Kitex Garments hits over 7-yr high on strong outlookShares of Kitex Garments, world’s second largest manufacturer of infant garments, were locked in upper circuit of 10 per cent at Rs 401.40 per share, hitting over seven-year high on the BSE in Tuesday’s intra-day trade on strong business outlook. In the past month, the stock of garments & apparels stock has zoomed 90 per cent, as compared to 4.8 per cent rise in the BSE Sensex. Kitex Garments is trading at its highest level since June 2017. It had hit a record high of Rs 764.29 on July 3, 2015.

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