Hot Pursuit     12-Feb-18
Kitex Garments slumps after weak Q3 results
Kitex Garments tumbled 13.88% to Rs 249.95 at 14:14 IST on BSE after net profit dropped 44.59% to Rs 17.62 crore on 2.42% fall in total income to Rs 145.88 crore in Q3 December 2017 over Q3 December 2016.
The results were announced after market hours on Friday, 9 February 2018.

Meanwhile, the S&P BSE Sensex was up 256.87 points, or 0.76% to 34,267.27. The S&P BSE Small-Cap index was up 327 points, or 1.8% to 18,172.98.

On the BSE, 92,000 shares were traded in the counter so far, compared with average daily volumes of 12,403 shares in the past one quarter. The stock had hit a high of Rs 275 and low of Rs 245.75 so far during the day. The stock had hit a 52-week high of Rs 384.29 on 25 April 2017. The stock had hit a 52-week low of Rs 198 on 18 October 2017.

The stock had underperformed the market over the past 30 days till 9 February 2018, falling 9.62% compared with 1.44% fall in the Sensex. The scrip also underperformed the market in past one quarter, sliding 4.03% as against Sensex's 2.07% rise. The scrip also underperformed the market in past one year, falling 5.82% as against Sensex's 20.02% rise.

The small-cap company has equity capital of Rs 6.65 crore. Face value per share is Re 1.

Kitex Garments is a producer of children's apparel. It caters to conglomerates in USA and Europe.

Previous News
  Kitex Garments to announce Quarterly Result
 ( Corporate News - 15-May-24   11:47 )
  Kitex Garments to conduct board meeting
 ( Corporate News - 06-Nov-20   14:42 )
  Kitex Garments Ltd leads losers in 'A' group
 ( Hot Pursuit - 15-Feb-23   15:00 )
  Kitex Garments to invest Rs 2,406 cr in Telangana
 ( Hot Pursuit - 21-Sep-21   11:48 )
  Kitex Garments to announce Quarterly Result
 ( Corporate News - 07-Aug-23   14:19 )
  Kitex Garments to table results
 ( Corporate News - 24-May-23   10:38 )
  J Kumar Infraprojects Ltd leads gainers in 'A' group
 ( Hot Pursuit - 14-Jul-21   12:00 )
  Kitex Garments net profit rises 197.74% in the September 2013 quarter
 ( Results - Announcements 31-Oct-13   11:30 )
  Kitex Garments net profit rises 9.27% in the December 2013 quarter
 ( Results - Announcements 09-Jan-14   17:18 )
  Kitex Garments board OKs proposal to issue bonus equity shares in 2:1 ratio
 ( Hot Pursuit - 22-Nov-24   11:48 )
  Kitex Garments appoints director
 ( Corporate News - 12-Mar-15   11:19 )
Other Stories
  HDFC Bank Q4 PAT rises 7% YoY to Rs 17,616 cr; NII rises 10%
  19-Apr-25   18:04
  Yes Bank Q4 PAT climbs 63% YoY to Rs 738 cr
  19-Apr-25   16:20
  Mastek Q4 PAT slides 14% QoQ to Rs 81 cr; recommends final dividend of Rs 16/sh
  19-Apr-25   14:31
  Tata Elxsi posts PAT of Rs 172 crore in Q4; EBITDA margin at 20.5%
  19-Apr-25   12:47
  Mahindra EPC records more than fourfold rise in Q4 PAT
  19-Apr-25   11:04
  Just Dial Q4 PAT climbs 36% YoY to Rs 158 cr
  19-Apr-25   10:02
  Jio Financial Services Q4 PAT rises 2% YoY to Rs 316 cr
  19-Apr-25   08:57
  HDFC Life Q4 PAT climbs 16% YoY to Rs 476 cr
  17-Apr-25   17:32
  Infosys Q4 PAT rises 3% QoQ to Rs 7,038 cr; declares dividend of Rs 22/sh
  17-Apr-25   17:25
  HDFC AMC rises after Q4 PAT jumps 18% YoY to Rs 639 cr; declares final dividend of Rs 90/sh
  17-Apr-25   17:11
Back Top