Acknit Industries Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High today
16.2
TTM PE Ratio
Low in industry
11.7
Price to Book Ratio
Low in industry
1.3
Dividend yield 1yr %
Below industry Median
0.5
TTM PEG Ratio
PEG TTM is negative
-2.2
RSI
RSI Overbought
77.2
MFI
MFI strongly Overbought
95.4

Acknit Industries Ltd shareholding Pattern

Promoter
50.3%
Public
49.7%
Promoter
50.3%
Public
49.7%
Promoter
50.3%
Foreign Institutions
0.3%
Public
49.3%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Foreign Institutions
0.4%
Foreign Institutions
0.4%

Acknit Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
292.20
10Day EMA
277.90
12Day EMA
275.00
20Day EMA
268.10
26Day EMA
265.00
50Day EMA
260.30
100Day EMA
258.10
200Day EMA
246.50
5Day SMA
282.90
10Day SMA
268.80
20Day SMA
264.90
30Day SMA
262.20
50Day SMA
249.40
100Day SMA
261.20
150Day SMA
264.80
200Day SMA
255.80
Delivery & Volume
Resistance & Support
337.10
Pivot
Resistance
First Resistance
360.10
Second Resistance
392.45
Third Resistance
415.45
Support
First Support
304.75
Second support
281.75
Third Support
249.40
Relative Strength Index
77.20
Money Flow Index
95.40
MACD
9.99
MACD Signal
4.28
Average True Range
19.19
Average Directional Index
28.23
Rate of Change (21)
27.53
Rate of Change (125)
17.07
Peer comparison
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Market Price
Market Cap
52W Low
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Shilp Gravures Ltd.
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Acknit Industries Ltd.
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Pentagon Rubber Ltd.
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Mangalam Alloys Ltd.
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Kalyani Cast-Tech Ltd.
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Acknit Industries Ltd Company background

Founded in: 1990
Managing director: S Krishan Saraf
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. It operates in four segments: own manufactured cotton and synthetic gloves leather gloves other and traded items, and power generation segment.From a modest beginning Acknit has emerged as a leading producer and exporter of Seamless Gloves from India with an installed production capacity of over a million pairs a month with dotting, PUcoating and Nytrile Coating facilities for its Seamless range of Gloves. The Seamless Gloves Division is situated in Special Economic Zone (SEZ) manufacturing Seamless Gloves made of 100% Cotton, Poly / Cotton, Nylon, Kevlar, HPPE and other special cut resistant blended yarns etc., for cut lever 1 to 5., the Company is having 3 coating facilities which produces PU Coating, Nitrile Coating Layex Coated Gloves.The Industrial Garments Division is manufacturing various types of Industrial Garments made of Cotton, Poly / Cotton, high visibility fabric with 3m reflective tape, heat resistant, Nomex and TShirt of all types. All the units are of international standards with sophisticated machinery and state of the art facilities having adequate production capacity to meet the growing market demands. The products are manufactured as per CE norms and well approved by the overseas customers. Over 90% productions are exported to European countries regularly and it is a recognized export house by the Government of India. The Industrial Leather Products Division owns a full integrated setup backed up with its own tanning facilities for manufacturing Leather Gloves and special type of Leather Gloves of Kevlar / HPPE / Glass Yarns with leather stitch on the palm and at the back of the finger tips. of the fastest growing and leading exporters from India in a short span of time.
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