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Karnika Industries Ltd

(KARNIKA)

₹263.61.16%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Technicals

Karnika Industries Ltd Performance

  • Day's Low

    Day's High

    ₹263.25
    ₹264.1
  • 52 Week's Low

    52 Week's High

    ₹75
    ₹340
1 Month Return+ 0.49 %
3 Month Return-14.4 %
1 Year Return+ 252.54 %
Previous Close₹266.70
Open₹264.10
Volume3,200.00
Upper Circuit-
Lower Circuit-
Market Cap₹330.69Cr

Karnika Industries Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹330.69 Cr
P/B Ratio0
EPS0
Dividend Yield0
SectorTextiles
ROE28.43

Karnika Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹330.69 Cr44.58%0.75NANA
NA₹25.14 Cr120%81.51NANA
NA₹775.52 Cr2.37%0.51NANA
NA₹150.14 Cr34.95%0.69NANA
NA₹2,360.38 Cr23.06%0.58₹184 Cr₹2,092 Cr

About Karnika Industries Ltd

Karnika Industries Ltd was originally formed as a Partnership Firm under the Partnership Act 1932 in the name and style of Karni International pursuant to Deed of Partnership dated July 21 2017. Karni International was thereafter converted from Partnership Firm into Public Limited Company with the name and style of Karnika Industries Limited through Certificate of Incorporation from the Registrar of Companies Kolkata dated April 13 2022.The Company is an ISO 14001:2015 certified manufacturer through job work trader and exporter of garments. The Company basicallymanufacture through job work all types of kids wear i.e. shorts joggers capri tees rompers sleep suits pyjamas winter wear infant wear etc. It has constructed wellestablished manufacturing units for designing preparation of sample quality inspection ironing and packing of Garments that is equipped with all necessary hitech machines and tools that are required for a modern manufacturing unit. Machinery equipped in their infrastructure is operated through experienced team of professionals. Apart from these it is manufacturing majority of products through job work capable of undertaking bulk requirements of clients and deliver within stipulated time schedule.Business Process includes use of yarn and fabrics during the manufacturing process. Besides they are also able to offer customers fabric alternatives for their existing collections thus create important added values in terms of pricing quality and delivery terms. Karnika is not just one of the leading manufacturers in kids clothing but we have been organizing successful fashion shows as well.The Company has been developing a marketing strategy for products. The proficiency lies in understanding the prevailing trends in all products which it market in addition to buying preferences of consumers and accordingly manufacture quality fabrics to assure them of product quality comfort and fit uniformity. Further the experience counts in identifying the gaps and getting into untapped market of garment segments with distinct products.The Company is proposing a Public Issue of upto 3300000 Equity Shares through Fresh Issue..

Share Price: ₹263.60 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹330.69Cr as of today
Listing date: 12 Oct, 2023
Chairperson Name: Niranjan Mundhra
OrganisationKarnika Industries Ltd
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Karnika Industries Ltd

  • Karnika Industries' Free Cash Flow Falls Short of Reported Profits - 03 Jun, 2024

    Karnika Industries has an accrual ratio of 0.25, indicating that its free cash flow fell significantly short of its reported profits for the year to March 2024. The company burnt through ₹102m in the last year, raising concerns among shareholders about high risk.

  • Karnika Industries Reports Lower EPS and Revenue for FY 2024 - 29 May, 2024

    Karnika Industries reported an EPS of ₹8.15, down from ₹10.02 in FY 2023, and revenue of ₹1.28b, down 2.6% YoY. However, net income increased by 19%, and profit margin improved to 7.9%. The stock is down 5.6% from a week ago.

Insights on Karnika Industries 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 1 year, KARNIKA stock has moved up by 252.5%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 26.61% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.39% of holdings in Mar 2024 quarter

Karnika Industries Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹30.57Cr (-)₹59.21Cr (↑93.69%)₹97.84Cr (↑65.24%)₹119.86Cr (↑22.51%)
Total Liabilities₹26.79Cr (-)₹40.60Cr (↑51.55%)₹79.91Cr (↑96.82%)₹66.75Cr (↓16.47%)
Value in ₹ crore
Details2021202220232024
Operating Cash Flow-₹5.60Cr (-)-₹15.31Cr (↑173.39%)-₹10.71Cr (↓30.05%)- (↓100.00%)
0

Karnika Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.39%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
26.61%
0.00
Others
0%
0.00

Karnika Industries Ltd Key Indicators

Details202220232024
Return On Equity %40.5545.6228.43

Karnika Industries Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Karnika Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Karnika Industries Ltd (KARNIKA) share price today is ₹263.6

Karnika Industries Ltd is listed on NSE

Karnika Industries Ltd is not listed on BSE

  • Today’s highest price of Karnika Industries Ltd is ₹264.1.
  • Today’s lowest price of Karnika Industries Ltd is ₹263.25.

Today’s traded volume of Karnika Industries Ltd(KARNIKA) is 3,200.00.

Today’s market capitalisation of Karnika Industries Ltd(KARNIKA) is ₹330.69Cr.

Karnika Industries Ltd(KARNIKAPrice
52 Week High
₹340
52 Week Low
₹75

Karnika Industries Ltd(KARNIKA) share price is ₹263.6. It is down -22.47% from its 52 Week High price of ₹340

Karnika Industries Ltd(KARNIKA) share price is ₹263.6. It is up 251.47% from its 52 Week Low price of ₹75

Karnika Industries Ltd(KARNIKAReturns
1 Day Returns
-3.1%
1 Month Returns
0.49%
3 Month Returns
-14.4%
1 Year Returns
252.54%