Akshar Spintex Ltd share price logo

Akshar Spintex Ltd (AKSHAR)

₹2.551.92%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Akshar Spintex Ltd share Performance

  • ₹2.5
    ₹2.65
    ₹2.55
    downward going graph

    1.96%

    Low

    Day's Volatility:5.88%

    High

    3.92%

    downward going graph
  • ₹2.15
    ₹7.08
    ₹2.55
    downward going graph

    15.69%

    Low

    52 Weeks Volatility:193.33%

    High

    177.65%

    downward going graph
1 Month Return+ 6.12 %
3 Month Return-33.33 %
1 Year Return-55.09 %
Previous Close₹2.60
Open₹2.65
Volume9.72L
Upper Circuit-
Lower Circuit-
Market Cap₹78.00Cr

Company Information

Akshar Spintex Limited was incorporated in 2013 as a private limited company and converted into a public limited company in 2017. The company is engaged in the production of 100 cotton-based yarn which includes combed, semi-combed, and carded yarn. Their manufacturing facility is situated in Kalavad, Rajkot, Gujarat spread across 183437 sq. ft. It is close to the cotton-growing region of Gujarat. The promoters of the company Ashok Bhalala, Amit Gadhiya, Harikrishna Chauhan, and Rekhaben Chauhan have extensive knowledge and experience in the cotton and textile industry. On April 12th, 2016 Abhishekbhai Tala transferred his 866,000 Equity Shares to Amit and Nayan Gadhiya, respectively. Whereas, Ashok Dudhagara, Bakulesh Jani, and Tarish Trivedi had transferred all their 5,000, 1,000, and 1,000 Shares to Rekhaben Chauhan on January 28, 2014.

Share Price: ₹2.55 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹78.00Cr as of today
Listing date: 23 May, 2022
Chairperson Name: Harikrishna Chauhan
OrganisationAkshar Spintex Ltd
HeadquartersRajkot
IndustryTextiles
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Key events for Akshar Spintex Ltd

  • Akshar Spintex Ltd Shares Drop 27% in Last 30 Days - 19 Mar, 2024

    The share price of Akshar Spintex Limited has dropped by 27% in the last thirty days, with shareholders who have held through the last twelve months now sitting on a 44% share price drop. The P/S ratio of 0.5x is moderate because investors think this respectable revenue growth might not be enough to outperform the broader industry in the near future.

  • Akshar Spintex Ltd's Key Financial Indicators Look Decent Despite Share Price Drop - 15 Mar, 2024

    Despite a 47% drop in share price over the past three months, Akshar Spintex Ltd's key financial indicators look decent. The company's ROE is being studied as an indicator of potential long-term growth.

Fundamentals of Akshar Spintex Ltd

Insights on Akshar Spintex Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, AKSHAR stock has moved up by 13.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 84.76% to 87.96% in Mar 2024 quarter

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.01% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 15.23% to 12.04% in Mar 2024 quarter

Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
12.04%
-20.96
Foreign Institutions
0.01%
0.00
Mutual Funds
0%
0.00
Retail Investors
87.96%
3.77
Others
0%
0.00

Technicals of Akshar Spintex Ltd share

News & Events of Akshar Spintex Ltd

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Akshar Spintex Ltd (AKSHAR) share price today is ₹2.55

Akshar Spintex Ltd is listed on NSE

Akshar Spintex Ltd is listed on BSE

  • Today’s highest price of Akshar Spintex Ltd is ₹2.65.
  • Today’s lowest price of Akshar Spintex Ltd is ₹2.5.

Today’s traded volume of Akshar Spintex Ltd(AKSHAR) is 9.72L.

Today’s market capitalisation of Akshar Spintex Ltd(AKSHAR) is ₹78Cr.

Akshar Spintex Ltd(AKSHARPrice
52 Week High
₹7.08
52 Week Low
₹2.15

Akshar Spintex Ltd(AKSHAR) share price is ₹2.55. It is down -63.98% from its 52 Week High price of ₹7.08

Akshar Spintex Ltd(AKSHAR) share price is ₹2.55. It is up 18.60% from its 52 Week Low price of ₹2.15

Akshar Spintex Ltd(AKSHARReturns
1 Day Returns
-0.05%
1 Month Returns
6.12%
3 Month Returns
-33.33%
1 Year Returns
-55.09%