AKSHAR

AKSHAR SPINTEX

Small Cap BSE: 541303 NSE: AKSHAR
₹125.00
5.25 (4.38%)
As on 20 August, 2022 | 01:09

Akshar Spintex Share Price

Akshar Spintex Performance

Day Range

  • Low
  • High

52 Week Range

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

Akshar Spintex Share Returns

  • Over 1 Month 30.75%
  • Over 3 Month
  • Over 6 Month
  • Over 1 Year

Akshar Spintex Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 313
Price to Book Ratio 7.2
EPS 2.8
Dividend 0
Relative Strength Index 73.21
Money Flow Index 71.86
MACD Signal 5.99
Average True Range 7.71

Akshar Spintex Investment Rating

  • Master Rating:
  • Akshar Spintex has an operating revenue of Rs. 439.07 Cr. on a trailing 12-month basis. An annual revenue growth of 58% is outstanding, Pre-tax margin of 6% is okay, ROE of 16% is good. The company has a reasonable debt to equity of 27%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 29% and 107% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 97 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 112 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 earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Akshar Spintex Financials
  • Indicator
  • Jun 2022
  • Oper Rev Qtr Cr
  • 48
  • Operating Expenses Qtr Cr
  • 46
  • Operating Profit Qtr Cr
  • 2
  • Depreciation Qtr Cr
  • 1
  • Interest Qtr Cr
  • 0
  • Tax Qtr Cr
  • 0
  • Net Profit Qtr Cr
  • 1

Akshar Spintex Technicals

EMA & SMA

Current Price
125.
5.25 (4.38%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 107.67
  • 50 Day
  • 95.14
  • 100 Day
  • 200 Day
  • 20 Day
  • 106.64
  • 50 Day
  • 93.72
  • 100 Day
  • 200 Day

Akshar Spintex Resistance and Support

PIVOT
₹119.25
Resistance
  • First Resistance
  • 124.45
  • Second Resistance
  • 129.15
  • Third Resistance
  • 134.35
Support
  • First Resistance
  • 114.55
  • Second Resistance
  • 109.35
  • Third Resistance
  • 104.65
  • RSI
  • 73.21
  • MFI
  • 71.86
  • MACD Single Line
  • 5.99
  • MACD
  • 7.13

Akshar Spintex Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 82,656
  • 3,765,807
  • 45.56
  • Week
  • 73,346
  • 4,151,384
  • 56.6
  • 1 Month
  • 80,597
  • 4,713,292
  • 58.48
  • 6 Month
  • 60,564
  • 4,183,151
  • 69.07

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. 109.54 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2021. 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
  • 312
  • Sales
  • 220
  • Shares in Float
  • 1.22
  • No of funds
  • Yield
  • Book Value
  • 7.23
  • U/D Vol ratio
  • 2.2
  • LTDebt / Equity
  • 27
  • Alpha
  • 0.71
  • Beta
  • 0.31

Akshar Spintex

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 50.6%
  • 50.49%
  • 49.19%
  • Individual Investors
  • 41.12%
  • 41.37%
  • 38.81%
  • Others
  • 8.28%
  • 8.14%
  • 12%

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
  • Addnl.Non Exe.Independent Director

Akshar Spintex Forecast

Price Estimates

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

Other Analyst Rating

Akshar Spintex Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-12
  • Quarterly Results
  • 2022-05-21
  • Audited Results
  • 2021-11-12
  • Half Yearly Results
  • 2021-06-28
  • Audited Results
  • 2021-01-02
  • Others
  • Inter alia, 1) To Consider and decide appointment of Managing Director of the Company. 2) To Consider and decide appointment of Whole Time Director of the Company.

Akshar Spintex FAQs

What is Share Price of Akshar Spintex ?

Akshar Spintex share price is ₹125 As on 20 August, 2022 | 00:55

What is the Market Cap of Akshar Spintex ?

The Market Cap of Akshar Spintex is ₹312.5 Cr As on 20 August, 2022 | 00:55

What is the P/E ratio of Akshar Spintex ?

The P/E ratio of Akshar Spintex is As on 20 August, 2022 | 00:55

What is the PB ratio of Akshar Spintex ?

The PB ratio of Akshar Spintex is 7.2 As on 20 August, 2022 | 00:55

Q1FY23