Akshar Spintex Share Price
Start SIP in Akshar Spintex
Start SIPAkshar Spintex Performance
Day Range
- Low 1
- High 1
52 Week Range
- Low 1
- High 4
- Open Price0
- Previous Close1
- Volume2204834
Akshar Spintex Investment Rating
-
Master Rating:
-
Akshar Spintex has an operating revenue of Rs. 173.52 Cr. on a trailing 12-month basis. An annual revenue growth of 29% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 20%, 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 12 which is a POOR score indicating inconsistency in earnings, a RS Rating of 1 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 85 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.
Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 37 | 48 | 45 | 44 | 38 | 37 |
| Operating Expenses Qtr Cr | 35 | 46 | 43 | 42 | 37 | 35 |
| Operating Profit Qtr Cr | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 0 | 1 | 0 | 0 | 0 | -2 |
| Net Profit Qtr Cr | 1 | 1 | 1 | 1 | 1 | 3 |
Akshar Spintex Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹0.97
- 50 Day
- ₹1.24
- 100 Day
- ₹1.46
- 200 Day
- ₹1.83
- 20 Day
- ₹0.96
- 50 Day
- ₹1.39
- 100 Day
- ₹1.50
- 200 Day
- ₹1.73
Akshar Spintex Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 0.77 |
| Second Resistance | 0.77 |
| Third Resistance | 0.77 |
| RSI | 21.77 |
| MFI | 15.61 |
| MACD Single Line | -0.19 |
| MACD | -0.18 |
| Support | |
|---|---|
| First Support | 0.77 |
| Second Support | 0.77 |
| Third Supoort | 0.77 |
Akshar Spintex Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 2,658,702 | 265,870,200 | 100 |
| Week | 20,718,626 | 2,071,862,640 | 100 |
| 1 Month | 19,980,347 | 1,850,180,094 | 92.6 |
| 6 Month | 6,793,975 | 531,085,030 | 78.17 |
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. 174.96 Cr. and Equity Capital is Rs. 30.00 Cr. for the Year ended 31/03/2024. 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 | 61 |
| Sales | 174 |
| Shares in Float | 78.75 |
| No of funds | |
| Yield | 1.3 |
| Book Value | 0.8 |
| U/D Vol ratio | 0.4 |
| LTDebt / Equity | 20 |
| Alpha | -0.78 |
| Beta | 1.49 |
Akshar Spintex Shareholding Pattern
| Owner Name | Sep-24 | Jun-24 | Mar-24 |
|---|---|---|---|
| Promoters | 0.72% | 11.62% | 12.04% |
| Foreign Portfolio Investors | 0.01% | ||
| Individual Investors | 96.09% | 82.42% | 82.2% |
| Others | 5.96% | 5.75% |
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 | Ind. Non-Executive Director |
| Mr. Rohit Bhanjibhai Dobariya | Ind. Non-Executive Director |
| Mr. Parshotam Lakhabhai Vasoya | Ind. Non-Executive Director |
Akshar Spintex Forecast
Price Estimates
Akshar Spintex Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-11-14 | Quarterly Results | |
| 2024-08-17 | Rights issue of Equity Shares | |
| 2024-07-30 | Quarterly Results | |
| 2024-07-20 | Others | To consider Resignation of Company Secretary & Compliance officer. issue of equity shares of Re. 1/- in the ratio of 13:8 @ par. |
| 2024-05-20 | Audited Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-01-04 | INTERIM | Rs.0.01 per share(1%)Interim Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-02-15 | Bonus | Re.0.00 issue in the ratio of 1:5 of Re. 1/-. (RD & XB dates revised) |
| Date | Purpose | Remarks |
|---|---|---|
| 2023-07-31 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
Akshar Spintex FAQs
What is Share Price of Akshar Spintex ?
Akshar Spintex share price is ₹0 As on 11 November, 2024 | 01:01
What is the Market Cap of Akshar Spintex ?
The Market Cap of Akshar Spintex is ₹60.6 Cr As on 11 November, 2024 | 01:01
What is the P/E ratio of Akshar Spintex ?
The P/E ratio of Akshar Spintex is 19 As on 11 November, 2024 | 01:01
What is the PB ratio of Akshar Spintex ?
The PB ratio of Akshar Spintex is 1.4 As on 11 November, 2024 | 01:01
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