AXITA

Axita Cotton Share PriceAxita Cotton

₹53.3
-0.7 (-1.3%)
As on 22 March, 2023 | 03:18 BSE: 542285 NSE: AXITA

Axita Cotton Performance

Day Range

  • Low
  • High

52 Week Range

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

Start SIP in Axita Cotton

Start SIP

Axita Cotton Share Price

  • Over 1 Month -11.83%
  • Over 3 Month 14.5%
  • Over 6 Month 70.94%

Axita Cotton Key Statistics

P/E Ratio 59
PEG Ratio
Market Cap Cr 1,048
Price to Book Ratio 28.7
EPS 0.7
Dividend 0.1
Relative Strength Index 43.44
Money Flow Index 65.82
MACD Signal -0.66
Average True Range 3.27

Axita Cotton Investment Rating

  • Master Rating:
  • Axita Cotton has an operating revenue of Rs. 712.80 Cr. on a trailing 12-month basis. An annual revenue growth of 34% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 39% 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 50DMA and around 39% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart and is trading around -7% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 90 which is a GREAT score indicating consistency in earnings, a RS Rating of 96 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 124 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 great fundamentals and technical strength to stay in momentum.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Axita Cotton Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 13092205286
Operating Expenses Qtr Cr 12588199282
Operating Profit Qtr Cr 6354
Depreciation Qtr Cr 0000
Interest Qtr Cr 0001
Tax Qtr Cr 2122
Net Profit Qtr Cr 5246

Axita Cotton Technicals

EMA & SMA

Current Price
₹53.3
-0.7 (-1.3%)
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • 55.54
  • 50 Day
  • 54.79
  • 100 Day
  • 50.06
  • 200 Day
  • 20 Day
  • 54.88
  • 50 Day
  • 56.61
  • 100 Day
  • 50.02
  • 200 Day

Axita Cotton Resistance and Support

PIVOT
₹54.65
Resistance
First Resistance 56.15
Second Resistance 58.3
Third Resistance 59.8
RSI 43.44
MFI 65.82
MACD Single Line -0.66
MACD -0.68
Support
First Resistance 52.5
Second Resistance 51
Third Resistance 48.85

Axita Cotton Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 389,696 20,969,542 53.81
Week 509,094 30,168,922 59.26
1 Month 1,192,184 43,133,217 36.18
6 Month 940,916 40,158,300 42.68

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. 822.82 Cr. and Equity Capital is Rs. 19.66 Cr. for the Year ended 31/03/2022. 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 1,048
Sales 713
Shares in Float 5.90
No of funds 5
Yield 0.93
Book Value 28.52
U/D Vol ratio 1.3
LTDebt / Equity 4
Alpha 0.68
Beta 0.33

Axita Cotton

Owner NameDec-22Oct-22Sep-22Jun-22
Promoters 69.65%72.37%72.37%
Foreign Portfolio Investors 11.63%10.93%10.61%
Individual Investors 6.78%6.02%6.17%
Others 11.94%10.68%10.85%

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 FAQs

What is Share Price of Axita Cotton ?

Axita Cotton share price is ₹53 As on 22 March, 2023 | 03:04

What is the Market Cap of Axita Cotton ?

The Market Cap of Axita Cotton is ₹1047.7 Cr As on 22 March, 2023 | 03:04

What is the P/E ratio of Axita Cotton ?

The P/E ratio of Axita Cotton is 59 As on 22 March, 2023 | 03:04

What is the PB ratio of Axita Cotton ?

The PB ratio of Axita Cotton is 28.7 As on 22 March, 2023 | 03:04

Q2FY23

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number