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Resistance/Support
Delivery and Volume
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Kitex Garments Ltd Performance

Today's Low
196.50
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Today's High
202.70
52 Wk Low
152.80
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52 Wk High
287.60


Open

199.8

Traded Value (Cr)

1.35 Cr

Prev. Close

199.8

VWAP

199.3

Volume

1,21,218

Face Value

1

Kitex Garments Ltd Fundamentals

Market Cap
₹ 1,332 Cr
P/E Ratio (TTM)
33.67
P/B Ratio
1.53
Debt to Equity
0.39
ROE
2.35 %
EPS (TTM)
5.95
Dividend Yield
0.75%
Book Value
130.75

Click here to know more about Fundamentals

Kitex Garments Ltd Financials

Kitex Garments Ltd Financials

Kitex Garments Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 56.66 % 56.66 % 56.66 % 56.66 %
Retail 30.35 % 29.93 % 30.27 % 29.93 %
Others 12.03 % 12.56 % 12.41 % 12.73 %
FII 0.96 % 0.84 % 0.66 % 0.68 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

56.66%

Retail

30.35%

Others

12.03%

FII

0.96%

Mutual Funds

0.00%

Promoters

56.66%

Retail

29.93%

Others

12.56%

FII

0.84%

Mutual Funds

0.00%

Promoters

56.66%

Retail

30.27%

Others

12.41%

FII

0.66%

Mutual Funds

0.00%

Promoters

56.66%

Retail

29.93%

Others

12.73%

FII

0.68%

Mutual Funds

0.00%

Resistance and Support

₹201.88

PIVOT

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Resistance
First Resistance₹204.767
Second Resistance₹208.433
Third Resistance₹211.317
support-arrow
Support
First Resistance₹198.217
Second Resistance₹195.333
Third Resistance₹191.667
RSI55.662
MACD1.797
ADX32.748
CCI2.490

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day121,21866,31354.71
Week103,75349,21550.48
1 Month128,45366,60352.90
6 Months80,58641,90352.00

About Kitex Garments Ltd

Kitex Garments Ltd. (KGL) is the world's second largest manufacturer of cotton specialized in making knitted garments for infants and toddlers with sizes ranging from Premature babies to 24 months infants. The Company was established in May, 1992. KGL is a 100% export-oriented unit, which caters to prominent and renowned conglomerates in USA and Europe markets like Gerber Childrenswear LLC, Carters, Carters brands, H & O Fashions, Buy-Buy Baby, Ross Stores, Amazon, Target, Sam's Club and Walmart. The Company is managed under the leadership of Sri Sabu M Jacob, which is presently engaged into exports of cotton and organic cotton garments especially infants wear. It is well known for manufacturing facilities with latest and automatic machineries such as Automatic Mixing & Dispensing of Dyes, Chemicals & Printing Pastes, Cold Pad Dyeing, Fully automatic Robotized Yarn Dyeing, Digital Light Exposing - Screen Engraving System, Computerized Precision Cutting, Modern Sewing Machines, EDI capabilities, Bar coded tracking of garments & Biological ETP & Waste Management. The unit located near Kochi- India comes with an advantage of direct logistic connectivity with major international destinations by sea and air. The newly commissioned India Gateway Terminal (IGT) at Vallarpadam, Kochi, is the first International Transshipment Terminal in India, which eliminates the need to transship through Singapore or Colombo, by increasing speed to market, at lower cost. The port is adjacent to the direct maritime highway between Far-East, Europe and the United States. In 1995, the Company made a Public Issue and got shares listed on NSE & BSE. The vertically integrated manufacturing plant makes infants wear as well as fabrics. During the fiscal year ended March 31, 2010, the export sales mainly consisted of infant and children's wear and jackets intended for the United States market. During the fiscal year ended March 31, 2010, the Company produced 87,779,618 readymade garments. As on March 31, 2019, the Company had 6 wholly owned subsidiaries, Kitex Littlewear Limited, Kitex Babywear Limited, Kitex Socks Limited, Kitex Packs Limited, Kitex Knits Limited and Kitex Kidswear Limited. On 18th November 2021, a new Company, Kitex Apparel Parks Limited (KAPL) was incorporated with a joint investment along with Kitex Childrenswear Limited in the ratio 70:30 in Warangal, Telangana.

Managing Director

Sabu M Jacob

Founded

1992

NSE Symbol

KITEX

Kitex Garments Ltd Management

NameDesignation
Sabu M JacobChairman & Managing Director
Benni JosephIndependent Director
Erumala Mathew PauloseIndependent Director
K L V NarayananDirector
Sindhu ChandrasekharWhole-time Director
C P PhiliposeIndependent Director
Sumi FrancisIndependent Director
Dayana JosephCompany Sec. & Compli. Officer

Kitex Garments Ltd News

Kitex Garments reports consolidated net profit of Rs 15.07 crore in the December 2023 quarter
Sales rise 140.59% to Rs 164.13 crore
Kitex Garments schedules board meeting
On 31 January 2024
Kitex Garments standalone net profit declines 47.29% in the September 2023 quarter
Sales decline 5.44% to Rs 133.96 crore
Kitex Garments to conduct board meeting
On 6 November 2023
Kitex Garments to convene AGM
On 30 September 2023
Kitex Garments consolidated net profit declines 78.54% in the June 2023 quarter
Sales decline 41.55% to Rs 145.78 crore
Kitex Garments to announce Quarterly Result
On 11 August 2023
Kitex Garments Ltd leads gainers in 'A' group
BLS International Services Ltd, Sheela Foam Ltd, JBM Auto Ltd and EPL Ltd are among the other gainers in the BSE's 'A' group today, 28 June 2023.
Board of Kitex Garments recommends final dividend
Of Rs 1.5 per share
Kitex Garments consolidated net profit declines 92.40% in the March 2023 quarter
Sales decline 61.46% to Rs 97.71 crore

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Kitex Garments Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Kitex Garments Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Kitex Garments Ltd's share price is ₹199.25 as of May 10, 2024

Kitex Garments Ltd's P/E ratio is 33.67 times as of May 10, 2024.

Kitex Garments Ltd's most recent financial reports indicate a price-to-book ratio of 1.53, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Kitex Garments Ltd's market is 1,332 Cr as on May 10, 2024.

The current financial records of Kitex Garments Ltd show a 2.35% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Kitex Garments Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Kitex Garments Ltd's 52-week high and low as of May 10, 2024 are ₹202.7 and ₹196.5 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Kitex Garments Ltd stands at 56.66%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 0.84% to 0.96%.