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Kitex Garments shines on plan to invest $1.5 million in Kitex USA LLC

03 May 2017 Evaluate

Kitex Garments is currently trading at Rs. 422.45, up by 12.70 points or 3.10% from its previous closing of Rs. 409.75 on the BSE.

The scrip opened at Rs. 415.50 and has touched a high and low of Rs. 427.25 and Rs. 415.50 respectively. So far 22774 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 543.20 on 04-Jul-2016 and a 52 week low of Rs. 354.00 on 22-Nov-2016.

Last one week high and low of the scrip stood at Rs. 534.80 and Rs. 406.00 respectively. The current market cap of the company is Rs. 2006.16 crore.

The promoters holding in the company stood at 54.24%, while institutions and non-institutions held 5.15% and 40.60% respectively.

Kitex Garments has received an approval for further investment of up to $1.5 million in the capital of Kitex USA LLC for the FY 2017-18. The board of directors at its meeting held on April 28, 2017, has approved for the same.

Kitex Garments is an apparel manufacturing company. It offers product such as shirts, polar fleece, T-shirts, kids wear, night wear, nylon jackets and shorts.

Kitex Garments Share Price

171.65 2.00 (1.18%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
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Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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