Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Kitex Garments Consolidated March 2022 Net Sales at Rs 253.55 crore, up 126.97% Y-o-Y

Kitex Garments consolidated net profit rises 434.46% in the March 2022 quarter

The company’s EBITDA margin for this quarter stood at 26.20%, higher by 80.32% YoY as compared to Q3 FY21.

Kitex Garments witnesses robust growth in Q3, PAT at Rs34.71cr

Kitex Garments reported a strong 69 per cent year on year growth in total revenues at Rs 205 crore in October-December quarter.

Kitex Garments surges 23% in three days on strong revenue growth in Q3

Kitex Garments' management said in an interaction with CNBC-TV18  the company is targeting revenue of Rs 780-800 crore for FY22 at 100 percent capacity currently. Cotton prices have remained volatile but the company has reduced its costs to manage margins. Kitex Garments will be able to make 75 percent incremental revenue from expansion in FY23-24, it added. 



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Sabu Jacob CMD Of Kitex Garments Speaks On The Firm's Q3 Outlook | Chartbusters | CNBC TV18

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Kitex Garments में आज साफतौर पर खरीदारी देखने को मिल रही है। कंपनी की आय में बढ़ोतरी देखने को मिल रही है। आय ₹121 Cr से बढ़कर ₹205 Cr हो गई है। देखें वीडियो

Share Market से जुड़ी हर छोटी या बड़ी खबर, चाहे हो Nifty में आए नए हाई या फिर, हो आपके के लिए स्टॉक्स पर राय, बिजनेस न्यूज हो या पॉलिटिकल न्यूज, कोरोनावायरस की न्यूज हो या फिर इलेक्शन, देखें CNBC Awaaz और रहे हर खबर से updated.


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Kitex Garments Share News : Stock में दिख रहा Breakout, आय ₹121 Cr से बढ़कर ₹205 Cr

Labour Commissioner inspects migrant labour camps of Kitex Garments

Kizhakkambalam clash: 10 more arrested

A Christmas bash at Kitex Garments in Kochi took a violent turn. The company owner alleged that it was a ploy to shut down the factory. Take a peek into the crisis as it acquires political overtone

What’s ailing Kitex, the world’s second-largest infant garments brand?

What’s ailing Kitex, one of the largest infant garments brand? What’s Samir Arora’s take on market return in 2022? Why is Ola the company of the year? What are the new labour codes? All answers here

TMS Ep74: Kitex Garments, Samir Arora, Ola, four new labour codes

Hindustan Construction Company Ltd, Responsive Industries Ltd, TCI Express Ltd and Kitex Garments Ltd are among the other losers in the BSE’s ‘A’ group today, 23 December 2021.

Future Retail Ltd leads losers in ‘A’ group

DFM Foods Ltd, Responsive Industries Ltd, Capri Global Capital Ltd and Apex Frozen Foods Ltd are among the other gainers in the BSE’s ‘A’ group today, 22 December 2021.

Kitex Garments Ltd leads gainers in ‘A’ group

Kitex Garments Limited is engaged in the manufacture of fabric and readymade garments.

Kitex Garments Ltd

Kitex Garments Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Kitex Garments Consolidated March 2022 Net Sales at Rs 253.55 crore, up 126.97% Y-o-Y

Kitex Garments consolidated net profit rises 434.46% in the March 2022 quarter

Kitex Garments witnesses robust growth in Q3, PAT at Rs34.71cr

Kitex Garments surges 23% in three days on strong revenue growth in Q3

News Video

Sabu Jacob CMD Of Kitex Garments Speaks On The Firm's Q3 Outlook | Chartbusters | CNBC TV18

News Video

Kitex Garments Share News : Stock में दिख रहा Breakout, आय ₹121 Cr से बढ़कर ₹205 Cr

Kizhakkambalam clash: 10 more arrested

Kitex Garments Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Kitex Garments Consolidated March 2022 Net Sales at Rs 253.55 crore, up 126.97% Y-o-Y

Kitex Garments consolidated net profit rises 434.46% in the March 2022 quarter

Kitex Garments witnesses robust growth in Q3, PAT at Rs34.71cr

Kitex Garments surges 23% in three days on strong revenue growth in Q3

News Video

Sabu Jacob CMD Of Kitex Garments Speaks On The Firm's Q3 Outlook | Chartbusters | CNBC TV18

News Video

Kitex Garments Share News : Stock में दिख रहा Breakout, आय ₹121 Cr से बढ़कर ₹205 Cr

Kizhakkambalam clash: 10 more arrested

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock