530043 ACKNIT

Acknit Industries Share Price

₹298.15 0.00 (0.00%)

29 Dec, 2024 10:06

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Performance

  • Low
  • ₹0
  • High
  • ₹0
  • 52 Week Low
  • ₹0
  • 52 Week High
  • ₹0
  • Open Price₹0
  • Previous Close₹0
  • Volume0

Investment Returns

  • Over 1 Month + 0.73%
  • Over 3 Month -7.13%
  • Over 6 Month -3.81%
  • Over 1 Year + 14.65%
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Acknit Industries Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

Acknit Industries Financials

Acknit Industries Technicals

EMA & SMA

Current Price
₹298.15
0 (0%)
pointer
  • stock-down_img
  • Bullish Moving Average 2
  • stock-up_img
  • Bearish Moving Average 14
  • 20 Day
  • ₹310.51
  • 50 Day
  • ₹308.10
  • 100 Day
  • ₹306.42
  • 200 Day
  • ₹295.29

Resistance and Support

302.73 Pivot Speed
  • R3 319.67
  • R2 315.08
  • R1 307.32
  • S1 294.97
  • S2 290.38
  • S3 282.62

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Acknit Industries has an operating revenue of Rs. 234.40 Cr. on a trailing 12-month basis. An annual revenue de-growth of -7% needs improvement, Pre-tax margin of 5% is okay, ROE of 10% is good. 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 close to 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 but failed to keep its momentum and is trading around -19% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 48 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 51 indicates it belongs to a fair industry group of Apparel-Clothing Mfg and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre earnings and technical strength, 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.

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Acknit Industries Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-12 Quarterly Results
2024-08-09 Quarterly Results
2024-05-22 Audited Results & Final Dividend
2024-02-12 Quarterly Results
2023-11-08 Quarterly Results

Acknit Industries F&O

Acknit Industries Shareholding Pattern

50.34%
0%
25.21%
24.45%

About Acknit Industries

  • NSE Symbol
  • ACKNIT
  • BSE Symbol
  • 530043
  • Managing Director
  • Mr. Shri Krishan Saraf
  • ISIN
  • INE326C01017

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Acknit Industries FAQs

Acknit Industries share price is ₹298 As on 29 December, 2024 | 09:52

The Market Cap of Acknit Industries is ₹90.6 Cr As on 29 December, 2024 | 09:52

The P/E ratio of Acknit Industries is 9.9 As on 29 December, 2024 | 09:52

The PB ratio of Acknit Industries is 1.2 As on 29 December, 2024 | 09:52

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