These 2 smallcap stocks have zoomed over 100% in 5 wks; hit multi-year high

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Shares of Kitex Garments and Tribhovandas Bhimji Zaveri have hit multi-year highs after rallying up to 17% on the BSE in Monday's intra-day trade on the back of heavy volumes.

In the past five weeks, the stock price of KGL has zoomed 131 per cent from the level of Rs 211.20 on August 5.

With the surge in demand and favourable global market conditions, the company expects to achieve its all-time high record over the last three decades in terms of turnover and profits, Jacob said.

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Category: BusinessFinance

Markets: India

Topics: Gold Share market today Q1 Markets Smallcap stocks Tribhovandas Bhimji Zaveri Jewellery KGL Kitex Garments share Share market today Tribhovandas Bhimji Zaveri share price Markets today Nifty today Stock market today Smallcap Children TBZ Kitex Garments share price Garments Infant garments industry Sensex today

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-09 @ 13:26:20 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1056 words

Reading Time: 6 minutes read

Sentences: 42 lines

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Copyright Owner: © Business Standard

News ID: 22420848

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