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Kanani Industries Ltd

Kanani Industries Ltd (KANANIIND)

₹3.7▲3.9%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Kanani Industries Ltd share Performance

₹3.65
₹4
₹3.7
1.35%
Low
Day's Volatility:9.46%
High
8.11%
₹3.4
₹7.55
₹3.7
8.11%
Low
52 Weeks Volatility:112.16%
High
104.05%

Returns %
1 Month Return	-6.1 %
3 Month Return	-28.7 %
1 Year Return	-13.48 %

Market Stats
Previous Close	₹₹3.85
Open	₹₹3.85
Volume	₹12.93L
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹76.18Cr

Company Information

Kanani Industries Limited (KIL) was initially established in 1983 as Shivlaxmi Mercantile Company Limited, later changed to IMP Finance Limited. It underwent a change in management and control in 2007, leading to its current name. KIL is a diamonds studded jewellery business with a sophisticated hyper-tech unit. Since 2010, the company has secured orders totaling US$ 4.33 million and Rs. 21.61 crore from the European Community Country and Hong Kong respectively. In 2012 and 2013, KIL bagged purchase orders of US$ 2.80 million and Rs. 15 crore from UB International Ltd, and issued bonus shares in a ratio of 1:10.

Share Price: ₹3.70 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹76.18Cr as of today
Revenue: ₹22.00Cr as on December 2023 (Q4 23)
Net Profit: ₹0.08Cr as on December 2023 (Q4 23)
Listing date: 14 Dec, 2011
Chairperson Name: Premjibhai D Kanani

Organisation	Kanani Industries Ltd
Headquarters	Mumbai
Industry	Diamond, Gems and Jewellery
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Key events for Kanani Industries Ltd

Kanani Industries Shares Retrace by 36% - 10 Mar, 2024
Kanani Industries shares have dropped by 36% in the last month, despite gaining 22% over the past year. The company's P/S ratio of 0.4x is middle-of-the-road compared to the luxury industry in India. However, revenues fell by 7.8% in the last year and 29% overall in three years.

Fundamentals of Kanani Industries Ltd

Insights on Kanani Industries Ltd

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

POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 38.65% to 42.79% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, KANANIIND stock has moved up by 11.6%
NO EFFECT
Against Peers
In the last 1 year, Safari Industries India Ltd has given 64.9% return, outperforming this stock by 78.4%
NO EFFECT
Against Peers
In the last 3 years, Safari Industries India Ltd has given 587.0% return, outperforming this stock by 506.2%
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 61.35% to 57.21% in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 82.1 Cr → 22.19 Cr (in ₹), with an average decrease of 43.1% per quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 0.34 Cr → -0.08 Cr (in ₹), with an average decrease of 123.5% per quarter