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INFY

Aarvee Denims and Exports..

₹22.4
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Investment Ratings

As per analysts rating in the last 6 months, the recommendation is to HOLD Aarvee Denims

  • Master Rating:
  • Aarvee Denims & Exports has an operating revenue of Rs. 426.81 Cr. on a trailing 12-month basis. An annual revenue de-growth of -49% needs improvement, Pre-tax margin of -30% needs improvement, ROE of -38% is poor and needs improvement. The company has a high debt to equity of 105%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -19% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 26 which is a POOR score indicating inconsistency in earnings, a RS Rating of 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 24 indicates it belongs to a strong industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Aarvee Denims & Exports Ltd Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Ratings

Eps And Sales Estimates

Aarvee Denims & Exports Ltd Synopsis

NSE-Apparel-Clothing Mfg

Aarvee Denims An belongs to the Industry of Textiles - Denim. Company’s Total Operating Revenue is Rs. 279.13 Cr. and Equity Capital is Rs. 23.46 Cr. for the Year ended 31/03/2021. Aarvee Denims and Exports Ltd. is a Public Limited Listed company incorporated on 28/03/1988 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17110GJ1988PLC010504 and registration number is 010504.
  • Market Cap

    INR 52.55 Cr

  • Sales

    INR 426.81 Cr

  • Shares in Float

    0.80 Cr

  • No of Funds

    3 K

  • Yield

    %

  • Book Value

    0.31

  • U/D Vol Ratio

    1

  • LTDebt/Equity

    105%

  • Alpha

    0.3

  • Beta

    0.33

Aarvee Denims & Exports Ltd Ownership
Aarvee Denims & Exports Ltd Management

Aarvee Denims & Exports Ltd Financials

INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Total ShareHolders Funds Annual Cr 167.6329230.9859273.1257271.6882266.1006
Fixed Assets Annual Cr 273.1514350.3832388.9682362.7315380.0571
Total Non Current Assets Annual Cr 276.5302353.1946406.5405380.1937396.8507
Total Current Assets Annual Cr 434.1026489.604555.7711538.4825434.5359
Total Assets Annual Cr 710.6328842.7986962.3116918.6762831.3866
INDICATORMar 2021Mar 2020Mar 2019Mar 2018Mar 2017
Book Value Per Share Annual Rs 71.45598.46116.422115.81113.428
ROE Annual % -38.29-18.150.392.060.66
ROCE Annual % -9.31-0.6411.1812.311.27
Total Debt to Total Equity Annual -----
EBDIT Annual Margin % 06.3411.31108.74

Aarvee Denims & Exports Ltd Technicals

EMA & SMA

CURRENT PRICE

22.4 (0.67)

    • Bullish Moving Averages 2
    • Bearish Moving Averages 14

EMA

  • 20 Day

    23.68

  • 50 Day

    23.8

  • 100 Day

    23.08

  • 200 Day

    21.8

Aarvee Denims & Exports Ltd Resistance and support

22.55 PIVOT

  • First Resistance

    23.2

  • Second Resistance

    24.15

  • Third Resistance

    24.8

  • First Support

    21.6

  • Second Support

    20.95

  • Third Support

    20

  • RSI

    38.17

  • MFI

    22.57

  • MACD

    -0.73

  • MACD signal line

    -0.5

Aarvee Denims & Exports Ltd Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 9,889 661,080 66.85%
Week 13,831 966,663 69.89%
1 Month 22,213 1,731,718 77.96%
6 Month 45,940 3,484,070 75.84%

Aarvee Denims & Exports Ltd Price change analysis

-4.55

Over 1 month

Low High
21.65 27.75

3.95

Over 3 month

Low High
17.25 28.6

-1.05

Over 6 months

Low High
16.75 30

11.3

Over Year

Low High
10.85 30

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News

Aarvee Denims & Exports Ltd - 514274 - Announcement under Re

With reference to the above subject, please find enclosed herewith the copy of the published Extract of the Unaudited Financial Results (Sta Read More

AARVEE DENIMS & EXPORTS LTD. - 514274 - Un-Audited Financial

Submission Of The Unaudited Financial Results (Standalone) Along With The Limited Review Report For The Quarter And Half Year Ended On Septe Read More

AARVEE DENIMS & EXPORTS LTD. - 514274 - Board Meeting Outcom

Board Meeting Outcome for Submission Of The Unaudited Financial Results (Standalone) Along With The Limited Review Report For The Quarter An Read More

Aarvee Denims & Exports Ltd - 514274 - Board Meeting Intimat

AARVEE DENIMS & EXPORTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2021 ,inter ali Read More

AARVEE DENIMS & EXPORTS LTD. - 514274 - Shareholding for the

Aarvee Denims & Exports Ltd has submitted to BSE the Shareholding Pattern for the Period Ended September 30, 2021. For more details, kindly Read More

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