Akshar Spintex
Akshar Spintex Performance
Day Range
- Low 7.30
- High 7.55
52 Week Range
- Low 4.85
- High 8.50
- Open Price7.50
- Previous Close7.20
- Volume5159967
Start SIP in Akshar Spintex
Start SIPAkshar Spintex Investment Rating
-
Master Rating:
-
Akshar Spintex has an operating revenue of Rs. 150.44 Cr. on a trailing 12-month basis. An annual revenue de-growth of -21% needs improvement, Pre-tax margin of -3% needs improvement, ROE of -6% is poor and needs improvement. The company has a reasonable debt to equity of 20%, which signals a healthy balance sheet. It is currently FORMING a base in its weekly chart and is trading around 11% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 45 which is a POOR score indicating inconsistency in earnings, a RS Rating of 33 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 90 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 44 | 38 | 37 | 31 | 19 | 48 | 47 |
Operating Expenses Qtr Cr | 42 | 37 | 35 | 30 | 25 | 46 | 43 |
Operating Profit Qtr Cr | 2 | 2 | 2 | 1 | -6 | 2 | 4 |
Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Tax Qtr Cr | 0 | 0 | -2 | 0 | 0 | 0 | 3 |
Net Profit Qtr Cr | 1 | 1 | 3 | 0 | -8 | 1 | 0 |
Akshar Spintex Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 16
- Bearish Moving Average
- ___
- 0
- 20 Day
- ₹6.93
- 50 Day
- ₹6.88
- 100 Day
- ₹6.90
- 200 Day
- ₹7.01
- 20 Day
- ₹6.74
- 50 Day
- ₹6.75
- 100 Day
- ₹7.06
- 200 Day
- ₹6.88
Akshar Spintex Resistance and Support
Resistance | |
---|---|
First Resistance | 7.63 |
Second Resistance | 7.72 |
Third Resistance | 7.88 |
RSI | 60.80 |
MFI | 47.49 |
MACD Single Line | 0.06 |
MACD | 0.15 |
Support | |
---|---|
First Resistance | 7.38 |
Second Resistance | 7.22 |
Third Resistance | 7.13 |
Akshar Spintex Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 6,562,518 | 377,476,035 | 57.52 |
Week | 9,082,875 | 434,070,596 | 47.79 |
1 Month | 5,716,110 | 280,146,572 | 49.01 |
6 Month | 1,028,908 | 53,184,230 | 51.69 |
Akshar Spintex Result Highlights
Akshar Spintex Synopsis
NSE-Apparel-Clothing Mfg
Akshar Spintex is involved in the business activities of Preparation and spinning of textile fibres. Company’s Total Operating Revenue is Rs. 135.53 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2023. Akshar Spintex Ltd. is a Public Limited Listed company incorporated on 13/06/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17291GJ2013PLC075677 and registration number is 075677.Market Cap | 189 |
Sales | 150 |
Shares in Float | 14.00 |
No of funds | |
Yield |
Book Value | 4.63 |
U/D Vol ratio | |
LTDebt / Equity | 20 |
Alpha | 0.08 |
Beta | 0.29 |
Akshar Spintex
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 43.75% | 43.75% | 43.75% | 43.75% |
Foreign Portfolio Investors | 0.06% | |||
Individual Investors | 47.46% | 46.48% | 44.41% | 45.88% |
Others | 8.79% | 9.77% | 11.84% | 10.31% |
Akshar Spintex Management
Name | Designation |
---|---|
Mr. Harikrushna Shamjibhai Chauhan | Chairman & Wholetime Director |
Mr. Amit Vallabhbhai Gadhiya | Managing Director |
Mrs. Ilaben Dineshbhai Paghdar | Executive Director |
Mr. Nirala Indubhai Joshi | Non Exe. & Ind. Director |
Mr. Rohit Bhanjibhai Dobariya | Non Exe. & Ind. Director |
Mr. Parshotam Lakhabhai Vasoya | Non Exe. & Ind. Director |
Akshar Spintex Forecast
Price Estimates
Akshar Spintex Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-12-15 | Interim Dividend, Bonus & Buy Back | |
2023-11-06 | Quarterly Results | |
2023-08-11 | Quarterly Results | |
2023-07-31 | Others | To consider and approve the Resignation of Mr. Pratik M. Makwana, Company Secretary & Compliance Officer of the Company. split from Rs. 10/- to Re. 1/-. |
2023-05-27 | Audited Results & Stock Split |
Date | Purpose | Remarks |
---|---|---|
2023-07-31 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
Akshar Spintex FAQs
What is Share Price of Akshar Spintex ?
Akshar Spintex share price is ₹7 As on 04 December, 2023 | 02:19
What is the Market Cap of Akshar Spintex ?
The Market Cap of Akshar Spintex is ₹188.7 Cr As on 04 December, 2023 | 02:19
What is the P/E ratio of Akshar Spintex ?
The P/E ratio of Akshar Spintex is 33 As on 04 December, 2023 | 02:19
What is the PB ratio of Akshar Spintex ?
The PB ratio of Akshar Spintex is 4.6 As on 04 December, 2023 | 02:19