Kitex Garments Ltd
KITEX

419.15

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Turnover (lac)
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Day's Vol.(shares)

413.45

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Accumulate
Reco. Price
Rs 4180.00
We recommend ACCUMULATE on account of healthy revenue growth across segments. Also, renewed focus on operational efficiencies will boost margins. The stock is trading at an attractive FY18E P/E of 11.3x. (Target Price- Rs. 448)
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50 DMA (.)
424.58
100 DMA (.)
413.58
200 DMA (.)
446.32
Weekly Range (.)
416.30
426.80
Monthly Range (.)
416.30
428.95
52 Weeks Range (.)
352.70
543.00
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