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Akshar Spintex Ltd vs True Green Bio Energy Ltd Stock Comparison

Akshar Spintex Ltd vs True Green Bio Energy Ltd Stock Comparison

Last Updated on: May 09, 2025

Key Highlights

  • The Latest Trading Price of Akshar Spintex Ltd is ₹ 0.56 as of 08 May 15:30.
  • The P/E Ratio of Akshar Spintex Ltd changed from 18.6 on March 2021 to 18.4 on March 2024 . This represents a CAGR of -0.27% over 4 yearsThe P/E Ratio of True Green Bio Energy Ltd changed from 8.1 on March 2021 to 103.3 on March 2024 . This represents a CAGR of 88.97% over 4 years.
  • The Market Cap of Akshar Spintex Ltd changed from ₹ 16.75 crore on March 2020 to ₹ 66.3 crore on March 2024 . This represents a CAGR of 31.67% over 5 yearsThe Market Cap of True Green Bio Energy Ltd changed from ₹ 10.84 crore on March 2020 to ₹ 84.01 crore on March 2024 . This represents a CAGR of 50.61% over 5 years.
  • The revenue of Akshar Spintex Ltd for the Dec '24 is ₹ 26.36 crore as compare to the Sep '24 revenue of ₹ 23.59 crore. This represent the growth of 11.74% The revenue of True Green Bio Energy Ltd for the Dec '24 is ₹ 2.44 crore as compare to the Sep '24 revenue of ₹ 16.16 crore. This represent the decline of -84.9%.
  • The ebitda of Akshar Spintex Ltd for the Dec '24 is ₹ -1.86 crore as compare to the Sep '24 ebitda of ₹ -0.9 crore. This represent the growth of 106.67% The ebitda of True Green Bio Energy Ltd for the Dec '24 is ₹ 0.79 crore as compare to the Sep '24 ebitda of ₹ 1.2 crore. This represent the decline of -34.17%.
  • The net profit of Akshar Spintex Ltd changed from ₹ 0.9 crore to ₹ -2.33 crore over 7 quarters. This represents a CAGR of NaN% The net profit of True Green Bio Energy Ltd changed from ₹ -1.71 crore to ₹ -0.29 crore over 7 quarters. This represents a CAGR of -63.72% .
  • The Dividend Payout of Akshar Spintex Ltd changed from 8.67 % on March 2024 to 8.67 % on March 2024 . This represents a CAGR of 0.00% over 1 yearsThe Dividend Payout of True Green Bio Energy Ltd changed from 0 % on March 2020 to 0 % on March 2024 . This represents a CAGR of 0.0% over 5 years.

Share Price

* All values are in Rupees

P/E Ratio Over Time

No data available

Market Cap Over Time

No data available

* All values are in crore

Historical Share Prices

* All values are in Rupees

Revenue Over Time

No data available

* All values are in crore

EBITDA Over Time

No data available

* All values are in crore

Net Profit Over Time

No data available

* All values are in crore

Dividend Payout Over Time

No data available

* All values are in %

About Akshar Spintex Ltd

  • Akshar Spintex Limited originally incorporated as a Private Limited Company in the name of 'Akshar Spintex Private Limited' at Jamnagar, Gujarat on June 19,2013 was subsequently converted into a Public Limited Company and the name of the Company was changed to 'Akshar Spintex Limited' on January 5, 2018. The Company is engaged in manufacturing of cotton yarn.
  • The Company manufactures 100% cotton yarn which include combed, semi combed and carded yarn.
  • The manufacturing facility is situated at Kalavad in Rajkot District of Gujarat which is in the vicinity of the rich cotton growing areas of Gujarat.
  • The Company has installed a capacity of total 24,480 spindle with annual production 7500 MT in cotton yarn, which earlier was set to 6000 MT. The Company raised money from public through Initial Public Offer by issuing 67,47,000 Equity Shares aggregating to Rs 26.

About True Green Bio Energy Ltd

  • CIL Nova Petrochemicals Limited was originally incorporated on December 17, 2003 with the name Nova Polyyarn Ltd. Resulting to the Scheme of Arrangement, the name of the Company was changed from Nova Polyyarn Limited to CIL Nova Petrochemicals Limited.
  • The Company is into manufacturing of Polyester Oriented Yarn and Fully Drawn Yarn. As per the Scheme of Arrangement amongst Nova Petrochemicals Ltd (now known as GSL Nova Petrochemicals Ltd) and Nova Polyyarn Ltd (now known as CIL Nova Petrochemicals Ltd) and their respective share holders and creditors, the Nova II Business, consisting of 72,202.83 sq mtrs land and construction, structures thereon, Plant and Machinery comprised of 7.5MW Turbine power generation plant, 4 lines of Partially Oriented Yarn and 4 lines of Fully Drawn Yarn, 4 numbers texturising machines and 14 number draw twisting machines, along with other fixed assets, stores, tools, spares etc.

Akshar Spintex Ltd News Hub

News

Akshar Spintex announces board meeting date

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 10 May 2025...

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03 May 2025 20:02

News

Akshar Spintex to hold board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 9 April 202...

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05 Apr 2025 19:11

News

Akshar Spintex to conduct board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 7 March 202...

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01 Mar 2025 10:16

News

Akshar Spintex schedules board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 14 February...

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08 Feb 2025 16:04

News

Akshar Spintex to hold board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 27 January ...

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22 Jan 2025 11:37

News

Akshar Spintex to convene board meeting

Akshar Spintex will hold a meeting of the Board of Directors of the Company on 27 December...

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23 Dec 2024 10:14

True Green Bio Energy Ltd News Hub

News

CIL Nova Petrochemicals to convene board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 13...

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05 Feb 2025 10:24

News

CIL Nova Petrochemicals to table results

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 26...

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19 Oct 2024 10:14

News

CIL Nova Petrochemicals to hold board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 15...

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17 Oct 2024 10:27

News

CIL Nova Petrochemicals AGM scheduled

CIL Nova Petrochemicals announced that the 20th Annual General Meeting (AGM) of the compan...

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18 Sep 2024 10:59

News

CIL Nova Petrochemicals to convene board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 4 ...

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31 Aug 2024 10:42

News

CIL Nova Petrochemicals to hold board meeting

CIL Nova Petrochemicals will hold a meeting of the Board of Directors of the Company on 14...

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08 Aug 2024 10:59

SWOT Analysis Of Akshar Spintex Ltd

Strength

1

S

Weakness

0

W

Opportunity

0

O

Threats

0

T

BlinkX Score for True Green Bio Energy Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

BlinkX Score for Akshar Spintex Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

FAQs for the comparison of Akshar Spintex Ltd and True Green Bio Energy Ltd

Which company has a larger market capitalization, Akshar Spintex Ltd or True Green Bio Energy Ltd?

Market cap of Akshar Spintex Ltd is 44 Cr while Market cap of True Green Bio Energy Ltd is 236 Cr

What are the key factors driving the stock performance of Akshar Spintex Ltd and True Green Bio Energy Ltd?

The stock performance of Akshar Spintex Ltd and True Green Bio Energy 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 Akshar Spintex Ltd and True Green Bio Energy Ltd?

As of May 9, 2025, the Akshar Spintex Ltd stock price is INR ₹0.56. On the other hand, True Green Bio Energy Ltd stock price is INR ₹79.16.

How do dividend payouts of Akshar Spintex Ltd and True Green Bio Energy Ltd compare?

To compare the dividend payouts of Akshar Spintex Ltd and True Green Bio Energy 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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