Equity / Stocks - Kewal Kiran Clothing in MARKETS - CMP: 735
Kewal Kiran Clothing Ltd. manufactures clothing. The Company production include men's jeans, shirts, T-shirts, jackets, and trousers.
Kewal ...
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11-21-2011 11:21 AM
Kewal Kiran Clothing
CMP: 735
Kewal Kiran Clothing Ltd. manufactures clothing. The Company production include men's jeans, shirts, T-shirts, jackets, and trousers.
Kewal Kiran Clothing is a budding mid-cap stock in retail space. Its currently trading at a P/E of 17 with good dividend yields of over 2% in the last 12 months. Minimal liability. Revenues have steadily picked up from 133 Crores to 236 Crores in the last 5 years. Profits have risen more from 19 Crores to 46 Crores in the same period backed by NPM growth. NPM has risen impressively from 14% to almost 20% over 5 years. Buy, accumulate on dips and hold for long term gains.
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