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Kavit Industries Ltd.

BSE: 524444 Sector: Industrials
NSE: N.A. ISIN Code: INE313M01014
BSE 14:12 | 25 Apr 25.00 -0.35
(-1.38%)
OPEN

25.35

HIGH

25.60

LOW

24.50

NSE 05:30 | 01 Jan Kavit Industries Ltd
OPEN 25.35
PREVIOUS CLOSE 25.35
VOLUME 7591
52-Week high 42.00
52-Week low 13.05
P/E 357.14
Mkt Cap.(Rs cr) 155
Buy Price 25.00
Buy Qty 100.00
Sell Price 25.40
Sell Qty 300.00
OPEN 25.35
CLOSE 25.35
VOLUME 7591
52-Week high 42.00
52-Week low 13.05
P/E 357.14
Mkt Cap.(Rs cr) 155
Buy Price 25.00
Buy Qty 100.00
Sell Price 25.40
Sell Qty 300.00

Kavit Industries Ltd. (KAVITINDUSTRIES) - Chairman Speech

Company chairman speech

Dear shareholder

The Indian Economy witnessed gradual momentum in the year 2016-17 and it is expected toaccelerate in future years in view of the government's continuous efforts to push variousfinancial and agriculture reforms including technological improvement across all sectorsetc. RBI's focus on controlling inflation increasing overall demand by reducing cost oflending etc. is continuing. Further the union budget proposals have brightened theprospects for the national economy to grow with plans that are expected to boost investorconfidence and provide impetus to the rural economy which should improve overall demand.

One of the most variable and critical factor for our diversified businesses is reducingthe cost of manufacture and our company has taken various initiative for cost optimizationand increasing efficiency amongst others measures which have contributed to improvedperformance. In anticipation of the expected revival of our economy the demand and pricesof various products manufactured by the Company are likely to improve further.

I extend my sincere thanks to all our stakeholders including banks shareholderscustomers and our loyal hardworking and committed employees for their unstinted supportin shaping and improving the performance of the company.

Chairman

Jayesh Thakkar.