KEI.NS vs. BAJAJ-AUTO.NS

Last updated Jun 5, 2026

KEI.NS (KEI Industries Limited) and BAJAJ-AUTO.NS (Bajaj Auto Limited) are both stocks. KEI.NS operates in Electrical Equipment & Parts (Industrials), while BAJAJ-AUTO.NS operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, KEI.NS returned 48.54%/yr vs 17.67%/yr for BAJAJ-AUTO.NS. At a 0.19 correlation, their price movements are largely independent.

Performance

KEI.NS vs. BAJAJ-AUTO.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in KEI Industries Limited (KEI.NS) and Bajaj Auto Limited (BAJAJ-AUTO.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KEI.NS achieves a 18.88% return, which is significantly higher than BAJAJ-AUTO.NS's 12.38% return. Over the past 10 years, KEI.NS has outperformed BAJAJ-AUTO.NS with an annualized return of 48.54%, while BAJAJ-AUTO.NS has yielded a comparatively lower 17.67% annualized return.

KEI.NS

• 1D: 1.42%
• 1M: 2.86%
• YTD: 18.88%
• 6M: 27.35%
• 1Y: 45.61%
• 3Y*: 35.94%
• 5Y*: 49.83%
• 10Y*: 48.54%

BAJAJ-AUTO.NS

• 1D: 1.16%
• 1M: 1.14%
• YTD: 12.38%
• 6M: 15.35%
• 1Y: 25.82%
• 3Y*: 33.44%
• 5Y*: 23.16%
• 10Y*: 17.67%

*Multi-year figures are annualized to reflect compound growth (CAGR)

KEI.NS vs. BAJAJ-AUTO.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
KEI.NS KEI Industries Limited	18.88%	0.63%	36.69%	122.25%	25.68%	146.00%	4.56%	27.90%	-4.37%	204.82%
BAJAJ-AUTO.NS Bajaj Auto Limited	12.38%	8.82%	30.23%	93.71%	15.79%	-2.09%	12.86%	19.31%	-16.54%	29.05%

Correlation

The correlation between KEI.NS and BAJAJ-AUTO.NS is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.18
Correlation (All Time) Calculated using the full available price history since May 27, 2008	0.19

Over the past year, KEI.NS and BAJAJ-AUTO.NS have become more correlated (0.41) than their long-term average of 0.19, meaning their price movements have been converging.

Return for Risk

KEI.NS vs. BAJAJ-AUTO.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KEI.NS

KEI.NS Risk / Return Rank: 78
KEI.NS Sharpe Ratio Rank: 82
KEI.NS Sortino Ratio Rank: 78
KEI.NS Omega Ratio Rank: 76
KEI.NS Calmar Ratio Rank: 74
KEI.NS Martin Ratio Rank: 79

BAJAJ-AUTO.NS

BAJAJ-AUTO.NS Risk / Return Rank: 73
BAJAJ-AUTO.NS Sharpe Ratio Rank: 76
BAJAJ-AUTO.NS Sortino Ratio Rank: 72
BAJAJ-AUTO.NS Omega Ratio Rank: 67
BAJAJ-AUTO.NS Calmar Ratio Rank: 74
BAJAJ-AUTO.NS Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KEI.NS vs. BAJAJ-AUTO.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KEI Industries Limited (KEI.NS) and Bajaj Auto Limited (BAJAJ-AUTO.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	KEI.NS	BAJAJ-AUTO.NS	Difference
Sharpe ratio: Return per unit of total volatility	1.53	1.18	+0.35
Sortino ratio: Return per unit of downside risk	2.16	1.81	+0.35
Omega ratio: Gain probability vs. loss probability	1.28	1.21	+0.07
Calmar ratio: Return relative to maximum drawdown	1.98	1.92	+0.05
Martin ratio: Return relative to average drawdown	6.20	5.46	+0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KEI.NS vs. BAJAJ-AUTO.NS - Sharpe Ratio Comparison

The current KEI.NS Sharpe Ratio is 1.53, which is comparable to the BAJAJ-AUTO.NS Sharpe Ratio of 1.18. The chart below compares the historical Sharpe Ratios of KEI.NS and BAJAJ-AUTO.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	KEI.NS	BAJAJ-AUTO.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.53	1.18	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.26	0.99	+0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.16	0.71	+0.45
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.84	-0.37

Drawdowns

KEI.NS vs. BAJAJ-AUTO.NS - Drawdown Comparison

The maximum KEI.NS drawdown since its inception was -95.32%, which is greater than BAJAJ-AUTO.NS's maximum drawdown of -52.38%. Use the drawdown chart below to compare losses from any high point for KEI.NS and BAJAJ-AUTO.NS.

Drawdown Indicators

	KEI.NS	BAJAJ-AUTO.NS	Difference
Max Drawdown Largest peak-to-trough decline	-95.32%	-52.38%	-42.94%
Max Drawdown (1Y) Largest decline over 1 year	-23.35%	-13.63%	-9.72%
Max Drawdown (3Y) Largest decline over 3 years	-47.95%	-42.12%	-5.83%
Max Drawdown (5Y) Largest decline over 5 years	-47.95%	-42.12%	-5.83%
Max Drawdown (10Y) Largest decline over 10 years	-62.69%	-42.12%	-20.57%
Current Drawdown Current decline from peak	-2.76%	-14.83%	+12.07%
Average Drawdown Average peak-to-trough decline	-40.68%	-10.75%	-29.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.44%	5.05%	+2.39%

Volatility

KEI.NS vs. BAJAJ-AUTO.NS - Volatility Comparison

KEI Industries Limited (KEI.NS) has a higher volatility of 8.08% compared to Bajaj Auto Limited (BAJAJ-AUTO.NS) at 7.00%. This indicates that KEI.NS's price experiences larger fluctuations and is considered to be riskier than BAJAJ-AUTO.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KEI.NS	BAJAJ-AUTO.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.08%	7.00%	+1.08%
Volatility (6M) Calculated over the trailing 6-month period	25.22%	17.84%	+7.38%
Volatility (1Y) Calculated over the trailing 1-year period	30.29%	22.22%	+8.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.43%	23.87%	+16.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.70%	25.43%	+17.27%

Dividends

KEI.NS vs. BAJAJ-AUTO.NS - Dividend Comparison

KEI.NS's dividend yield for the trailing twelve months is around 0.08%, less than BAJAJ-AUTO.NS's 3.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BAJAJ-AUTO.NS Bajaj Auto Limited	3.47%	2.25%	0.91%	2.05%	3.86%	4.31%	3.49%	1.89%	2.20%	1.65%	2.09%	1.97%
KEI.NS KEI Industries Limited	0.08%	0.09%	0.08%	0.09%	0.17%	0.17%	0.31%	0.26%	0.28%	0.16%	0.40%	0.33%

Financials

Frequently Asked Questions

Can I hold both KEI.NS and BAJAJ-AUTO.NS in my portfolio?

KEI.NS and BAJAJ-AUTO.NS have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.