Thread by @TechnoFunda6

#KKCL - A Mid-Cap Stock which can give 2X Returns in medium to long term.

CMP – 1283.15 (9/12/2021)

(Must read🧵Thread for those looking for Long Term Wealth Creation)

@rohanshah619 @caniravkaria Views Invited 🙏🙏🙏

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Kewal Kiran Clothing Limited (#KKCL) is one of India’s largest branded apparel manufacturers, engaged in the designing, manufacturing and marketing of branded jeans and a wide range of western wear.

#TechnoFunda #StockMarket #Investing #Trading

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With in-house fashion brands Killer, Integriti, LawmanPg3, Easies, K-Lounge and Addictions, company has created a niche segment for apparel and accessory lovers across India.

#KKCL #TechnoFunda #StockMarket #Investing #Trading

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#KKCL is present in over 25 states in India through 330+ stores, leading e-commerce platforms & other retail formats.

Company’s manufacturing operations are based in Mumbai (stitching), Vapi (processing) & Daman (stitching & finishing).

#TechnoFunda #StockMarket #Investing

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In 2019 #KKCL acquired womenswear brand Desi Belle, to go full throttle into womenswear-fusionwear.

For Desi Belle, the company is targeting a revenue of ₹200 crore for the next five years.

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🌟Outstanding Q2 Results by #KKCL🌟

✅Net Sales at Rs. 175.08 Cr in September 2021 up 159.45% from Rs. 67.48 Cr in September 2020.

✅Quarterly Net Profit at Rs. 27.02 Cr in September 2021 up 194.98% from Rs. 9.16 Cr in September 2020.

@nid_rockz views invited 🙏

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Sometime back company declared dividend of Rs. 10 per share.

Company has been maintaining a healthy dividend payout of 89.35%

#KKCL #TechnoFunda #StockMarket #Investing #Trading

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🌟Technical Analysis of #KKCL by @YTA_School🌟

✅Trading higher than 5 day, 20 day, 50 day, 100 day & 200 day moving averages.

✅It is in Advancing Stage of Stock Market Cycle.

✅ Golden Crossover of 50 & 100 EMA happened last week.

✅ Stock is outperforming Nifty50

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✅Recently company has announced 4:1 bonus and record date for the same is 17 December 2021.

✅This can be a good trigger for increased retail participation in the stocks.

✅Outlook of the stock looks good for long term.

@saditya10p views invited. 🙏

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Bhavin Sheth, CFO #KKCL says

“The Indian market is largely untapped. There is a lot of potential available to leverage the Indian market better. With a homegrown brand like ours, we want made in India, make in India and sell in India.”

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Disclaimer : This is not a stock recommendation on #KKCL. Just a case study for educational purpose explaining how #TechnoFunda works !

Our team members are personally invested in the stock hence their opinion can be biased.

Consult Financial Advisor before Investing!