Archive · 27 Sep 2025
MOFSL Upgrades KEI, Maintains Ratings for Polycab and RR Kabel
Imagine a company that looks at other companies in the cable and wire business.
This company, MOFSL, says that the demand for cables and wires is still going strong.
They changed their advice on which companies to invest in.
They now recommend buying shares of KEI Industries.
They're also keeping their 'buy' recommendation for Polycab India and their 'neutral' rating for RR Kabel.
MOFSL believes these companies will benefit from new infrastructure projects, renewable energy and data centers.
Even though the prices of the raw materials are rising, they expect strong earnings in the coming years.
MOFSL upgraded KEI Industries to 'Buy'.
MOFSL maintained 'Buy' on Polycab India.
MOFSL maintained 'Neutral' on RR Kabel.
Growth is driven by power sector, infrastructure, EVs, and real estate.
Raw material price increases are supporting revenue growth for companies.
- Who
- Motilal Oswal Financial Services (MOFSL)
- What
- Revised recommendations for the cables and wires sector stocks.
- When
- Recent
- Where
- N/A
- Why
- Due to sustained demand momentum and strong industry fundamentals.
- Brokerage Firm
- Motilal Oswal Financial Services (MOFSL)
- KEI Industries Rating
- Upgraded to Buy
- Polycab India Rating
- Buy (maintained)
- RR Kabel Rating
- Neutral (maintained)
- Raw Material Price Increase (Copper)
- ~3% in the last month
- Raw Material Price Increase (Aluminum)
- ~3% in the last month