Kitex Garments jumped 19.67% to Rs 789 at 14:35 IST on BSE, with the stock extending its recent rally on follow-up buying.
Meanwhile, the BSE Sensex was up 209.43 points or 0.73% to 28,726.02
On BSE, so far 3.50 lakh shares were traded in the counter, compared with an average volume of 22,198 shares in the past one quarter.
The stock hit a high of Rs 791.15 so far during the day, which is also a record high for the counter. The stock hit a low of Rs 664.50 so far during the day. 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 7 April 2015, rising 29.5% compared with 3.17% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 21.54% as against Sensex's 5.97% rise.
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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 53.86% in six trading days 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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