K P R Mill Maintains Strong Financial Foundation Amid Flat Q2 FY24 Performance

Jan 27 2025 06:53 PM IST
share
Share Via
K P R Mill Ltd, a key player in the textile sector, has recently had its evaluation adjusted. The company showcases strong fundamentals with a 21.33% average Return on Equity and a low Debt to Equity ratio of 0.05. It reported flat sales of Rs 6,027.71 crore in Q2 FY24.
K P R Mill Ltd, a prominent player in the textile industry, has recently undergone an evaluation adjustment reflecting its current market standing. The company, recognized for its strong long-term fundamental strength, maintains an average Return on Equity (ROE) of 21.33% and exhibits a low Debt to Equity ratio of 0.05 times. These metrics highlight K P R Mill's solid financial foundation.

In the latest quarter, Q2 FY24, the company reported flat financial performance, with annual sales amounting to Rs 6,027.71 crore, representing 3.77% of the industry. Despite this, K P R Mill holds a significant market cap of Rs 32,917 crore, making it the largest entity in its sector and accounting for 12.61% of the entire industry.

The stock is currently positioned within a mildly bullish range, supported by positive technical indicators such as MACD and DOW factors. Additionally, the company benefits from high institutional holdings at 22.85%, reflecting confidence from investors with substantial analytical resources.

For those interested in tracking the evolving landscape of K P R Mill, further insights can be found here: Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
Why is Odigma Consultan falling/rising?
2 hours ago
share
Share Via
Why is Premium Plast falling/rising?
2 hours ago
share
Share Via
Why is Afcons Infrastr. falling/rising?
2 hours ago
share
Share Via
Why is Bikewo Green falling/rising?
2 hours ago
share
Share Via
Why is Quest Laborato. falling/rising?
2 hours ago
share
Share Via
Why is Kataria Indust. falling/rising?
2 hours ago
share
Share Via
Why is Vishwas Agri falling/rising?
2 hours ago
share
Share Via