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    3. Acknit Share Price

    Acknit Industries Share PriceAcknit Industries

    Small Cap 2k Result
    ₹290.25
    -13.75 (-4.52%)
    As on 10 December, 2023 | 01:01 BSE: 530043 NSE: ACKNITISIN: INE326C01017

    Acknit Industries Performance

    Day Range

    • Low
    • High
    ₹ 290.25

    52 Week Range

    • Low
    • High
    ₹ 290.25
    • Open Price
    • Previous Close
    • Volume

    Start SIP in Acknit Industries

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    Acknit Industries Share Price

    • Over 1 Month 1.45%
    • Over 3 Month 21.39%
    • Over 6 Month 84.58%
    • Over 1 Year 83.53%

    Acknit Industries Key Statistics

    Acknit Industries Investment Rating

    • Master Rating:

    • Acknit Industries has an operating revenue of Rs. 206.76 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. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 44% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 62 which is a FAIR score but needs to improve its earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 94 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Acknit Industries Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 56505348637564
    Operating Expenses Qtr Cr 52464843597060
    Operating Profit Qtr Cr 4355454
    Depreciation Qtr Cr 1111111
    Interest Qtr Cr 1111111
    Tax Qtr Cr 1111111
    Net Profit Qtr Cr 2222222
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 239219
    Operating Expenses Annual Cr 220202
    Operating Profit Annual in Cr 1816
    Depreciation Cr 33
    Interest Annual Cr 33
    Tax Annual Cr 33
    Net Profit Annual Cr 98
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 25-8
    Cash from Investing Activity Annual Cr -3-6
    Cash from Financing Annual Activity Cr -2214
    Net Cash Flow Annual Cr 00
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7062
    Fixed Assets Annual Cr 3738
    Total Non Current Assets Annual Cr 4041
    Total Current Assets Annual Cr 93106
    Total Assets Annual Cr 133147
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 232203
    ROE Annual % 1313
    ROCE Annual % 2020
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 88
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr
    Operating Expenses Qtr Cr
    Operating Profit Qtr Cr
    Depreciation Qtr Cr
    Interest Qtr Cr
    Tax Qtr Cr
    Net Profit Qtr Cr
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr
    Operating Expenses Annual Cr
    Operating Profit Annual in Cr
    Depreciation Cr
    Interest Annual Cr
    Tax Annual Cr
    Net Profit Annual Cr
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr
    Cash from Investing Activity Annual Cr
    Cash from Financing Annual Activity Cr
    Net Cash Flow Annual Cr
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr
    Fixed Assets Annual Cr
    Total Non Current Assets Annual Cr
    Total Current Assets Annual Cr
    Total Assets Annual Cr
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs
    ROE Annual %
    ROCE Annual %
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin %
    Invest in Acknit Industries

    Acknit Industries Technicals

    EMA & SMA

    Current Price
    ₹290.25
    -13.75 (-4.52%)
    pointer
    • Bullish Moving Average
    • ___
    • 15
    • Bearish Moving Average
    • ___
    • 1
    • 20 Day
    • ₹280.59
    • 50 Day
    • ₹264.59
    • 100 Day
    • ₹244.19
    • 200 Day
    • ₹216.77
    • 20 Day
    • ₹281.09
    • 50 Day
    • ₹257.89
    • 100 Day
    • ₹248.05
    • 200 Day
    • ₹201.38

    Acknit Industries Resistance and Support

    PIVOT
    ₹294.8
    Resistance
    First Resistance 299.60
    Second Resistance 308.80
    Third Resistance 313.60
    RSI 56.55
    MFI 72.07
    MACD Single Line 7.08
    MACD 7.70
    Support
    First Resistance 285.60
    Second Resistance 280.80
    Third Resistance 271.60

    Acknit Industries Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 1,584 148,199 93.56
    Week 13,842 997,316 72.05
    1 Month 4,923 366,254 74.39
    6 Month 5,437 420,237 77.29

    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 88
    Sales 207
    Shares in Float 0.15
    No of funds 1
    Yield 0.52
    Book Value 1.25
    U/D Vol ratio 3.1
    LTDebt / Equity 6
    Alpha 0.25
    Beta 0.5

    Acknit Industries

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 50.34%50.34%50.34%50.34%
    Mutual Funds
    Foreign Portfolio Investors 0.34%0.44%0.44%0.44%
    Individual Investors 23.7%23.39%23.46%23.53%
    Others 25.62%25.83%25.76%25.69%

    Acknit Industries Management

    Name Designation
    Mr. Shri Krishan Saraf Managing Director
    Mr. Deo Kishan Saraf Whole Time Director
    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
    Mr. Abhishek Saraf Whole Time Director
    Mr. Shankar Lal Bajaj 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
    2023-11-08 Quarterly Results
    2023-08-11 Quarterly Results
    2023-05-17 Audited Results & Final Dividend
    2023-02-10 Quarterly Results
    2022-11-12 Quarterly Results

    Acknit Industries FAQs

    What is Share Price of Acknit Industries ?

    Acknit Industries share price is ₹290 As on 10 December, 2023 | 00:47

    What is the Market Cap of Acknit Industries ?

    The Market Cap of Acknit Industries is ₹88.2 Cr As on 10 December, 2023 | 00:47

    What is the P/E ratio of Acknit Industries ?

    The P/E ratio of Acknit Industries is 11 As on 10 December, 2023 | 00:47

    What is the PB ratio of Acknit Industries ?

    The PB ratio of Acknit Industries is 1.3 As on 10 December, 2023 | 00:47

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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