Kewal Kiran Clothing is engaged into manufacturing, marketing and retailing of branded readymade garments and finished accessories. The company intends to increase their retail presence through more retail outlets under the franchisee operation model. The focus would be on expanding reach into Tier II and Tier III cities where the products are already available through other formats and there is familiarity with the company's brands. Being the sector, its always beneficial to have a textile stock in portfolio for diversification to niche sectors. Expecting a 10%+ move in the next 6 months.
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