Kitex Childrenswear Ltd raises stake in KITEX Garments Ltd

Kitex Childrenswear Limited, part of Promoter Group of KITEX Garments Ltd has bought 24,225 equity shares of the company through market purchase on September 17, 2019 and September 18, 2019 for a total consideration of Rs. 21,80,250.

With this purchase, its stake in the company has increased from 10,431,053 equity shares (15.69%) to 10,455,278 equity shares (15.72%).

Shares of KITEX GARMENTS LTD. was last trading in BSE at Rs.88 as compared to the previous close of Rs. 90.45. The total number of shares traded during the day was 981 in over 27 trades.

The stock hit an intraday high of Rs. 88.5 and intraday low of 87. The net turnover during the day was Rs. 85943.

Source : Equity Bulls

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