779 as on April 18 to Rs 2,439 recorded on July 18 — this translates into an upside of over 37%.The momentum helped the stock hit a record high of Rs 2,812 on July 19, but it failed to hold on to the
. Read more on economictimes.indiatimes.comAbout this in other media
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