Axita Cotton Share PriceAxita Cotton

₹26.9
0.15 (0.56%)
As on 04 October, 2023 | 06:37 BSE: 542285 NSE: AXITAISIN: INE02EZ01022

Axita Cotton Performance

Day Range

  • Low 26.55
  • High 27.1
26.9

52 Week Range

  • Low 24.75
  • High 83
26.9
  • Open Price26.95
  • Previous Close26.75
  • Volume185440

Start SIP in Axita Cotton

Start SIP

Axita Cotton Share Price

  • Over 1 Month 1.89%
  • Over 3 Month 3.26%
  • Over 6 Month -55.05%
  • Over 1 Year -10.69%

Axita Cotton Key Statistics

P/E Ratio 28.7
PEG Ratio 3.3
Market Cap Cr 526
Price to Book Ratio 10.1
EPS 0.9
Dividend 0
Relative Strength Index 52.25
Money Flow Index 45.63
MACD Signal 0.14
Average True Range 0.79

Axita Cotton Investment Rating

  • Master Rating:
  • Axita Cotton has an operating revenue of Rs. 575.84 Cr. on a trailing 12-month basis. An annual revenue de-growth of -33% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 32% is exceptional. 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 below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 5 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 102 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. 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

Axita Cotton Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 22812613092205286
Operating Expenses Qtr Cr 22112112588199282
Operating Profit Qtr Cr 756354
Depreciation Qtr Cr 000000
Interest Qtr Cr 000001
Tax Qtr Cr 222122
Net Profit Qtr Cr 665246
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 558830
Operating Expenses Annual Cr 533808
Operating Profit Annual in Cr 1915
Depreciation Cr 10
Interest Annual Cr 02
Tax Annual Cr 65
Net Profit Annual Cr 1715
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -4
Cash from Investing Activity Annual Cr 1
Cash from Financing Annual Activity Cr -3
Net Cash Flow Annual Cr -6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 5236
Fixed Assets Annual Cr 103
Total Non Current Assets Annual Cr 103
Total Current Assets Annual Cr 71106
Total Assets Annual Cr 81109
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 319
ROE Annual % 3340
ROCE Annual % 4058
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 43
IndicatorJun 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 %

Axita Cotton Technicals

EMA & SMA

Current Price
₹26.9
0.15 (0.56%)
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • ₹26.84
  • 50 Day
  • ₹27.24
  • 100 Day
  • ₹30.42
  • 200 Day
  • ₹33.31
  • 20 Day
  • ₹26.96
  • 50 Day
  • ₹26.53
  • 100 Day
  • ₹26.88
  • 200 Day
  • ₹41.4

Axita Cotton Resistance and Support

PIVOT
₹26.85
Resistance
First Resistance ₹27.15
Second Resistance ₹27.4
Third Resistance ₹27.7
RSI 52.25
MFI 45.63
MACD Single Line 0.15
MACD 0.08
Support
First Resistance ₹26.6
Second Resistance ₹26.3
Third Resistance ₹26.05

Axita Cotton Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 225,792 22,579,200 100
Week 246,092 24,609,175 100
1 Month 340,509 34,050,860 100
6 Month 2,684,291 134,885,633 50.25

Axita Cotton Result Highlights

Axita Cotton Synopsis

NSE-Apparel-Clothing Mfg

Axita Cotton is involved in the business activities of Cotton ginning, cleaning and bailing. Company’s Total Operating Revenue is Rs. 552.60 Cr. and Equity Capital is Rs. 19.66 Cr. for the Year ended 31/03/2023. Axita Cotton Ltd. is a Public Limited Listed company incorporated on 16/07/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17200GJ2013PLC076059 and registration number is 076059.
Market Cap 526
Sales 576
Shares in Float 5.87
No of funds 5
Yield 1.92
Book Value 10.09
U/D Vol ratio 1.9
LTDebt / Equity
Alpha 0.06
Beta 0.24

Axita Cotton

Owner NameJun-23Mar-23Dec-22
Promoters 69.97%69.65%69.65%
Foreign Portfolio Investors 3.43%12.45%11.63%
Individual Investors 21.68%5.8%6.78%
Others 4.92%12.1%11.94%

Axita Cotton Management

Name Designation
Mr. Nitinbhai Govindbhai Patel Chairman & Managing Director
Mr. Kushal Nitinbhai Patel Managing Director
Mr. Vinod Kanubhai Rana Independent Director
Mr. Kunjal Jayantkumar Soni Independent Director
Ms. Apeksha Sanjaykumar Vyas Independent Director
Mr. Dixit Dipakkumar Shah Independent Director

Axita Cotton Forecast

Price Estimates

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

Other Analyst Rating

Axita Cotton Corporate Action

Date Purpose Remarks
2023-08-08 Quarterly Results
2023-05-23 Buy Back of shares
2023-04-28 Audited Results (Revised) per share(5%) Dividend
2023-01-28 Quarterly Results
2022-11-14 Quarterly Results
Date Purpose Remarks
2022-09-20 FINAL Rs.0.50 per share(5%) Dividend
Date Purpose Remarks
2022-01-12 Bonus Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-.
Date Purpose Remarks
2022-10-21 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Axita Cotton FAQs

What is Share Price of Axita Cotton ?

Axita Cotton share price is ₹26 As on 04 October, 2023 | 06:23

What is the Market Cap of Axita Cotton ?

The Market Cap of Axita Cotton is ₹526.3 Cr As on 04 October, 2023 | 06:23

What is the P/E ratio of Axita Cotton ?

The P/E ratio of Axita Cotton is 28.7 As on 04 October, 2023 | 06:23

What is the PB ratio of Axita Cotton ?

The PB ratio of Axita Cotton is 10.1 As on 04 October, 2023 | 06:23

Q2FY23