KEI Industries Ltd Raising Funds Raised For Capacity Expansion And Towards Debt Repayment
13 Jan 2020
KEI Industries Ltd, a housing wire and cable maker, is looking to raise
“The money raised is likely to be utilized to fund capex in order to sustain 20% growth in future. But no concrete plans have been finalized yet. The company can achieve peak revenues of 600 crore from existing capacities," a 14 November research note from brokerage firm Prabhudas Lilladher said.
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