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Company details

58.80
60.90
8.00
69.90
6M Return 66.85%
1Y Return 454.14%
Mkt Cap.(Cr) 152.24
Volume 30,000
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 30,000

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

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Sales

Operating Profit

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PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 36.26 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 30,916.98 -44,588.21
LAST 3M 83,461.15 -41,404.02
LAST 6M 143,250.83 -190,265.70
LAST 12M 204,102.65 -163,801.53
  • Announcement
  • Corporate action
  • No Data Found

Date Action Type Ratio
No data found

Information

  • About Company
  • Company Info
  • Listing Info
121.8
50.49%
14.5033
-2.07%
-15.12%
Description
  • 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.

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AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 3000
BSE Code : 541303
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : M
ISIN : INE256Z01017

ICICIdirect Akshar Spintex Ltd FAQ

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 May 13, 2022 04:01 PM the closing price of Akshar Spintex Ltd was ₹ 60.90.
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 May 13, 2022 04:01 PM, the market cap of Akshar Spintex Ltd stood at ₹ 152.24.
The latest PE ratio of Akshar Spintex Ltd as of May 13, 2022 04:01 PM is 121.8
The latest PB ratio of Akshar Spintex Ltd as of May 13, 2022 04:01 PM is 0.24
The 52-week high of Akshar Spintex Ltd is ₹ 69.90 while the 52-week low is ₹ 8.00 .

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