Kitex Garments lost 3.68% to Rs 792.45 at 12:31 IST on BSE, with the stock declining on profit booking after surging 60.44% in prior seven trading sessions.
Meanwhile, the BSE Sensex was down 80.53 points or 0.28% to 28,804.68
On BSE, so far 63,955 shares were traded in the counter, compared with an average volume of 31,804 shares in the past one quarter.
The stock hit a high of Rs 823.95 and low of Rs 764.60 so far during the day. The stock hit a record high of Rs 869 yesterday, 9 April 2015. The stock hit a 52-week low of Rs 117.45 on 30 April 2014.
The stock had outperformed the market over the past one month till 9 April 2015, rising 62.21% compared with 0.14% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 50.89% as against Sensex's 5.20% rise.
The mid-cap company has an equity capital of Rs 4.75 crore. Face value per share is Re 1.
Shares of Kitex Garments have been on a roll recently, surging 60.44% in seven trading days to settle at Rs 822.75 yesterday, 9 April 2015 from a recent low of Rs 512.80 on 27 March 2015. The rally caught momentum after the company reported strong Q4 results during market hours on 6 April 2015.
Kitex Garments' net profit rose 97.5% to Rs 41.63 crore on 21.8% growth in net sales to Rs 147.69 crore in Q4 March 2015 over Q4 March 2014.
Kitex Garments is engaged in business of manufacturing and exporting infant garments.
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