Kitex Garments plunged today on the back of a poor set of Q2 numbers. While investing on the back of a poor quarter or even a year is not recommended, there seem to have been quite a few anomalies in the numbers. Here’s an excellent (and highly recommended) article by Amit Mantri written way back in July. Looks like the chickens have come home to roost.
Here’s the article – 2point2capital.