Aastha Spintex

Which are the latest news on Aastha Spintex?

Why is Aastha Spintex Ltd falling/rising?

As of 05-Sep, Aastha Spintex Ltd's stock price is currently at 78.31, reflecting a decline of 2.2%. The stock shows significant volatility, underperformance in its sector, decreased investor participation, and a notable drop in profitability, contributing to its bearish trend.

As of 05-Sep, Aastha Spintex Ltd's stock price is falling, currently at 78.31, which reflects a decrease of 1.76 or 2.2%. This decline is supported by several factors highlighted in the source data. <BR><BR>Today, the stock opened with a gain of 2.15% but subsequently touched an intraday low of Rs 78, indicating significant volatility. The performance today shows that the stock underperformed its sector by 2.49%. Additionally, the weighted average price indicates that more volume was traded closer to the low price, suggesting a lack of buying interest at higher levels.<BR><BR>Investor participation has also decreased, with delivery volume falling by 40.7% compared to the 5-day average, which points to reduced confidence among investors. Furthermore, the stock's moving averages indicate that while it is higher than the 20-day moving average, it remains lower than the 5-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend.<BR><BR>Financially, the company has reported a significant drop in profitability, with profit before tax (PBT) and profit after tax (PAT) both falling by 61.3% compared to the previous four-quarter average. Additionally, net sales for the quarter are at their lowest, recorded at Rs 77.47 crore. Although the company has a high return on capital employed (ROCE) of 17.5%, the overall financial performance and declining sales are contributing to the stock's downward movement.

What does Aastha Spintex do?

Aastha Spintex Ltd manufactures and trades cotton yarns and bales in the Garments & Apparels industry. As of June 2026, it reported net sales of 77 Cr and a net profit of 3 Cr, with a market cap of INR 364 Cr.

Overview: <BR>Aastha Spintex Ltd is engaged in the manufacturing and trading of carded, combed, and compact combed cotton yarns, as well as cotton bales, operating within the Garments & Apparels industry and classified as a Micro Cap company.<BR><BR>History: <BR>Aastha Spintex Ltd was originally incorporated as Aastha Spintex Private Limited on August 12, 2013. The company later changed its name to Aastha Spintex Limited, effective February 12, 2025. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 77 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 3 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 364 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 14.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.69 <BR>Return on Equity: 19.52% <BR>Price to Book: 2.89 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the peers of the Aastha Spintex?

Aastha Spintex's peers include Nandan Denim, Manomay Tex Indi, Thomas Scott, Banswara Syntex, Suditi Industrie, Ginni Filaments, Super Sales Ind., and Forcas Studio. Notably, Manomay Tex Indi has the highest 1-year return at 29.02%, while Thomas Scott has the lowest at -21.35%.

Peers: The peers of Aastha Spintex are Nandan Denim, Manomay Tex Indi, Thomas Scott, Banswara Syntex, Suditi Industrie, Ginni Filaments, Super Sales Ind., and Forcas Studio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Forcas Studio, while Average management risk is found at Manomay Tex Indi, Thomas Scott, Banswara Syntex, and Super Sales Ind., and the rest have Below Average management risk. Growth is Excellent at Thomas Scott and Forcas Studio, Average at Manomay Tex Indi and Super Sales Ind., and Below Average at Nandan Denim, Banswara Syntex, Suditi Industrie, and Ginni Filaments. Capital Structure is Good at Thomas Scott, Average at Super Sales Ind., and Below Average at Nandan Denim, Manomay Tex Indi, Banswara Syntex, Suditi Industrie, and Ginni Filaments.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Manomay Tex Indi at 29.02%, while the lowest is Thomas Scott at -21.35%. Aastha Spintex's 1-year return is not available for comparison. Additionally, Suditi Industrie and Ginni Filaments have negative six-month returns.

How big is Aastha Spintex?

As of 31st August, Aastha Spintex Ltd has a market capitalization of 364.00 Cr, with recent net sales of 452.34 Cr and a net profit of 26.95 Cr. The company reported shareholder's funds of 160.39 Cr and total assets of 339.54 Cr as of March 2026.

As of 31st August, Aastha Spintex Ltd has a market capitalization of 364.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Aastha Spintex reported Net Sales of 452.34 Cr and a Net Profit of 26.95 Cr.<BR><BR>For the reporting period of March 2026, the company had Shareholder's Funds amounting to 160.39 Cr and Total Assets of 339.54 Cr.

Should I buy, sell or hold Aastha Spintex?

When is the next results date for Aastha Spintex?

Aastha Spintex will announce its results on 27 July 2026.

Aastha Spintex is scheduled to declare its results on 27 July 2026.