KITEX GARMENTS

Cmp - 193

Market cap - 1290cr

Fy23 Expected EPS - 19 -20

World's 2nd Largest INFANT WEAR Manufacturer

Massive Rs.2406 crores CAPEX
(from FY 22 to FY 26)

Increasing Capacity by "4X"

Current Production- 4 lakhs units/day & After Capacity Expansion- 22 lakh units/Day

Plans to complete all CAPEX by
FY 25-26

Why Investors Ignored this Stock?
In past,there was issues between
Govt of Kerala and Twenty20(CSR arm of Kitex) which may indirectly effect performance Kitex Garments.

After Capacity Expansion,Kitex will be World No.1 INFANT WEAR Manufacturer.

In an Interview,Kitex MD S. Jacob said there will another 600 crores CAPEX to the ongoing Rs.2406 CAPEX

Total CAPEX : Rs.2406 crs
70% Debt,30% Internal Accurals

The advantage that KITEX enjoys ,as despite B2B Customers is that it caters to HIGH QUALITY CONSCIOUS Customers

Technically support @ 160 - 170 zone & watchout for close above 235 - 240 zone for Sustained upmove

S/L - 149 on cbsl or As per Risk

Disc - All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.

Nifty ATH Today

18614

Nifty

After Touching lows of 15200

Already updated near 15700 that markets ignoring all good news

Within 5 months 3500 points rally in Nifty

Nifty comfortable above 18600 and Fresh ATH 18631

Can Dec Qtr Numbers would give upmove in Individual stocks?

SAKAR HEALTHCARE

Moving in very Tight Zone

With low Volumes

228 - 248 zone from last almost 1 month

Watchout for close above 251 in December month

Sakar Healthcare

256

PATANJALI FOODS

Patanjali foods

1495 from 1200 zone and now back to sub 1200 zone

Cmp - 1240

Support@ 1160/1100

Only on close above 1320 can see strength

Till than consolidation continues 1100 To 1320 zone

Can be in different league in next 3 to 4 years

LTTS
LTI

Aurionpro would soon join the Race possible aft Q3 Numbers

Soon would share a link

Those having international A/C can join there as only there are onky 30% who wants to trade in

🔆 A weak company's good quarter is the biggest trap ⬆️

And

🔆A Strong company's bad quarter is the biggest opportunity ⬇️

🔆You get 2 to 5 great investment opportunities every couple of years.Invest in Bussiness

🔆The rest of the time is spent wondering if you will ever get another great opportunity again and convincing yourself to own mediocre opportunities while you wait. Don't rationalize your way into mediocre investments.

T.me/wealthcreature

MINDTREE TREE

We Reco@ 1200

Went till 5000+

From Today Mindtree Merged with LTI

LTIM

LTIMindtree (merged entity) stock starts trading today Trading portal shows correct qty of LTIM after merger (Every 100 shares of MT got merged as 73 shares of LTI).

Let us see how the stock moves today and from now on, in view of the combined strength – revenues, orders and other synergies

LTIM