Introduction of KEI Industries Ltd -

KEI Industries Ltd is a leading company that specializes in manufacturing & supply of cables, wires & other electrical products. Founded in 1968, the company known for producing high quality of products like power cables, industrial cables & flexible wires.

KEI Industries Ltd Share price fall due to-

KEI Industries, a company share price drop by around 14% on 20 March 2025. This happened because the Adani group announced it would start a new business in the cable & wire market. The new company (Praneetha Ecocables Ltd) will make & sell cables and wires which made investors worried about more competition for KEI Industries.

Economic Times

New competition -

The news also caused a drop in the share price of other companies in the same industry like Polycab India & Havells India. Investors are concerned because big companies like Adani & UltraTech Cement are entering the market which means more competition for companies like KEI Industries.

In simple term, KEI Industries share price went down because investors are worried about the impact of new competitors in the cable & wire business.

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