KPR Mill rallies 6%, hits record high on robust growth outlook

In the past 11 trading days, KPR Mill's market price has advanced 16 per cent after the company announced the successful commissioning of its new 42 million garments production capacity at Tamil Nadu.

Shares of KPR Mill were up 6 per cent to Rs 562.40, hitting a record high on the BSE in Thursday's intra-day trade, on expectation of strong earnings growth. The stock of the company engaged in textiles and sugar business was trading higher for the fourth straight day, having rallied 11 per cent during the period. It surpassed its previous high of Rs 548.40 hit on November 9, 2021.

In the past 11 trading days, KPR Mill market price has surged 16 per cent after the company announced successful commissioning of its new 42 million garments production capacity at