Kewal Kiran Clothing Ltd (KKCL) - Excellent branded retail play

In Jun 2011 when Vipul had started this post the price of KKCL was hovering around Rs. 500+ mark and today it has crossed Rs. 2000. Price has gone up by 4x. Net Profit has almost doubled from 2010. The margins are in late teens. I have the following questions:

  1. What is the future of KKCL in India in comparison to brands like Levis and the like?
  2. Can I enter at the current levels?

Readers, request your feedback on the same.

Regards,

Gaurav