KPR Mill witnessed a significant block deal on Wednesday, with 1.2 crore shares or 3.1% equity changing hands, valued at ₹988.3 crore. The shares were traded at ₹925 per share. This substantial transaction represents around 3% of the company’s equity.
As of 2:56 pm, KPR Mill’s shares were trading slightly higher, up 0.074% at ₹1,010.00 on the NSE. The block deal has caught investor attention, but the stock has maintained steady movement following the transaction.
KPR Mill Ltd is one of India’s leading textile companies, with a diversified business portfolio that includes yarn, fabrics, garments, green power, sugar, ethanol, and wind power. It is also recognized as one of the largest vertically integrated apparel manufacturing companies in the country.
KPR Mill produces a wide variety of textile products, including ready-made knitted apparel, fabrics, and various yarn types such as compact, melange, carded, polyester, and combed yarn. This extensive range allows the company to cater to a broad spectrum of industries while maintaining a strong foothold in the textile sector.
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