What to watch. Will new processing unit boost KPR Mills shares?

KPR Mills has commissioned a new processing plant with a cold processing unit. The advanced technology of cold processing reduces water consumption by 30 per cent and eliminates the use of salt completely, the company said in a release to the exchanges. The eco-friendly facility will cut down the cost of production and enhance the fabric quality with excellent colour uniformity, KPR Mills further claims, adding that the unit will add value to its garment division.