In deteriorating market conditions, even the stocks known for good performance remain in the reverse gear. KPR Mill been into Ready Made Apparels is one such stock.
Promoters holding around 74% of the total share with price to earning of 16 against the industry average of 38, KPR Mill is found to be maintaining the NP. Good market cap and dividend of Rs.9/- against the face value of Rs.10/- it is a virtually debt free company (0.35%) which is within acceptable limits. Currently quoting around Rs.727, it has had the 52 week High - Low of RS.386 - 923 respectively. Enjoying ROE of around 17, one can easily expect the level of 1300 provided KPR Mill post good forthcoming qly results as also market is in comfortably conditions.
Invest with time horizon for rewarding times.