ACKNIT

Acknit Industries Share PriceAcknit Industries

₹160.85
2.4 (1.51%)
As on 07 June, 2023 | 05:35 BSE: 530043 NSE: ACKNIT

Acknit Industries Performance

Day Range

  • Low
  • High
160.85

52 Week Range

  • Low
  • High
160.85
  • Open Price
  • Previous Close
  • Volume

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Acknit Industries Share Price

  • Over 1 Month 11.78%
  • Over 3 Month 16.05%
  • Over 6 Month 3.67%
  • Over 1 Year 11.47%

Acknit Industries Key Statistics

Acknit 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

Acknit Industries Financials
IndicatorMar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5348637564
Operating Expenses Qtr Cr 4843597060
Operating Profit Qtr Cr 55454
Depreciation Qtr Cr 11111
Interest Qtr Cr 11111
Tax Qtr Cr 11111
Net Profit Qtr Cr 22222

Acknit Industries Technicals

EMA & SMA

Current Price
₹160.85
2.4 (1.51%)
  • 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

PIVOT
₹158.75
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 NameMar-23Dec-22Sep-22Jun-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

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

Other Analyst Rating

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

Q2FY23

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