0.62
0.68
0.62
2.68
0.62
7.11
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Current Price
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Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Akshar Spintex Limited is a leading textile manufacturing & trading company having a market capitalization worth Rs. 26 crores as of 10th May 2021. The company was incorporated in the year 2013 as a private limited company and has reported an annual turnover of Rs. 109.09 crores by the end of March 2020. It has reported its half-yearly revenue of Rs. 40.79 lacs at the end of September'20. Akshar Spintex Limited can be found on the Bombay Stock Exchange (BSE) with the code 541303. The company claims to be the industry leader in India for producing high-quality cotton yarn, with 7500 MT of cotton yarn produced each year. It manufactures combed, semi-combed, and carded yarn. Akshar Spintex has its manufacturing facility at Kalavad of Rajkot District in Gujarat with a 183437 square feet area, which is among the richest cotton-growing areas of Gujarat. It uses modern german and Japanese technology in producing cotton yarns. There are 217 permanent employees on rolls of the company and average percentile increases already made in employees' salaries during the last financial year. The company's promoters include Ashok Bhalala, Amit Gadhiya, Rekhaben Chauhan, and Harikrishna Chauhan, having a sound cognizance of the manufacturing process, marketing, finance, and all kinds of other commercial activities and experience of the industry in which they operate. The textile industry is highly diversified, and under the conditions of uncertain price fluctuation, cut-throat competition, and strict restrictions imposed in the country due to the covid-19 company is turned into a loss-making unit together with a negative EPS of -2.29 as of March 2020. However, the company has maintained its competitive position in the industry and has emerged as a strong player. Akshar Spintex Limited reported its debt-to-equity ratio at 0.81 with zero promoter pledge as of March 2020. The company's revenue has grown at an unprecedented annual rate of 48% against the industry average of -3.14% over the last five years.
Akshar Spintex share price as on 18 Feb 2025 is Rs. 0.63. Over the past 6 months, the Akshar Spintex share price has decreased by 51.16% and in the last one year, it has decreased by 73.42%. The 52-week low for Akshar Spintex share price was Rs. 0.62 and 52-week high was Rs. 2.68.
541303
AKSHAR
INE256Z01025
Sep
You can buy Akshar Spintex Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Akshar Spintex Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 17, 2025 03:58 PM the closing price of Akshar Spintex Ltd was Rs.0.63.
The latest PE ratio of Akshar Spintex Ltd as of Feb 17, 2025 03:58 PM is 0.00
The latest PB ratio of Akshar Spintex Ltd as of Feb 17, 2025 03:58 PM is 1.85
The 52-week high of Akshar Spintex Ltd share price is Rs. 2.68 while the 52-week low is Rs. 0.62
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 17, 2025 03:58 PM, the market cap of Akshar Spintex Ltd stood at Rs. 49.61 Cr.
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