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K P R Mill hits record high on stock-split plan

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Capital Market
Last Updated : Jul 08 2021 | 10:51 AM IST

K P R Mill jumped 5.03% to Rs 1,783.65 after the company said that its board will consider a stock split on Tuesday, 27 July 2021.

On the same day, the board of K.P.R Mill will also consider Q1 June 2021 results.

K P R Mill's consolidated net profit soared 130.1% to Rs 186.16 crore on 29.9% surge in revenue from operations to Rs 1,098.23 crore in Q4 FY21 over Q4 FY20.

K P R Mill is one of the largest vertically integrated with diversified business focus spanning across yarn, fabrics, garments and white crystal sugar. It makes a range of textile varieties such as readymade knitted apparel; fabrics; compact, melange, carded, polyster and combed yarn.

The scrip hit a record high of Rs 1,868.40 in morning trade.

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First Published: Jul 08 2021 | 10:00 AM IST

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