KPR Mill Shares Tumble 6% Following Promoters' Block Deal May 21, 2025
KPR Mills Promoters Set to Offload 3.2% Stake in Block Deal May 20, 2025
More news about KPR Mill
20May 25
KPR Mill Promoters to Offload 3.2% Stake in ₹1,195.6 Crore Block Deal
KPR Mill's promoters plan to sell up to 3.2% stake through block deals at a floor price of ₹1,107 per share, a 10% discount to current market price. The offer size is ₹1,195.60 crore. Simultaneously, KPR Mill reported Q4 results with revenue up 4% YoY to ₹1,769 crore, while net profit declined 4% to ₹204 crore.
K.P.R. Mill Ltd released Q4 financial results showing increased revenue to 17.10 billion rupees and consolidated net profit rising to 2.50 billion rupees. However, EBITDA slightly decreased to 3.32 billion rupees. The company's stock has surged 23% over the past three trading sessions, driven by strong Q4 results, result anticipation, and the India-UK Free Trade Agreement eliminating duties on Indian textile exports.
08May 25
KPR Mill Shares Surge 7% Ahead of Board Meeting on Dividend and Financial Results
KPR Mill's stock price jumped 7% to ₹1,216.00 in intraday trading as investors anticipate the upcoming board meeting on May 9, 2025. The meeting agenda includes consideration of the final dividend for FY 2024-2025 and approval of audited financial results. The significant price increase reflects positive investor sentiment and expectations for favorable outcomes from the meeting.