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Kitex Garments incorporates wholly owned subsidiary

19 Oct 2018 Evaluate

Kitex Garments has incorporated a wholly owned subsidiary in the name of Kitex Kidswear for carrying out infantswear business. Kitex Kidswear’s business is similar to the main line of business of listed entity of separate labels. 

Kitex Garments is a 100% export of cotton garments in infants wear segment mainly in US and European markets. It has vertically integrated manufacturing plant makes infants wear as well as fabrics.

Peers
Company Name CMP
Vardhman Textiles 494.25
Welspun Living 213.40
Arvind 494.80
Raymond Lifestyle 504.35
K.P.R. Mill 1092.20
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