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Amit Malviya

24th Jun · SEBI-Registered Analyst

$KPRMILL KPR Mill Ltd shares surged sharply on 24 June 2026,

KPR Mill Ltd shares surged sharply on 24 June 2026, rising over 5% to ₹1,226.6 intraday, outperforming both the Sensex and the entire Garments & Apparels sector. The rally was driven by strong institutional buying, high trading volumes, and a technical breakout above all key moving averages, signaling renewed momentum for the textile major. 🧵 Key Highlights – KPR Mill Ltd (24 June 2026) 📈 Stock Performance Intraday High: ₹1,226.6 (+5.33%) Opening Price: ₹1,139  |  Close: ₹1,252.6 (+13.11%) Sector Outperformance: +5.64 percentage points vs Garments & Apparels index Market Cap: ₹38,637 crore 52‑Week High: ₹1,257 (only 3% away) 💰 Trading Activity Volume: ≈ 21.78 lakh shares Value Turnover: ₹266 crore — among the highest in the sector Institutional Interest: Strong buying from domestic and foreign funds Delivery Volumes: Temporarily down 53% vs 5‑day average, suggesting short‑term trading dominance ⚙️ Technical Setup Trading above all key moving averages (5‑, 20‑, 50‑, 100‑, 200‑day) Bullish breakout confirmed after three days of decline Momentum Indicators: RSI > 70 (near overbought zone but strong trend) Support: ₹1,200  |  Resistance: ₹1,257 (52‑week high) 🏭 Fundamental Context Garment & Apparel Exports: Recovering after cotton duty exemption effective June 1 2026 — reducing input costs and boosting margins. Solar Power Integration: Continues to lower energy costs and enhance ESG profile. Expansion Plans: Doubling garment capacity in Tirupur by FY27 to meet rising export demand. Revenue Trajectory: FY26 revenue ≈ ₹6,650 crore (+4% YoY); Net Profit ₹866 crore (+6% YoY).

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