AKSHAR

Akshar Spintex Share PriceAkshar Spintex

₹60.00
As on 27 March, 2023 | 13:06 BSE: 541303 NSE: AKSHAR

Akshar Spintex Performance

Day Range

  • Low
  • High

52 Week Range

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

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Akshar Spintex Share Price

  • Over 1 Month -24.24%
  • Over 3 Month -9.91%
  • Over 6 Month -47.11%

Akshar Spintex Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 150
Price to Book Ratio 3.5
EPS 2.8
Dividend 0
Relative Strength Index 28.11
Money Flow Index
MACD Signal -1.24
Average True Range 1.71

Akshar Spintex Investment Rating

  • Master Rating:
  • Akshar Spintex has an operating revenue of Rs. 270.25 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 trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 11 which is a POOR score indicating inconsistency in earnings, a RS Rating of 31 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 128 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. 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

Akshar Spintex Financials
IndicatorDec 2022Sep 2022Jun 2022
Oper Rev Qtr Cr 311948
Operating Expenses Qtr Cr 302546
Operating Profit Qtr Cr 1-62
Depreciation Qtr Cr 111
Interest Qtr Cr 000
Tax Qtr Cr 000
Net Profit Qtr Cr 0-81

Akshar Spintex Technicals

EMA & SMA

Current Price
₹60.
(0%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • 65.36
  • 50 Day
  • 65.93
  • 100 Day
  • 66.81
  • 200 Day
  • 75.07
  • 20 Day
  • 67.69
  • 50 Day
  • 65.45
  • 100 Day
  • 61.43
  • 200 Day
  • 75.93

Akshar Spintex Resistance and Support

PIVOT
₹60.24
Resistance
First Resistance 61.17
Second Resistance 62.34
Third Resistance 63.27
RSI 28.11
MACD Single Line -1.24
MACD -2.42
Support
First Resistance 59.07
Second Resistance 58.14
Third Resistance 56.97

Akshar Spintex Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 18,685 1,868,500 100
Week 17,789 1,778,880 100
1 Month 10,856 1,085,629 100
6 Month 171,360 13,201,571 77.04

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. 172.11 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2022. 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 150
Sales 270
Shares in Float 1.40
No of funds 2
Yield
Book Value 3.47
U/D Vol ratio 5.2
LTDebt / Equity 27
Alpha 0.13
Beta 0.36

Akshar Spintex

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 43.75%50.62%50.6%
Foreign Portfolio Investors 0.06%0.05%
Individual Investors 45.88%37.56%41.12%
Others 10.31%11.77%8.28%

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

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

Other Analyst Rating

Akshar Spintex FAQs

What is Share Price of Akshar Spintex ?

Akshar Spintex share price is ₹60 As on 27 March, 2023 | 12:52

What is the Market Cap of Akshar Spintex ?

The Market Cap of Akshar Spintex is ₹150 Cr As on 27 March, 2023 | 12:52

What is the P/E ratio of Akshar Spintex ?

The P/E ratio of Akshar Spintex is As on 27 March, 2023 | 12:52

What is the PB ratio of Akshar Spintex ?

The PB ratio of Akshar Spintex is 3.5 As on 27 March, 2023 | 12:52

Q2FY23

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