India's Kitex Garments up on merger plan

Kitex Garments

27/09/2024 06:55

** Shares of Kitex Garments  KITE.NS  rises 5% to 491.6
rupees 
    ** Apparel maker said it has considered acquiring its unit
Kitex Childrenswear
    ** Co did not provide further details on the potential deal 
    ** Stock rose 118% YTD, its biggest yearly gain since
listing in 2012 

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com;))