530043 ACKNIT

Acknit Industries Share Price

₹279.40 -4.55 (-1.6%)

24 Nov, 2024 02:23

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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 -8.92%
  • Over 3 Month -9.15%
  • Over 6 Month + 8.89%
  • Over 1 Year + 5.95%
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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
₹279.40
-4.55 (-1.6%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹297.11
  • 50 Day
  • ₹305.75
  • 100 Day
  • ₹305.21
  • 200 Day
  • ₹291.91

Resistance and Support

278.78 Pivot Speed
  • R3 289.57
  • R2 285.78
  • R1 282.57
  • S1 275.57
  • S2 271.78
  • S3 268.57

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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 key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 23% away from the crucial 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 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 77 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 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 ₹279 As on 24 November, 2024 | 02:09

The Market Cap of Acknit Industries is ₹84.9 Cr As on 24 November, 2024 | 02:09

The P/E ratio of Acknit Industries is 9.3 As on 24 November, 2024 | 02:09

The PB ratio of Acknit Industries is 1.1 As on 24 November, 2024 | 02:09

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Q2FY23