India's Kitex Garments hits 19-mth high after Dec-qtr profit surges

Kitex Garments

12/02/2020 04:57

** Apparel maker's shares  KITE.NS  rise as much as 13.84%
to 168.6 rupees, their highest since June 2018
    ** Co's Dec-qtr profit nearly trebles to 349.9 mln rupees
($4.91 million)  urn:newsml:reuters.com:*:nFWN2AB04E
    ** Declares interim dividend of 1.5 rupees a share
    ** More than 1.3 mln shares traded vs 30-day average of
305,774 shares
    ** Stock is up nearly 44.5% this year, as of last close

($1 = 71.2100 Indian rupees)

 (Reporting by Derek Francis in Bengaluru)
 ((derek.francis@thomsonreuters.com; +91-9986311363 and
@derekfrancis089 on Twitter;))