Kanani Industries Share PriceKanani Industries

₹7.95
0.05 (0.63%)
As on 22 September, 2023 | 06:52 BSE: 506184 NSE: KANANIINDISIN: INE879E01037

Kanani Industries Performance

Day Range

  • Low 7.8
  • High 8.1
7.95

52 Week Range

  • Low 5.5
  • High 13.45
7.95
  • Open Price7.95
  • Previous Close7.9
  • Volume116601

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Kanani Industries Share Price

  • Over 1 Month 11.97%
  • Over 3 Month -0.62%
  • Over 6 Month 20.45%
  • Over 1 Year -9.66%

Kanani Industries Key Statistics

P/E Ratio 63.3
PEG Ratio -1.2
Market Cap Cr 79
Price to Book Ratio 1.3
EPS 0.1
Dividend 0
Relative Strength Index 60.93
Money Flow Index 63.03
MACD Signal 0.12
Average True Range 0.36

Kanani Industries Investment Rating

  • Master Rating:
  • Kanani Industries has an operating revenue of Rs. 257.22 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 16%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 5% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 18 which is a POOR score indicating inconsistency in earnings, a RS Rating of 27 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 82 indicates it belongs to a poor industry group of Retail/Whlsle-Jewelry and a Master Score of E is 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

Kanani Industries Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 191813252521
Operating Expenses Qtr Cr 191713252421
Operating Profit Qtr Cr 000100
Depreciation Qtr Cr 000000
Interest Qtr Cr 000000
Tax Qtr Cr 000000
Net Profit Qtr Cr 000001
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 8186
Operating Expenses Annual Cr 7984
Operating Profit Annual in Cr 11
Depreciation Cr 00
Interest Annual Cr 11
Tax Annual Cr 00
Net Profit Annual Cr 11
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -7-2
Cash from Investing Activity Annual Cr 00
Cash from Financing Annual Activity Cr 72
Net Cash Flow Annual Cr 00
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 4544
Fixed Assets Annual Cr 00
Total Non Current Assets Annual Cr 2222
Total Current Assets Annual Cr 6870
Total Assets Annual Cr 9092
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 54
ROE Annual % 12
ROCE Annual % 34
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 22
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 826248669543
Operating Expenses Qtr Cr 816247659442
Operating Profit Qtr Cr 001111
Depreciation Qtr Cr 000000
Interest Qtr Cr 000000
Tax Qtr Cr 000000
Net Profit Qtr Cr 000111
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 271292
Operating Expenses Annual Cr 267289
Operating Profit Annual in Cr 32
Depreciation Cr 00
Interest Annual Cr 11
Tax Annual Cr 00
Net Profit Annual Cr 22
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -3-2
Cash from Investing Activity Annual Cr 00
Cash from Financing Annual Activity Cr 72
Net Cash Flow Annual Cr 30
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6359
Fixed Assets Annual Cr 00
Total Non Current Assets Annual Cr 00
Total Current Assets Annual Cr 130141
Total Assets Annual Cr 131141
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 66
ROE Annual % 33
ROCE Annual % 45
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 11

Kanani Industries Technicals

EMA & SMA

Current Price
₹7.95
0.05 (0.63%)
  • Bullish Moving Average
  • ___
  • 13
  • Bearish Moving Average
  • ___
  • 3
  • 20 Day
  • ₹7.67
  • 50 Day
  • ₹7.56
  • 100 Day
  • ₹7.65
  • 200 Day
  • ₹8.38
  • 20 Day
  • ₹7.52
  • 50 Day
  • ₹7.46
  • 100 Day
  • ₹7.67
  • 200 Day
  • ₹7.91

Kanani Industries Resistance and Support

PIVOT
₹7.95
Resistance
First Resistance ₹8.1
Second Resistance ₹8.25
Third Resistance ₹8.4
RSI 60.93
MFI 63.03
MACD Single Line 0.12
MACD 0.19
Support
First Resistance ₹7.8
Second Resistance ₹7.65
Third Resistance ₹7.5

Kanani Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 145,355 10,052,752 69.16
Week 179,058 12,809,827 71.54
1 Month 154,675 13,184,477 85.24
6 Month 125,312 9,717,947 77.55

Kanani Industries Result Highlights

Kanani Industries Synopsis

NSE-Retail/Whlsle-Jewelry

Kanani Industries Lt is involved in the business activities of Manufacture of jewellery and related articles. Company’s Total Operating Revenue is Rs. 80.49 Cr. and Equity Capital is Rs. 9.89 Cr. for the Year ended 31/03/2023. Kanani Industries Ltd. is a Public Limited Listed company incorporated on 22/03/1983 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L51900MH1983PLC029598 and registration number is 029598.
Market Cap 79
Sales 75
Shares in Float 3.86
No of funds
Yield
Book Value 1.76
U/D Vol ratio 2.1
LTDebt / Equity 23
Alpha
Beta 0.82

Kanani Industries

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 61.35%61.35%61.35%61.35%
Foreign Portfolio Investors
Individual Investors 37.81%37.8%36.56%36.74%
Others 0.84%0.85%2.09%1.91%

Kanani Industries Management

Name Designation
Mr. Premjibhai D Kanani Chairman & Wholetime Director
Mr. Harshil P Kanani Managing Director
Mrs. Ami D Jariwala Independent Director
Mr. Tejas Choksi Independent Director
Mr. Rahul Javeri Independent Director
Mr. Darsh Lavjibhai Kanani Non Exe.Non Ind.Director

Kanani Industries Forecast

Price Estimates

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

Other Analyst Rating

Kanani Industries Corporate Action

Date Purpose Remarks
2023-08-08 Quarterly Results
2023-05-27 Quarterly Results
2023-01-28 Quarterly Results
2022-11-12 Quarterly Results
2022-08-06 Quarterly Results & A.G.M.
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Kanani Industries FAQs

What is Share Price of Kanani Industries ?

Kanani Industries share price is ₹7 As on 22 September, 2023 | 06:38

What is the Market Cap of Kanani Industries ?

The Market Cap of Kanani Industries is ₹78.7 Cr As on 22 September, 2023 | 06:38

What is the P/E ratio of Kanani Industries ?

The P/E ratio of Kanani Industries is 63.3 As on 22 September, 2023 | 06:38

What is the PB ratio of Kanani Industries ?

The PB ratio of Kanani Industries is 1.3 As on 22 September, 2023 | 06:38

Q2FY23