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Axita Cotton NSEI:AXITA Stock Report

Last Price

₹23.70

Market Cap

₹6.2b

7D

-3.1%

1Y

-40.4%

Updated

28 Feb, 2024

Data

Company Financials

AXITA Stock Overview

Axita Cotton Limited engages in the manufacturing, processing, finishing, and trading of cotton bales, cotton yarns, and cotton seeds in India.

AXITA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends1/6

Axita Cotton Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Axita Cotton
Historical stock prices
Current Share Price₹23.70
52 Week High₹62.25
52 Week Low₹18.56
Beta0.074
1 Month Change-10.57%
3 Month Change-1.40%
1 Year Change-40.43%
3 Year Changen/a
5 Year Changen/a
Change since IPO73.48%

Recent News & Updates

Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Feb 13
Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company

Dec 20
Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company

Recent updates

Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Feb 13
Axita Cotton Limited (NSE:AXITA) Stock's 26% Dive Might Signal An Opportunity But It Requires Some Scrutiny

Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company

Dec 20
Axita Cotton Limited (NSE:AXITA) Stock Rockets 27% But Many Are Still Ignoring The Company

Robust Earnings May Not Tell The Whole Story For Axita Cotton (NSE:AXITA)

May 06
Robust Earnings May Not Tell The Whole Story For Axita Cotton (NSE:AXITA)

Market Participants Recognise Axita Cotton Limited's (NSE:AXITA) Earnings Pushing Shares 40% Higher

Jul 22
Market Participants Recognise Axita Cotton Limited's (NSE:AXITA) Earnings Pushing Shares 40% Higher

Shareholder Returns

AXITAIN LuxuryIN Market
7D-3.1%-0.2%0.1%
1Y-40.4%38.2%49.1%

Return vs Industry: AXITA underperformed the Indian Luxury industry which returned 38.2% over the past year.

Return vs Market: AXITA underperformed the Indian Market which returned 49.1% over the past year.

Price Volatility

Is AXITA's price volatile compared to industry and market?
AXITA volatility
AXITA Average Weekly Movement9.8%
Luxury Industry Average Movement6.4%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.7%
10% least volatile stocks in IN Market3.8%

Stable Share Price: AXITA's share price has been volatile over the past 3 months.

Volatility Over Time: AXITA's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
201324Nitinkumarbhai Patelhttps://www.axitacotton.com

Axita Cotton Limited engages in the manufacturing, processing, finishing, and trading of cotton bales, cotton yarns, and cotton seeds in India. The company also engages in ginning and pressing of seed cotton on job work basis. It serves traders, manufacturers, and merchant exporters.

Axita Cotton Limited Fundamentals Summary

How do Axita Cotton's earnings and revenue compare to its market cap?
AXITA fundamental statistics
Market cap₹6.19b
Earnings (TTM)₹209.81m
Revenue (TTM)₹10.09b

29.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AXITA income statement (TTM)
Revenue₹10.09b
Cost of Revenue₹9.65b
Gross Profit₹436.78m
Other Expenses₹226.97m
Earnings₹209.81m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.80
Gross Margin4.33%
Net Profit Margin2.08%
Debt/Equity Ratio10.0%

How did AXITA perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

n/a

Payout Ratio
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