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Kitex Garments soars over 6% on bonus issue plan

Kitex Garments soars over 6% on bonus issue plan

Thursday, April 20, 2017, 11:21 AM

Kitex Garments is a producer of children's apparel. Its stocks in Thursday’s trading session soared 6.4%, soon after the company said its board on April 28, will consider bonus issue of shares. The company’s board of directors are also going to consider the recommendation of final dividend for the financial year 2016-17. The stock witnessed a huge spurt in volumes by more than 3.14 times on the BSE.
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