AKSHAR Stock Overview
Engages in the spinning, manufacturing, and trading of spun cotton yarns primarily in India.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
Akshar Spintex Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹0.77 |
| 52 Week High | ₹6.58 |
| 52 Week Low | ₹0.69 |
| Beta | 0.84 |
| 11 Month Change | -49.67% |
| 3 Month Change | -64.19% |
| 1 Year Change | -85.10% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -87.79% |
Recent News & Updates
Recent updates
Not Many Are Piling Into Akshar Spintex Limited (NSE:AKSHAR) Stock Yet As It Plummets 32%
Aug 24
Positive Sentiment Still Eludes Akshar Spintex Limited (NSE:AKSHAR) Following 27% Share Price Slump
Mar 19Does Akshar Spintex (NSE:AKSHAR) Have A Healthy Balance Sheet?
Feb 09Why We're Not Concerned Yet About Akshar Spintex Limited's (NSE:AKSHAR) 29% Share Price Plunge
Dec 27After Leaping 29% Akshar Spintex Limited (NSE:AKSHAR) Shares Are Not Flying Under The Radar
Jul 03Shareholder Returns
| AKSHAR | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 0% | -0.09% | 0.8% |
| 1Y | -85.1% | 11.1% | 36.2% |
Return vs Industry: AKSHAR underperformed the Indian Luxury industry which returned 11.1% over the past year.
Return vs Market: AKSHAR underperformed the Indian Market which returned 36.2% over the past year.
Price Volatility
| AKSHAR volatility | |
|---|---|
| AKSHAR Average Weekly Movement | 11.3% |
| Luxury Industry Average Movement | 6.1% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.3% |
| 10% least volatile stocks in IN Market | 4.0% |
Stable Share Price: AKSHAR's share price has been volatile over the past 3 months compared to the Indian market.
Volatility Over Time: AKSHAR's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 190 | Amit Gadhiya | www.aksharspintex.in |
Akshar Spintex Limited engages in the spinning, manufacturing, and trading of spun cotton yarns primarily in India. It offers natural cotton, organic and BCI certified cotton, viscose, modal, and excel fibers; carded, semi combed, and combed cotton yarns; and slub, core spun, TFO, Eli twist, fancy, melange, blended, BCI certified, and organic yarns. The company was incorporated in 2013 and is based in Rajkot, India.
Akshar Spintex Limited Fundamentals Summary
| AKSHAR fundamental statistics | |
|---|---|
| Market cap | ₹629.97m |
| Earnings (TTM) | ₹31.87m |
| Revenue (TTM) | ₹1.74b |
19.5x
P/E Ratio0.4x
P/S RatioIs AKSHAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AKSHAR income statement (TTM) | |
|---|---|
| Revenue | ₹1.74b |
| Cost of Revenue | ₹1.46b |
| Gross Profit | ₹279.35m |
| Other Expenses | ₹247.49m |
| Earnings | ₹31.87m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.04 |
| Gross Margin | 16.10% |
| Net Profit Margin | 1.84% |
| Debt/Equity Ratio | 43.3% |
How did AKSHAR perform over the long term?
See historical performance and comparison