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  1. KPR Mill shares decline over 7% post block deal; check key details

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KPR Mill shares decline over 7% post block deal; check key details

Upstox

2 min read | Updated on May 21, 2025, 11:35 IST

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SUMMARY

As per exchange data, promoters and promoter groups held a total of 70.68% stake in the company, and the rest of the 29.32% stake was held by the public. Following the block deal, shares of KPR Mill were trading at ₹1,156.55 apiece, declining 5.99% on NSE

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Over the last five trading days, KPR Mill shares rose 1.6%, while for a month’s period, the stock gained 9.3%. | Image: Shutterstock

Over the last five trading days, KPR Mill shares rose 1.6%, while for a month’s period, the stock gained 9.3%. | Image: Shutterstock

KPR Mill shares tumbled over 7% on Wednesday, May 21, as almost 1.09 crore shares, representing nearly 3.2% equity in the company, exchanged hands in two block deals.
According to a CNBC-TV18 report, the company’s promoters, Chairman KP Ramasamy and Managing Directors KPD Sigamani and P Nataraj, are likely the sellers.
A May 20 report by CNBC-TV18 also stated that the three promoters of KPR Mill are likely to sell up to 3.2% of their stake in the textile company via block deals to raise up to ₹1,195.6 crore. The floor price for the transaction had been set at ₹1,107 per share.

As per exchange data, KP Ramasamy, KPD Sigamani and P Nataraj each held a 20.34% stake in the firm as of March 2025. Promoters and promoter groups held a total of 70.68% stake in the company, and the rest of the 29.32% stake was held by the public.

Following this, shares of KPR Mill were trading at ₹1,156.55 apiece, declining 5.99% on the National Stock Exchange. The stock has tumbled over 7% from its previous closing.

The textile company had reported a consolidated net profit after tax (PAT) of ₹204.55 crore for the March quarter of the financial year 2024-25 as compared to ₹213.61 crore a year ago.

Its revenue from operations stood at ₹1768.98 crore for Q4 against ₹1696.72 crore a year ago.

For the quarter under review, earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at ₹343.84 crore in contrast to ₹346.96 crore a year ago. The EBITDA margin for the quarter came in at 19.3% against 20.3% year-on-year (YoY).

Share price details

Over the last five trading days, KPR Mill shares rose 1.6%, while for a month’s period, the stock gained 9.3%.

Since November 21, 2024, which is six months, shares of the firm have jumped over 25%.

The company’s market capitalisation stands at ₹39,532.50 crore.

Shares of the firm had touched its one-year high of ₹1,389 apiece on May 9, 2025, while its 52-week low of ₹743 was hit on June 4, 2024.

KPR Mill is one of the largest vertically integrated, public limited listed companies with a diversified business focus spanning across yarn, fabrics, garments and white crystal sugar.

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Upstox
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