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Acknit Industries Ltd vs Gujarat Hy Spin Ltd Stock Comparison

Acknit Industries Ltd vs Gujarat Hy Spin Ltd Stock Comparison

Last Updated on: Jun 27, 2026

Key Highlights

  • The Latest Trading Price of Acknit Industries Ltd is ₹ 277.9 as of 27 May 15:30 . The P/E Ratio of Acknit Industries Ltd changed from 4.8 on March 2021 to 7.8 on March 2025 . This represents a CAGR of 10.20% over 5 yearsThe P/E Ratio of Gujarat Hy-Spin Ltd changed from 114.1 on March 2021 to 344.7 on March 2025 . This represents a CAGR of 24.75% over 5 years The Market Cap of Acknit Industries Ltd changed from ₹ 27.79 crore on March 2021 to ₹ 70.41 crore on March 2025 . This represents a CAGR of 20.43% over 5 yearsThe Market Cap of Gujarat Hy-Spin Ltd changed from ₹ 13.38 crore on March 2021 to ₹ 34.64 crore on March 2025 . This represents a CAGR of 20.96% over 5 years The revenue of Acknit Industries Ltd for the Mar '26 is ₹ 67.04 crore as compare to the Dec '25 revenue of ₹ 51.52 crore. This represent the growth of 30.12% The revenue of Gujarat Hy-Spin Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Acknit Industries Ltd for the Mar '26 is ₹ 6.53 crore as compare to the Dec '25 ebitda of ₹ 3.69 crore. This represent the growth of 76.96% The ebitda of Gujarat Hy-Spin Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% The net profit of Acknit Industries Ltd changed from ₹ 1.98 crore to ₹ 3.61 crore over 8 quarters. This represents a CAGR of 35.03% The net profit of Gujarat Hy-Spin Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0% The Dividend Payout of Acknit Industries Ltd changed from 7.79 % on March 2021 to 5.07 % on March 2025 . This represents a CAGR of -8.23% over 5 yearsThe Dividend Payout of Gujarat Hy-Spin Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

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 23 years of operations, the Company 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.
  • The name of the Company was changed to Acknit Industries Limited on November 16, 2007. 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.

About Gujarat Hy-Spin Ltd

  • Gujarat Hy-Spin Limited was incorporated as a Private Limited Company with the name 'Gujarat Hy-Spin Private Limited' on February 01, 2011.
  • Subsequently the Company was converted into a Public Limited Company and Company name was changed to 'Gujarat Hy-Spin Limited' on August 05, 2016.
  • Presently, the Company is engaged in the business of manufacturing and processing of yarn.
  • It provide special type of threads in the garment industry. Maganbhai Parvadiya and Chandulal Parvadia are Promoters of the Company and were allotted shares on February 1, 2011.
  • They have been in the field of cotton ginning and pressing since last two decades.

FAQs for the comparison of Acknit Industries Ltd and Gujarat Hy-Spin Ltd

Which company has a larger market capitalization, Acknit Industries Ltd or Gujarat Hy-Spin Ltd?

Market cap of Acknit Industries Ltd is 86 Cr while Market cap of Gujarat Hy-Spin Ltd is 16 Cr

What are the key factors driving the stock performance of Acknit Industries Ltd and Gujarat Hy-Spin Ltd?

The stock performance of Acknit Industries Ltd and Gujarat Hy-Spin Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Acknit Industries Ltd and Gujarat Hy-Spin Ltd?

As of June 27, 2026, the Acknit Industries Ltd stock price is INR ₹285.15. On the other hand, Gujarat Hy-Spin Ltd stock price is INR ₹9.85.

How do dividend payouts of Acknit Industries Ltd and Gujarat Hy-Spin Ltd compare?

To compare the dividend payouts of Acknit Industries Ltd and Gujarat Hy-Spin Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
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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