Killer Profits: How KKCL Yielded 1000% Returns
If you had ₹1 lakh invested in KKCL in September 2009, then you could have had ₹20.3 lakhs today! This multibagger gave its investors ₹10,00,000 in returns and ₹10,30,285 in dividends in just 13 years. Here’s a quick look at the company.
👖 Stock: Kewal Kiran Clothing Ltd.
👖 NSE: $KKCL
🌱 About the Company
Incorporated in 1981, Kewal Kiran Clothing Limited is one of the largest branded apparel manufacturers in India. KKCL designs, manufactures and markets branded jeans, semi-formal and casual wear for men.
KKCL began as a manufacturer of men’s wear for reputed brands and has managed to maintain global standards in quality, technology, marketing and branding. They introduced KILLER in 1989, which was the first international denim brand created by an Indian company and today, KILLER is one of the best brands in the apparel industry.
👣 One Step Ahead
KKCL is known for its innovations in the apparel industry, as the company has constantly introduced new fits, finishes and fabrics. It has its own R&D team that works closely with trends and focuses on constant innovation. Fashion with quality is the ideology behind its innovation.
The company’s strong fashion forecasting and trendsetting abilities have created brands that are vibrant and trendy. Each of its brands represents its customers’ personas.
📈 Stock Value
On September 22, 2009, the shares of the company were trading at ₹37.95, while they were priced at ₹417.35 as of September 21, 2022.