Is Kitex Garments Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Kitex Garments Limited pays dividends. Last time was Monday 28th of October 2024 where the investors holding the stock on Friday 20th of September 2024 were paid INR1.5 per share. Over the last 15 times between 2013 and 2024, Kitex Garments Limited has paid INR16.55 with an average of INR1.1 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Kitex Garments Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR86.60, you would have made a profit of INR378.55 per share or 437.12%
Yes, the average daily trading liquidity for Kitex Garments Limited is INR1.17 million. You should therefore be able to get in and out of your positions relatively fast.
Kitex Garments Limited has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.05, the company's ability to pay off the debt is limited. Kitex Garments Limited has a good net profit margin of 9.13% and should have high tolerances against inflation.
We have calculated the inflation risk for Kitex Garments Limited to be medium [0.55 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.