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Acknit Industries BSE:530043 Stock Report

Last Price

₹279.35

Market Cap

₹849.2m

7D

-4.0%

1Y

-1.4%

Updated

22 Nov, 2024

Data

Company Financials

Acknit Industries Limited

BSE:530043 Stock Report

Market Cap: ₹849.2m

Acknit Industries Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Acknit Industries
Historical stock prices
Current Share Price₹279.35
52 Week High₹369.45
52 Week Low₹210.00
Beta0.44
11 Month Change-10.15%
3 Month Change-11.35%
1 Year Change-1.38%
33 Year Change138.66%
5 Year Change393.55%
Change since IPO593.18%

Recent News & Updates

Recent updates

Shareholder Returns

530043IN LuxuryIN Market
7D-4.0%2.8%0.5%
1Y-1.4%8.1%27.5%

Return vs Industry: 530043 underperformed the Indian Luxury industry which returned 5.8% over the past year.

Return vs Market: 530043 underperformed the Indian Market which returned 25.5% over the past year.

Price Volatility

Is 530043's price volatile compared to industry and market?
530043 volatility
530043 Average Weekly Movement5.7%
Luxury Industry Average Movement6.1%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: 530043 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 530043's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990191Shri Sarafwww.acknitindia.com

Acknit Industries Limited manufactures, produces, and sells garments, gloves, and readymade garments in India. It operates through four segments: Industrial Hand Gloves, Garments, Power Generation, and Other & Traded Items. The company offers aramid, arm, cut and sewn coated, cut protection, cut resistant coated and leather, heat resistant, impact protection, knitted, latex foam, latex sandy, latex wrinkle, leather driver, leather palm, leather welder, nitrile coated, nitrile foam, nitrite sandy, nitrile touch screen, PU coated, and thermal cold protection hand gloves; ear muffs; and safety shoes.

Acknit Industries Limited Fundamentals Summary

How do Acknit Industries's earnings and revenue compare to its market cap?
530043 fundamental statistics
Market cap₹849.22m
Earnings (TTM)₹91.36m
Revenue (TTM)₹2.34b

9.3x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
530043 income statement (TTM)
Revenue₹2.34b
Cost of Revenue₹1.41b
Gross Profit₹930.48m
Other Expenses₹839.11m
Earnings₹91.36m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)30.05
Gross Margin39.70%
Net Profit Margin3.90%
Debt/Equity Ratio52.5%

How did 530043 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

5%

Payout Ratio