Top 10 Value Picks By GEPL

GEPL has issued a research report identifying Top 10 value picks. The stocks have an upside of up to 10%% in three years

Kitex Garments Ltd. (KGL) is a Kochi based company which manufactures and exports infant garments. It derives 85% of its revenues from sale of infant garments and remaining 15% of its revenues by selling fabric to its unlisted firm Kitex Childrenswear Ltd (KCL). Company exports 90% of its infant garments to US and remaining 10% to Europe. It has several big clientele namely Gerber, Carter, Toys R Us, Mothercare and Jockey. It recently added two more clients Children’s Place and Kohl’s in FY15. KGL along with KCL is the third infant manufacturer in the world with 0.55 mn pieces per day and aims to become number 1 infant wear manufacturer in the world in next few years.

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