Acknit Industries Share Price
Start SIP in Acknit Industries
Start SIPAcknit Industries Performance
Day Range
- Low 0
- High 0
52 Week Range
- Low 0
- High 0
- Open Price0
- Previous Close0
- Volume
Acknit Industries Investment Rating
-
Master Rating:
-
Acknit Industries has an operating revenue of Rs. 228.04 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 5% is okay, ROE of 10% 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 trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 86 which is a GOOD score indicating consistency in earnings, a RS Rating of 45 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 93 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 57 | 68 | 46 | 56 | 50 | 53 |
| Operating Expenses Qtr Cr | 53 | 63 | 42 | 52 | 46 | 48 |
| Operating Profit Qtr Cr | 4 | 6 | 4 | 4 | 3 | 5 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Profit Qtr Cr | 2 | 3 | 2 | 2 | 2 | 2 |
Acknit Industries Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹308.31
- 50 Day
- ₹307.21
- 100 Day
- ₹299.02
- 200 Day
- ₹280.73
- 20 Day
- ₹306.48
- 50 Day
- ₹310.65
- 100 Day
- ₹299.86
- 200 Day
- ₹282.44
Acknit Industries Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 318.83 |
| Second Resistance | 323.67 |
| Third Resistance | 327.33 |
| RSI | 53.84 |
| MFI | 64.66 |
| MACD Single Line | -0.70 |
| MACD | 0.21 |
| Support | |
|---|---|
| First Support | 310.33 |
| Second Support | 306.67 |
| Third Supoort | 301.83 |
Acknit Industries Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 3,131 | 310,094 | 99.04 |
| Week | 3,973 | 372,392 | 93.74 |
| 1 Month | 1,883 | 161,401 | 85.73 |
| 6 Month | 3,468 | 264,671 | 76.32 |
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. 220.66 Cr. and Equity Capital is Rs. 3.04 Cr. for the Year ended 31/03/2024. 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 | 95 |
| Sales | 228 |
| Shares in Float | 0.15 |
| No of funds | |
| Yield | 0.48 |
| Book Value | 1.21 |
| U/D Vol ratio | 1.2 |
| LTDebt / Equity | |
| Alpha | 0.08 |
| Beta | 0.93 |
Acknit Industries Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 50.34% | 50.34% | 50.34% | 50.34% |
| Mutual Funds | ||||
| Foreign Portfolio Investors | 0.34% | |||
| Individual Investors | 25.17% | 24.94% | 23.68% | 23.7% |
| Others | 24.49% | 24.72% | 25.98% | 25.62% |
Acknit Industries Management
| Name | Designation |
|---|---|
| Mr. Shri Krishan Saraf | Managing Director |
| Mr. Deo Kishan Saraf | Whole Time Director |
| Mr. Abhishek Saraf | Whole Time Director |
| Mrs. Rashi Saraf | Non Exe.Non Ind.Director |
| Mr. Rajarshi Ghosh | Ind. Non-Executive Director |
| Mr. Jadav Lal Mukherjee | Ind. Non-Executive Director |
| Mr. Mukul Banerjee | Ind. Non-Executive Director |
| Mr. Shankar Lal Bajaj | Ind. Non-Executive Director |
Acknit Industries Forecast
Price Estimates
Acknit Industries Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-09 | Quarterly Results | |
| 2024-05-22 | Audited Results & Final Dividend | |
| 2024-02-12 | Quarterly Results | |
| 2023-11-08 | Quarterly Results | |
| 2023-08-11 | Quarterly Results |
Acknit Industries FAQs
What is Share Price of Acknit Industries ?
Acknit Industries share price is ₹318 As on 12 September, 2024 | 15:29
What is the Market Cap of Acknit Industries ?
The Market Cap of Acknit Industries is ₹96.8 Cr As on 12 September, 2024 | 15:29
What is the P/E ratio of Acknit Industries ?
The P/E ratio of Acknit Industries is 10.8 As on 12 September, 2024 | 15:29
What is the PB ratio of Acknit Industries ?
The PB ratio of Acknit Industries is 1.2 As on 12 September, 2024 | 15:29