No Matches Found
No Matches Found
No Matches Found
Why is Acknit Indus. falling/rising?
As of 18-Nov, Acknit Industries Ltd's stock price is Rs 269.20, down 6.98%, and has declined 11.45% over the past week, underperforming the Sensex, which has risen by 0.96%. The stock is trading below all major moving averages and has seen a significant drop in investor participation.
How has been the historical performance of Acknit Indus.?
Acknit Indus has shown steady growth in net sales and profits, with net sales increasing from 161.89 Cr in Mar'20 to 240.37 Cr in Mar'25, despite a dip in Mar'23. Key metrics such as operating profit and profit after tax also improved significantly during this period, reflecting overall financial resilience.
Acknit Industries Q2 FY26: Margin Compression Shadows Revenue Growth
Acknit Industries Limited, a Kolkata-based manufacturer and exporter of seamless hand gloves and industrial garments, reported net profit of ₹1.41 crores for Q2 FY26, marking a sharp decline of 17.54% quarter-on-quarter and 32.21% year-on-year. Despite revenue growth of 20.90% QoQ to ₹66.80 crores, the company's profitability came under severe pressure from margin compression and rising operational costs.
How has been the historical performance of Acknit Indus.?
Acknit Indus has shown steady growth in net sales, reaching 240.37 crore in March 2025, with a profit after tax of 9.00 crore. Despite a slight dip in March 2023, the company has improved operational efficiency, reflected in positive cash flow from operating activities of 10.00 crore.
Why is Acknit Indus. falling/rising?
As of 24-Sep, Acknit Industries Ltd is priced at 290.35, down 0.51% and has seen a total decline of 3.22% over the last two days. Despite a recent intraday high, the stock has underperformed relative to the Sensex, with a year-to-date drop of 4.80% and a decline of 11.21% over the past year, reflecting volatility and investor challenges.
Why is Acknit Indus. falling/rising?
As of 23-Sep, Acknit Industries Ltd's stock price is Rs 290.00, down 3.33% today and underperforming its sector. Despite increased investor participation, the stock has declined 0.38% over the past week and 4.92% year-to-date, contrasting with a 5.07% rise in the Sensex.
Why is Acknit Indus. falling/rising?
As of 22-Sep, Acknit Industries Ltd's stock price is Rs 300.00, up 3.09%, but it faces concerns over erratic trading and a 93.07% drop in delivery volume. While it has outperformed its sector recently, its long-term performance shows a decline of 14.29% over the past year.
Why is Acknit Indus. falling/rising?
As of 19-Sep, Acknit Industries Ltd's stock price is at 291.00, down 1.36%, with significant declines in delivery volume and year-to-date returns. Despite strong long-term performance, recent trends indicate underperformance relative to the sector and broader market.
Why is Acknit Indus. falling/rising?
As of 18-Sep, Acknit Industries Ltd is currently priced at 295.00, reflecting a 1.34% increase today, despite a significant decline in investor participation and recent underperformance compared to the benchmark. The stock has shown volatility with a 15.73% decline over the past year, but has strong long-term growth.
Why is Acknit Indus. falling/rising?
As of 16-Sep, Acknit Industries Ltd's stock price is at 291.10, with a recent increase of 0.33%. Despite a slight uptick, the stock has underperformed its sector and the benchmark Sensex, showing declines year-to-date and over the past year, alongside a significant drop in investor participation.
Why is Acknit Indus. falling/rising?
As of 15-Sep, Acknit Industries Ltd is priced at 290.15, showing a slight increase but underperforming its sector. The stock has declined 2.31% over the past week and 4.87% year-to-date, with concerns over high debt and declining profits impacting investor sentiment.
Why is Acknit Indus. falling/rising?
As of 12-Sep, Acknit Industries Ltd's stock price is Rs 290.10, down 0.36%, and has declined 3.3% over the last three days. The stock is underperforming compared to the Sensex, with decreased investor participation and a year-to-date return of -4.89%.
Why is Acknit Indus. falling/rising?
As of 11-Sep, Acknit Industries Ltd's stock price is Rs 291.15, down 2.77%, and has underperformed its sector by 3.26%. Despite increased investor participation, the stock has declined 6.02% over the past week, contrasting with the broader market's positive performance.
Why is Acknit Indus. falling/rising?
As of 10-Sep, Acknit Industries Ltd is priced at 299.45, down 0.18%, and has underperformed its sector by 2.76%. The stock shows weak long-term fundamentals with a negative return of -5.73% over the past year and faces challenges with high debt levels and declining profits.
Acknit Industries Faces Financial Challenges Amid Shift in Technical Trends
Acknit Industries has recently experienced an evaluation adjustment reflecting changes in its technical trends, shifting from bullish to mildly bullish. The company reported flat financial performance for the quarter ending June 2025, with net sales of Rs 55.25 crore and a profit after tax of Rs 1.71 crore, indicating challenges in financial management.
How has been the historical performance of Acknit Indus.?
Acknit Indus has shown steady growth in net sales and profitability, with net sales reaching INR 240.37 crore in March 2025, and profit after tax increasing to INR 9.00 crore. The company also improved its cash flow from operating activities to INR 10.00 crore in March 2025, indicating a positive financial trend.
Why is Acknit Indus. falling/rising?
As of 09-Sep, Acknit Industries Ltd is priced at 300.00, with a recent increase of 1.01%. While it has outperformed the Sensex in the short term, its year-to-date performance is down by -1.64%, and concerns about declining profits and high debt levels may affect its long-term viability.
Why is Acknit Indus. falling/rising?
As of 08-Sep, Acknit Industries Ltd is priced at 297.00 with no change, underperforming its sector by 1.04%. The stock has seen a significant decline in investor participation and has decreased in value over the past month and year, while the broader market, represented by the Sensex, has shown positive returns.
Why is Acknit Indus. falling/rising?
As of 05-Sep, Acknit Industries Ltd's stock price is Rs 297.00, down 4.13%, reflecting a decline in investor confidence and significant underperformance compared to its sector and the broader market. Despite positive long-term returns, the stock has struggled recently, with a notable drop in trading volume and a year-to-date decline of 2.62%.
{{list.post_title}}
{{list.post_excerpt}}
{{list.post_title}}
{{list.post_excerpt}}
