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Acknit Industries Ltd PE Ratio

Acknit Industries Ltd PE Ratio

stocks purchased

₹ 0.0 Cr

Volume Transacted

(Nov 21, 2024)

stocks purchased

0.8 K

Stocks Traded

(Nov 21, 2024)

Last Updated on: Nov 22, 2024

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Acknit Industries Ltd

NSE: ACKNITINDUS

PE

9.4

Last updated on: Nov 22, 2024

Key Highlights

  • The P/E Ratio of Acknit Industries Ltd is 9.4 as of 22 Nov 09:25 AM .
  • The P/E Ratio of Acknit Industries Ltd changed from 5.9 on March 2019 to 7.9 on March 2024 . This represents a CAGR of 4.99% over 6 years.
  • The Latest Trading Price of Acknit Industries Ltd is ₹ 283.95 as of 21 Nov 15:30 .
  • The PE Ratio of Textiles Industry has changed from -259.4 to 21.6 in 5 years. This represents a CAGR of NaN%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Acknit Industries Ltd

No data available

Company Fundamentals for Acknit Industries Ltd

No data available

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Acknit Industries Ltd

NSE: ACKNITINDUS

Share Price

₹ 283.95

-5.95 (-2.05%)

stock direction

Last updated on: Nov 21, 2024

Market Price of Acknit Industries Ltd

1M

1Y

3Y

5Y

Monitoring Acknit Industries Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
21 Nov 2024283.95
19 Nov 2024289.9
18 Nov 2024290.05
14 Nov 2024291.05
13 Nov 2024296.25
12 Nov 2024293
11 Nov 2024292.4
07 Nov 2024303
06 Nov 2024307.5
05 Nov 2024316.95

SWOT Analysis Of Acknit Industries Ltd

Strength

1

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Acknit Industries Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Acknit Industries Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/E Ratio

Company NamePEMarket Cap (INR Cr.)
Acknit Industries Ltd986
Grasim Industries Ltd341,70,457
Trident Ltd4915,925
Welspun Living Ltd2014,339
Vardhman Textiles Ltd1512,673
Raymond Lifestyle Ltd2411,887

Key Valuation Metric of Acknit Industries Ltd

No data available

No data available

PE Ratio of Textiles Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Acknit Industries Ltd

No data available

* All values are in crore

Historical Revenue of Acknit Industries Ltd

No data available

* All values are in crore

Historical EBITDA of Acknit Industries Ltd

No data available

* All values are in crore

Historical Net Profit of Acknit Industries Ltd

No data available

* All values are in crore

Historical Dividend Payout of Acknit Industries Ltd

No data available

* All values are in %

About Acknit Industries Ltd

  • Acknit Industries Limited formerly known as Acknit Knitting Limited, incorporated in 1990, is an ISO 9001 - 2008 Public Limited Company, In a span of twenty of twenty three years of operations, the Company has been engaged in the manufacturing and exporting of seamless hand gloves.
  • Acknit has diversified its product range into divisions, namely seamless gloves division, leather division and other leather products division and industrial garments division. Gloves Division produce all types of seamless gloves made of different yarn of cotton, poly/cotton, polyamide, kevlar, dyneema.
  • Leather division produces all types of leather gloves, jacket, apron, leg guard made from split, chrome, heat resistance and water repellant leather.
  • Industrial garment produces all types of industrial garments made from 100% cotton fabric, poly/cotton, polyester and fabrics.

Acknit Industries Ltd News Hub

News

Acknit Industries to conduct AGM

Acknit Industries announced that the 34th Annual General Meeting (AGM) of the company will...

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2024-08-21 00:00:00

News

Acknit Industries standalone net profit rises 26.92% in the June 2024 quarter

Net profit of Acknit Industries rose 26.92% to Rs 1.98 crore in the quarter ended June 202...

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2024-08-10 00:00:00

News

Acknit Industries to announce Quarterly Result

Acknit Industries will hold a meeting of the Board of Directors of the Company on 9 August...

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2024-08-03 00:00:00

News

Acknit Industries to convene board meeting

Acknit Industries will hold a meeting of the Board of Directors of the Company on 12 Novem...

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2024-11-05 00:00:00

News

Acknit Industries standalone net profit rises 8.33% in the September 2024 quarter

Net profit of Acknit Industries rose 8.33% to Rs 2.08 crore in the quarter ended September...

Read more

2024-11-13 00:00:00

Product Composition

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Annual Reports

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Credit Ratings

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Concalls

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FAQs for PE of Acknit Industries Ltd

What is the current PE Ratio of Acknit Industries Ltd?

The Current PE Ratio of Acknit Industries Ltd is 9.45 as on 22 Nov 2024.

What is the average PE Ratio of the Textiles industry?

The average industry PE Ratio of Textiles is 37.6 as on 22 Nov 2024.

What was the PE Ratio of Acknit Industries Ltd last year?

The PE Ratio of Acknit Industries Ltd was 4.69 last year, now the PE ratio is 9.45, showing a year-on-year growth of 101.5%.

What does the PE Ratio of Acknit Industries Ltd indicate about its stock?

The PE Ratio of Acknit Industries Ltd is 9.45. This ratio indicates that investors are willing to pay 9.45 times the earnings per share for each share of Acknit Industries Ltd.

What is the PE Ratio Growth of Acknit Industries Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Acknit Industries Ltd grew by 101.5% whereas, the EPS ratio grew by 4.6.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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