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What is Kitex?
Kitex is India’s leading manufacturer and exporter of infant and children’s clothing. The company specializes in producing organic and eco-friendly clothing items and strongly focuses on sustainability. Kitex Garments Limited, the parent company of Kitex, was established in 1992 and has become a significant player in the Indian garment industry. The company’s product line includes many clothing items, including bodysuits, sleepwear, dresses, and other apparel. Kitex exports its products to over 50 countries worldwide and is known for its high-quality products and ethical business practices.
What does Kitex company exactly do? Briefly.
Kitex Garments Limited is India’s leading manufacturer and exporter of infant and children’s clothing. The company specializes in producing organic and eco-friendly clothing items and strongly focuses on sustainability. Kitex manufactures various clothing items for infants and children, including bodysuits, sleepwear, dresses, and other apparel. The company’s products remain exported to over 50 countries worldwide. Kitex is known for its high-quality products, ethical business practices, and commitment to sustainability. The company’s mission is to provide customers with safe, comfortable, and eco-friendly clothing options for their children while contributing to the planet’s well-being.
What are the financial conditions of Kitex?
As of my knowledge cutoff date of September 2021, the financial condition of Kitex Garments Limited was strong. The company reported a consolidated revenue of INR 1,067.38 crores and a net profit of INR 225.94 crores for the financial year 2020-21. The company’s revenue had grown at a compound annual growth rate (CAGR) of 14.3% over the past five years, and its net profit had increased at a CAGR of 12.7% over the same period.
Regarding its balance sheet, Kitex had a healthy liquidity position, with cash and cash equivalents of INR 140.75 crores and no long-term debt as of March 31, 2021. The company’s return on equity (ROE) for the financial year 2020-21 was 21.8%, which is considered a strong performance.
However, it is important to note that a company’s financial condition can change over time, depending on various factors such as market conditions, competition, and macroeconomic trends. Therefore, conducting thorough research and analysis is always advisable before making any investment decisions.
NSE: Kitex
[NSE Kitex] is a stock symbol representing the publicly traded company Kitex Garments Limited on India’s National Stock Exchange (NSE). Kitex Garments Limited is a leading manufacturer and exporter of infant and children’s clothing, focusing on organic and eco-friendly products. The company’s product line includes bodysuits, sleepwear, dresses, and other clothing items.
As of my knowledge cutoff date of September 2021, the company had a market capitalization of around INR 3,200 crores, and its stock price fluctuated around INR 115-125 per share. However, please note that the current stock price and market capitalization may have changed since then.
What is Nse: Kitex?
[NSE Kitex] is a stock symbol representing the publicly traded company Kitex Garments Limited on India’s National Stock Exchange. Kitex Garments Limited remains listed on the NSE and the Bombay Stock Exchange (BSE) in India, and its shares can be bought and sold by investors on these exchanges using the stock symbol [NSE Kitex] (for NSE) or BSE Kitex (for BSE). The [NSE Kitex] stock symbol remains used to track the performance of Kitex Garments Limited’s stock price on the National Stock Exchange in India. The stock symbol provides a convenient way for investors to buy and sell company shares and monitor its financial performance.
FAQ for NSE: Kitex
Here remains some frequently asked questions (FAQs) related to NSE Kitex:
What is NSE Kitex?
NSE Kitex is a stock symbol representing the publicly traded company Kitex Garments Limited on India’s National Stock Exchange (NSE).
What is the current stock price of NSE Kitex?
As an AI language model, I do not have real-time data. The stock price of NSE Kitex may vary based on market conditions and demand.
Can I buy shares of NSE Kitex?
Yes, as an investor, you can buy and sell NSE Kitex on the National Stock Exchange in India or other stock exchanges where the company remain listed.
What is the market capitalization of NSE Kitex?
As of my knowledge cutoff date of September 2021, Kitex Garments Limited had a market capitalization of around INR 3,200 crores.
What does Kitex Garments Limited do?
Kitex Garments Limited is India’s leading manufacturer and exporter of infant and children’s clothing. The company specializes in producing organic and eco-friendly clothing items and strongly focuses on sustainability.
How can I stay updated on NSE Kitex’s financial performance?
You can stay updated on NSE Kitex’s financial performance by regularly checking its financial statements and other disclosures available on the company’s website or by subscribing to financial news sources that cover the company.
