AKSHAR Stock Overview
Engages in the spinning, manufacturing, and trading of spun cotton yarns primarily in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Akshar Spintex Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹0.77 |
| 52 Week High | ₹4.83 |
| 52 Week Low | ₹0.67 |
| Beta | 0.89 |
| 1 Month Change | 8.45% |
| 3 Month Change | -52.47% |
| 1 Year Change | -83.65% |
| 3 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% | -2.9% | -4.3% |
| 1Y | -83.6% | 12.5% | 19.1% |
Return vs Industry: AKSHAR underperformed the Indian Luxury industry which returned 12.5% over the past year.
Return vs Market: AKSHAR underperformed the Indian Market which returned 19.1% over the past year.
Price Volatility
| AKSHAR volatility | |
|---|---|
| AKSHAR Average Weekly Movement | 6.8% |
| Luxury Industry Average Movement | 6.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: AKSHAR has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: AKSHAR's weekly volatility (7%) has been stable over the past year.
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 | ₹598.48m |
| Earnings (TTM) | ₹6.81m |
| Revenue (TTM) | ₹1.53b |
89.0x
P/E Ratio0.4x
P/S RatioIs AKSHAR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AKSHAR income statement (TTM) | |
|---|---|
| Revenue | ₹1.53b |
| Cost of Revenue | ₹1.29b |
| Gross Profit | ₹242.41m |
| Other Expenses | ₹235.59m |
| Earnings | ₹6.81m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.0087 |
| Gross Margin | 15.83% |
| Net Profit Margin | 0.44% |
| Debt/Equity Ratio | 41.6% |
How did AKSHAR perform over the long term?
See historical performance and comparisonDividends
1.3%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 15:45 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Akshar Spintex Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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