Acknit Industries
Acknit Industries Performance
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52 Week Range
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Start SIP in Acknit Industries
Start SIPAcknit Industries Investment Rating
-
Master Rating:
-
Acknit Industries has an operating revenue of Rs. 238.97 Cr. on a trailing 12-month basis. An annual revenue growth of 9% is good, Pre-tax margin of 5% is okay, ROE of 12% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 79 which is a FAIR score but needs to improve its earnings, a RS Rating of 56 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 121 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment. Please note that this is a thinly traded stock.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 53 | 48 | 63 | 75 | 64 |
| Operating Expenses Qtr Cr | 48 | 43 | 59 | 70 | 60 |
| Operating Profit Qtr Cr | 5 | 5 | 4 | 5 | 4 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | 1 | 1 | 1 | 1 | 1 |
| Net Profit Qtr Cr | 2 | 2 | 2 | 2 | 2 |
Acknit Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹153.88
- 50 Day
- ₹149.69
- 100 Day
- ₹148.76
- 200 Day
- ₹148.06
- 20 Day
- ₹154.08
- 50 Day
- ₹146.88
- 100 Day
- ₹147
- 200 Day
- ₹152.08
Acknit Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | ₹162.45 |
| Second Resistance | ₹166.45 |
| Third Resistance | ₹170.15 |
| RSI | 63.72 |
| MFI | 69.8 |
| MACD Single Line | 3.14 |
| MACD | 3.16 |
| Support | |
|---|---|
| First Resistance | ₹154.75 |
| Second Resistance | ₹151.06 |
| Third Resistance | ₹147.06 |
Acknit Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 4,116 | 162,788 | 39.55 |
| Week | 3,009 | 189,391 | 62.95 |
| 1 Month | 6,244 | 493,060 | 78.97 |
| 6 Month | 2,614 | 199,652 | 76.39 |
Acknit Industries Result Highlights
Acknit Industries Synopsis
BSE-Apparel-Clothing Mfg
Acknit Industries Lt is involved in the business activities of Manufacture of wearing apparel, except fur apparel. Company’s Total Operating Revenue is Rs. 238.47 Cr. and Equity Capital is Rs. 3.04 Cr. for the Year ended 31/03/2023. Acknit Industries Ltd. is a Public Limited Listed company incorporated on 12/10/1990 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L01113WB1990PLC050020 and registration number is 050020.| Market Cap | 49 |
| Sales | 239 |
| Shares in Float | 0.15 |
| No of funds | 1 |
| Yield | 0.93 |
| Book Value | 0.69 |
| U/D Vol ratio | 2.5 |
| LTDebt / Equity | 6 |
| Alpha | 0.03 |
| Beta | 0.75 |
Acknit Industries
| Owner Name | Mar-23 | Dec-22 | Sep-22 | Jun-22 |
|---|---|---|---|---|
| Promoters | 50.34% | 50.34% | 50.34% | 50.34% |
| Foreign Portfolio Investors | 0.44% | 0.44% | 0.44% | 0.44% |
| Individual Investors | 23.46% | 23.53% | 23.48% | 24.45% |
| Others | 25.76% | 25.69% | 25.74% | 24.77% |
Acknit Industries Management
| Name | Designation |
|---|---|
| Mr. Shri Krishan Saraf | Managing Director |
| Mr. Deo Kishan Saraf | WholeTime Director & CFO |
| Mrs. Rashi Saraf | Non Exe.Non Ind.Director |
| Mr. Rajarshi Ghosh | Ind. Non-Executive Director |
| Mr. Mukul Banerjee | Ind. Non-Executive Director |
| Mr. Jadav Lal Mukherjee | Ind. Non-Executive Director |
Acknit Industries Forecast
Price Estimates
Acknit Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2023-05-17 | Audited Results & Final Dividend | |
| 2023-02-10 | Quarterly Results | |
| 2022-11-12 | Quarterly Results | |
| 2022-08-10 | Quarterly Results | |
| 2022-05-28 | Audited Results & Final Dividend |
Acknit Industries FAQs
What is Share Price of Acknit Industries ?
Acknit Industries share price is ₹160 As on 07 June, 2023 | 05:21
What is the Market Cap of Acknit Industries ?
The Market Cap of Acknit Industries is ₹48.9 Cr As on 07 June, 2023 | 05:21
What is the P/E ratio of Acknit Industries ?
The P/E ratio of Acknit Industries is 5.4 As on 07 June, 2023 | 05:21
What is the PB ratio of Acknit Industries ?
The PB ratio of Acknit Industries is 0.7 As on 07 June, 2023 | 05:21