Massive surge! Why Kitex Garments shares skyrocketed 16% after Q2 results | Highlights from quarterly earnings; returns
New Delhi, Nov. 3 -- Kitex Garments share price skyrocketed 16% in Monday's trading session after the company reported strong set of numbers during the July-September quarter for the financial year 2026-27.
Kitex Garments shares opened at Rs.126 apiece on NSE today, as compared to previous close of Rs.115.77 on Monday and touched an intraday high of Rs.137.09 on 3 November.
Kitex Garments reported a strong financial performance in Q2 FY27, with revenue from operations rising 66% year-on-year (YoY) to Rs.203 crore, compared to Rs.122 crore in Q2 FY26.
On a sequential basis, revenue increased 28% from Rs.158 crore in Q1 FY27, indicating sustained growth in the company's business performance.
The company's operating performance also witn...
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