Kitex Garments Soars to Day High with 17.16% Intraday Surge

Oct 23 2025 09:33 AM IST
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Kitex Garments has experienced notable stock activity, gaining significantly on October 23, 2025, with a strong intraday performance. The stock has shown consecutive gains over two days, alongside high volatility. In the broader market, the Sensex has also reached a new 52-week high, indicating a bullish trend.
Kitex Garments, a small-cap player in the Garments & Apparels industry, has shown significant activity today, gaining 11.29% as of October 23, 2025. The stock opened with a notable gap up of 12.41% and reached an intraday high of Rs 218.5, reflecting a 17.16% increase at its peak. This performance outpaced the sector by 10.2%, indicating a strong day for the company.

The stock has been on a positive trajectory, marking consecutive gains over the last two days with a total return of 11.98% during this period. However, it has exhibited high volatility today, with an intraday volatility rate of 84.02%. In terms of moving averages, Kitex Garments is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.

In the broader market context, the Sensex opened higher, reaching a new 52-week high, and has been trading above its 50-day moving average, reflecting a bullish trend overall.
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