KPR Mill News

The Indian stock market saw slight gains on Friday, with Nifty 50 closing at 25,915.15 and Sensex at 84,630.96. Market direction is influenced by RBI's actions, Bihar elections, and global trends. Analysts recommend buying Bharat Electronics and KPR Mill shares.

Kitex Garments share price extended its losing streak for the 11th consecutive session and was locked in a 5% lower circuit for the third straight day. KPR Mill shares plunged 6.18%, while Gokaldas Exports shares fell as much as 3.86%.

Indian textile stocks surged by 3% to 13% after the US announced a 35% tariff on Bangladesh. Experts predict potential growth for Indian firms if tariffs are reduced in an upcoming trade agreement, while a failure to do so may diminish India's competitiveness against Vietnam.

KPR Mill Q4 results: KPR Mill reported a Q4 FY25 net profit of ₹204.6 crore, down 4.2% YoY, despite a revenue increase to ₹1,769 crore. The board recommended a ₹2.5 per share dividend. Share prices soared 17.56%, hitting a 52-week high post-results announcement.

Stock Market Today: KPR Mill share price gains more than 7% during the intraday trades on Thursday. The KPR Mill shares have seen a technical breakout ahead of board meeting to consider dividend

KPR Mill stock split history: The stock traded ex-date for a stock split in a 1:2 ratio in November 2016 and in a 1:5 ratio in September 2021

Q1 results preview: Elara Capital's Q1FY25 textile industry preview highlights varying margins: spinning companies to gain from low-cost cotton, garment businesses to face pressure, and home textiles firms to see improved margins. Arvind Ltd expected to outperform.