Bengaluru, July 16 -- This micro-cap textiles stock, engaged in manufacturing and exporting kids' ready-made garments with a focus on style, comfort, and affordability, jumped 3 percent after the company's board considered a 4:1 bonus issue, pending shareholder approval at EGM on August 18, 2025.

With a market capitalization of Rs. 819.73 crores, the share of Karnika Industries Limited has reached an intraday high of Rs. 663.90 per equity share, rising nearly 2.51 percent from its previous day's close price of Rs. 647.65. Since then, the stock has retreated and is currently trading at Rs. 661.10 per equity share.

On July 15, 2025, the Board of Directors of Karnika Industries Limited approved key resolutions, including an increase in au...