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Akshar Spintex Ltd

AKSHAR
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹143 cr, stock is ranked 1,987
High RiskStock is 3.68x as volatile as Nifty
60.302.85 (+4.96%)

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹143 cr, stock is ranked 1,987
High RiskStock is 3.68x as volatile as Nifty

Key MetricsEdit

PE RatioPE Ratio
20.58
PB RatioPB Ratio
3.32
Dividend YieldDiv. Yield
Sector PESector PE
141.15
Sector PBSector PB
5.84
Sector Div YldSctr Div Yld
0.60%

Forecast & RatingsDetailed Forecast 

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

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Company Profile

Akshar Spintex Limited is an India-based company, which is principally engaged in the business of manufacturing and trading of spun cotton yarn. The Company’s products include fibers and yarns. Its fiber products include natural cotton (Sankar -6), natural cotton (MCU-5), natural cotton (MECH-1), organic certified cotton, viscose, modal, and excel. Its yarn products include carded cotton yarn (16's to 44's Ne), semi combed cotton yarn (16's to 44's Ne), combed cotton yarn (16's to 44's Ne), Slub Yarn, core spun yarn, two-for-one twisting (TFO) yarn, Eli twist yarn, fancy yarn, melange yarn, blended yarn, and organic yarn. The manufacturing facility of the Company is located at Kalavad, Jamnagar District of Gujarat.

Financial TrendFinancial statements 

2019202020212022104.93111.09110.88175.572.25-5.741.246.98
Revenue
Profit
Loss
All values in ₹ cr.
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Holdings TrendDetailed holdings 

Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Mutual Fund Holding
Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

See detailed holdings

Recent NewsAll news 

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Recent EventsAll events 

Related Party Transaction 
Announced OnNov 17, 2022

Akshar Spintex Limited has informed the Exchange about related party transaction for the period ended September 2022 | Download

Akshar Spintex Limited has informed the Exchange about related party transaction for the period ended September 2022 | Download

Newspaper Advertisements 
Announced OnNov 16, 2022

Akshar Spintex Limited has informed the Exchange about Newspaper Advertisements | Download

Akshar Spintex Limited has informed the Exchange about Newspaper Advertisements | Download

Outcome of Board Meeting 
Announced OnNov 14, 2022

Akshar Spintex Limited has informed the Exchange about Board Meeting held on 14-Nov-2022 to consider financial statements for the period ended September 2022 | Download

Akshar Spintex Limited has informed the Exchange about Board Meeting held on 14-Nov-2022 to consider financial statements for the period ended September 2022 | Download

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