Eyes on Kitex Garments results on Monday

The board of directors of Kitex Garments will meet on Monday to consider and take on record the audited financial results for the year ended March 31, 2016. The board will also consider a proposal recommending a final dividend to its shareholders for the financial year 2015-16. Analysts will closely watch the results, as the stock fell from its 52-week high of ₹1,070 (on July 14, 2015) to a 52-week low of ₹340 (in February this year).