StartupsET Techabout 2 hours ago
Jefferies Cuts KEI Industries Target Price 11%
3 min read
Jefferies cut KEI Industries' target price by 11% to Rs 6,150 from Rs 6,920, citing concerns over UltraTech's market entry. The brokerage projects a 300 basis point loss in KEI's retail market share from FY26 to FY30.
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