Kaya is an Indian multinational skincare, haircare, and body care treatment provider. Kaya clinics is present in 27 cities with a total of 94 clinics across India and 23 in the Middle East.
It is majority owned by promoters with 59.9% holding, while public shareholders have about 38% stake in the company. DIIs have a combined stake of 1.3%, as of the March quarter, while foreign investors own 0.7%.
On Tuesday, Kaya shares surged 1% in intraday trade at Rs 309.8 apiece on the BSE. On a year-to-date basis, the stock has declined 22%, while it has surged 17% in the last one month. The 52-week high of the stock is Rs 424, which it hit on April 25, 2022, while the 52-week low is Rs 238.4. The firm has a market cap of Rs 404 crore.
Technically, Kaya is trading above 5 out of 8 SMAs. The stock traded higher than the 10-day, 20-day, 30-day, 50-day, and 100-day moving averages but lower than the 5-day, 150-day, and 200-day moving average.
For the quarter that ended December 31, the company reported consolidated net sales of Rs 100 crore, up 9.52% from last quarter’s total income of Rs 91.3 crore and up 10.25% from year-ago quarters’ total income of Rs 90.7 crore. The company reported a net loss of Rs 17.7 crore in the December quarter.
As per Trendlyne data, Porinju Veliyath publicly holds 16 stocks with a net worth of over Rs 119.1 crore, as of the March quarter. Some of his top holdings include Orient Bell, TCM, Aurum Proptech, Max India and Kerala Ayurveda among others.(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Economic Times)
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