This is how KPR Mills is doing at the markets today

... -

---

July 29, 2015 Shares of KPR Mills Ltd., a diversified textiles player, surged to a fresh high after the company reported first quarter earnings that beat street's expectations.

KPR Mills, which also has interests in Sugar production, said its first quarter Net Profit rose 29 percent to 50.5 crore rupees compared with 39 crore rupees in the same quarter a year ago. Sales during April-June gained 5 percent to 623 crore rupees from 593 crore rupees in the year ago period.

KPR Mills gained 2.9 percent, or 18.30 rupees, to 660 rupees on the National Stock Exchange, where 28,400 shares were traded in the first 90 minutes of trade compared with the 5-day average of 46,700 lakhs.

KPR Mills' market capitalisation has leapt 172 percent in the past one year to 2,487 crore rupees as investors latched on to strong growth in the textiles sector owing to cheaper prices of inputs such as cotton.

---

Share to ....: 1025    

Most viewed

• India’s cotton panel CCPC estimates higher crop, export and consumption
• महाराष्ट्र की इस मंडी में 8300 रुपये क्विंटल हुआ कॉटन का दाम, क्या कह रहे हैं किसान
• Picking underway for Australian cotton with above average crops expected: Cotton Australia
• Godrej Agrovet’s crop protection biz unit launches pilot to reach out to cotton growers
• स्पिनिंग मिलों की मांग बनी रहने के  कारण नरमा कपास में आई तेजी
• Cotton Dropped On Profit Booking After Prices rose As US Has Lower Ending Stocks
• Cotton price surge to make Pakistani products less competitive globally
• Textile Associations Urge Intervention On CCI Cotton Trading Policies
• दाम कम होने के कारण सीसीआई को कपास बेचने में रूचि नहीं दिखा रहे क्षेत्र के किसान
• किसानों से दगा- कपास की न्यूनतम समर्थन मूल्य पर खरीद के नाम पर खानापूर्ति