Kitex Garments Ltd Sees Surge in Investor Participation and Market Momentum

Aug 13 2025 10:00 AM IST
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Kitex Garments Ltd's stock reached an intraday high of Rs 179.29, hitting the upper circuit limit amid strong market momentum. The stock maintained robust demand, with a notable increase in trading volume and delivery participation, indicating positive investor sentiment and a strong position within the Garments & Apparels sector.
Kitex Garments Ltd, a small-cap player in the Garments & Apparels industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 179.29. The stock experienced a notable change of Rs 8.53, reflecting a percentage increase of 5.0%. This performance is particularly impressive as it outperformed its sector by 4.42%, showcasing strong momentum in the market.

The stock opened with a gap up of 5% and maintained its trading price throughout the day, indicating robust demand. Total traded volume reached approximately 0.35782 lakh shares, contributing to a turnover of Rs 0.6415 crore. Additionally, Kitex Garments has shown consecutive gains over the past two days, accumulating a total return of 10.24% during this period.

Despite trading below its moving averages across various time frames, the stock has seen a significant rise in investor participation, with delivery volume increasing by 551.57% compared to the five-day average. Overall, Kitex Garments Ltd's performance today highlights its strong position within the market, reflecting positive investor sentiment and activity.
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