Stocks include Garnet International, Manpasand Beverages, Kitex Garments, MRF, UPL, Bajaj Holdings, Atuo Auto, GMR Infra, Raymond and Ashoka Buildcon
Kitex Garments saw a big jump in sales and the bottomline as the base quarter numbers were low but margins saw a slight contraction. In an interview to CNBC-TV18, Sabu Jacob, CMD, Kitex Garments spoke about the results and his outlook for the company.
Raymond's Q4 consolidated net profit declined 37.5 percent at Rs 32.9 crore versus Rs 52.6 crore.
The company will also consider recommendation of final dividend and proposal for issue of bonus shares.
Motilal Oswal is bullish on Kitex Garments has recommended buy rating on the stock with a target price of Rs 551 in its research report dated January 31, 2017.
Idea Cellular | Maruti Suzuki | ICICI Bank | Dabur India | Dilip Buildcon | Pioneer Distilleries | IL&FS Transportation | Thyrocare | NMDC | SAIL | Emami | Bajaj Finserv | Dish TV | Dalmia Bharat Sugar | Emkay Global | Alankit | Indraprastha Medical and Motilal Oswal are stocks, which are in the news today.
In an interview to CNBC-TV18 Sabu Jacob, Chairman & MD, Kitex Garments said the company is planning for a very aggressive capacity expansion over a period of three years.
Shares of Kitex Garments, the Kerala-based children's apparel manufacturer, rallied more than 6 percent intraday Monday after the board approval for investment in its US subsidiary.
Bharti Infratel | NBCC | Siemens | Caplin Point | Tayo Rolls | GMR Infra | Bosch | Wockhardt | Sical Logistics | Heritage Foods | Nestle India | Bharat Financial Inclusion | Mahindra Holidays | Ujaas Energy | TTML | Dish TV | JM Financial and Marico are stocks, which are in the news today.
Speaking to CNBC-TV18, Sabu Jacob, CMD of Kitex said that the company expects a 20 percent revenue growth in FY17 and huge business from its new client, Sams Club - a Walmart subsidiary.
The company is aiming for 20 percent plus revenue growth in FY17, says Sabu Jacob, Chairman & MD of Kitex Garments.
Ashwani Gujral of ashwanigujral.com recommends buying Union Bank and Kitex Garments.
Firstcall is bullish on Kitex Garments has recommended buy rating on the stock with a target price of Rs 440 in its research report dated March 16, 2016.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Just Dial, Kaveri Seeds, Quick Heal, Interglobe Aviation, Kitex Garments, Marksans Pharma, RPG Life Sciences, HMT, Minda Industries, Reliance Communications, Cairn India & Vedanta.
The Bombay Stock Exchange on Thursday revised circuit filters of 346 stocks, which includes some midcap, smallcap and penny stocks.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - Tata Steel, Steel Authority of India (SAIL), JSW Steel, Arvind, Kitex Garments, CESC, Onmobile Global, Reliance Infra, MT Educare & Mphasis.
CNBC-TV'18's Mangalam Maloo lists out the reasons for the poor performance of the Kitex Garments stock.
Ambareesh Baliga, Independent Market Expert recommends exiting Kitex Garments at current level and advises buying NBCC.
Kitex Garments has reported a sales total income from operations of Rs 118.13 crore and a net profit of Rs 24.07 crore for the quarter ended Dec '15
Sudarshan Sukhani of s2analytics.com suggests buying Kitex Garments.
Porinju Veliyath, Equity Intelligence India continues to be bullish on Indian market despite consistent selling for the past few sessions
Kitex Garments has reported a sales total income from operations of Rs 134.25 crore and a net profit of Rs 27.16 crore for the quarter ended Sep '15