Equity Cash Pick # 2 (2021)/ KKCL

 

KKCL 

Stock : 

Kewal Kiran Clothing Ltd

Kewal Kiran Clothing is engaged in the Business of Manufacturing of wearing apparels, except fur apparels.

CMP: 960

PROS

• Stock is providing a good dividend yield of 4.53%.
• Company has been maintaining a healthy dividend payout of 60.11%

CONS

• The company has delivered a poor growth of 5.89% over past five years.
• Earnings include an other income of Rs.19.19 Cr.

Chart on Technical set up is looking good 

SMA50 and EMA 31 bullish Cross over 
RSI (14) set up is good