Discover and read the best of Twitter Threads about #Kitex

Most recents (5)

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Our members are the witness of all the stocks shared. Many will say how do we catch these breakouts ?

Conviction. Basic chart reading. Skillful buying.

Join here - thechartians.com/intraday-swing…

#chartians #momentum #mentorship #trading
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Read 9 tweets
After #Kitex Now comes #VishalFabrics ...

A Small-cap stock that can become 2X in medium term.

CMP – 107.40 (11/1/2022)

Sectoral Tailwinds, Promoters Buying, Breakout ...

(Must read 🧵Thread for Investors !)

@saditya10p Views Invited 🙏

#TechnoFunda #ShareMarket Image
1⃣

A flagship company of the Chiripal Group, #VishalFabrics Limited is a leading denim manufacturer.

Company has been promoted by Shri Brijmohan Chiripal who has nearly three decades of experience in the fabric and yarn business and marketing of knitted apparels.

#TechnoFunda
2⃣

Chiripal Group, is a leading manufacturer and exporter of Textile and BOPP Film products in India with a group turnover of more than Rs. 6,000+ crore.

Other Listed companies of the group - #NandanDenim Ltd. and CIL Nova Petrochemicals Ltd.

#TechnoFunda #Investing #Trading
Read 20 tweets
Thread 🧵on Best Textile Sector Stocks in India ...

Why Invest in Textile ❓

Charts of Best Stocks for Trading / Investing (Based on Set Criteria)

Charts & TA Courtesy : @YTA_School

(Must Read for Traders & Investors)

@Anshi_________ @AmitabhJha3 (Views Invited) 🙏🙏🙏
Covid-19 has altered global textile & apparel (T&A) supply chain with several brands preferring more than one sourcing destination.

Further, US-China trade war & imposition of additional duties on Chinese T&A imports have forced US-based importers to search for alternatives.
In December, US signed a law that bans imports from China's Xinjiang region over concerns about forced labour. As Xinjiang constitutes ~ 20 per cent of global cotton market, supply re-adjustment on account of this ban has led to more demand for Indian cotton and cotton yarn.
Read 28 tweets
Its weekend...and time for deep dive for next #megatrend in the making ..

Can #textiles be the sector in 2022 what did speciality chemicals used to be in 2016-17??

Yes you are right speciality chemicals baskets have been 15-20 baggers in the last 5 years

(1/n)
#Navinfluorine from 270 in 2016 to 4000 in 2021
#Vinatiorganics from 200 in 2016 to 2200 in 2021
#Aartiindustries from 135 in 2016 to 1200 in 2021
And lots many…

First of all, let us understand what’s exactly changed during 2016 for speciality
chemicals and can history repeat itself in the case of textiles:

Flashback 2016:

Back in 2016 china had a dominant market share of 67 % in speciality and commodity chemicals.
Due to rising Air pollution, Chinese regulations decided to shut down chemical factories
Read 23 tweets
#Kitex - A Small-cap stock that can give 2X Returns in medium term.

CMP – 220.05 (5/1/2022)

Sectoral Headwinds, Capex, Promoters Buying, Breakout, Relatively Stronger than Benchmark

(Must read🧵Thread for Investors !)

Thanks to @YTA_School for special Inputs

@caniravkaria
1⃣

Kitex Garments Limited, is reportedly the world's second largest infant clothing manufacturer.

Company’s vision is to become the No.1 infant apparel manufacturer in the world.

#TechnoFunda #Investing #Trading
2⃣

#Kitex has set growth target mission for 2025 to achieve a projected turnover of Rs. 2000+ crores by 2024-25.

While aiming the ambitious target the company is planning to invest Rs. 910 crores in six years.

Source - Company AR

@caniravkaria @nakulvibhor Views Invited 🙏
Read 19 tweets

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