Kitex Garments is locked its upper circuit limit at Rs. 185.50, up by 16.85 points or 9.99% from its previous closing of Rs. 168.65 on the BSE.
The scrip opened at Rs. 177.40 and has touched a high and low of Rs. 185.50 and Rs. 175.00 respectively. So far 106706 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 168.65 on 12-Jul-2021 and a 52 week low of Rs. 91.75 on 19-Apr-2021.
Last one week high and low of the scrip stood at Rs. 168.65 and Rs. 108.30 respectively. The current market cap of the company is Rs. 1233.58 crore.
The promoters holding in the company stood at 55.57%, while Institutions and Non-Institutions held 0.10% and 44.33% respectively.
Kitex Garments is planning to invest Rs 1000 crore in Telangana state to set up apparel manufacturing facilities in the state which will create 4000 additional employment opportunities over the next 2 years.
The State of Telangana ranks among highest in ease of doing business and is an ideal destination for apparel manufacturing as it is the 3 largest producer of cotton in India, has sufficient infrastructure facilities, investor friendly state policy, thereby very conductive for industrial growth.
Kitex Garments manufactures all kinds of garments for exports. Infant wear dominates with over 90% share in production.
Company Name | CMP |
---|---|
PDS | 475.80 |
Vardhman Textiles | 463.60 |
Arvind | 315.40 |
Welspun Living | 159.65 |
Alok Inds | 27.46 |
View more.. |