Kitex Garments Shows Strong Short-Term Gains Amid Broader Market Trends

Jan 20 2025 09:50 AM IST
share
Share Via
Kitex Garments has experienced a notable rise in stock performance, gaining 10.12% over three days and outperforming its sector. Despite this, it remains below key moving averages and has seen a monthly decline. The stock is classified under the Hidden Turnaround segment, reflecting ongoing interest in its recovery potential.
Kitex Garments, a midcap player in the textile industry, has seen a significant uptick of 5.0% on January 20, 2025, outperforming its sector by 5.16%. Over the past three days, the stock has gained a total of 10.12%, opening with a gap up of 3.99% and reaching an intraday high of Rs 256.35.

Despite this positive movement, Kitex Garments is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. In the context of broader market performance, the stock's one-day gain contrasts with the Sensex's modest increase of 0.13%. However, Kitex Garments has faced a decline of 2.89% over the past month, while the Sensex has decreased by 1.70%. The stock has been categorized as part of the Hidden Turnaround segment since January 31, 2024, indicating ongoing interest in its potential recovery.
{{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