{
  "main_header": {
    "sid": 1002666,
    "name": "Jet Knitwears",
    "stock_name": "Jet Knitwears",
    "full_name": "Jet Knitwears Ltd",
    "name_url": "stocks-analysis/jet-knitwears",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "89.20",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "89.20",
    "mcapval": "39.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "JETKNIT",
    "ind_name": "Garments & Apparels",
    "ind_code": 32,
    "indexname": "",
    "isin": "INE564T01017",
    "curr_date": "Dec 24",
    "curr_time": "",
    "bse_nse_vol": 750,
    "exc_status": "Active",
    "traded_date": "Dec 24, 2025",
    "traded_date_str": "2025 12 24",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/jet-knitwears-1002666-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
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  },
  "news": {
    "results": [
      {
        "title": "Why is Jet Knitwears falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-jet-knitwears-fallingrising-3752377",
        "imagepath": "",
        "date": "2025-12-09 01:00:17",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Persistent Downward Momentum Against Market Benchmarks</strong></p>\n<p>Jet Knitwears has been grappling with a sustained downtrend over multiple time horizons. In the past week, the stock has declined by 9.72%, sharply underperforming the Sensex, which fell by only 0.82% during the same period. The one-month performance further emphasises this weakness, with Jet Knitwears shedding 14.23% while the Sensex gained 1.84%. Year-to-date figures reveal a stark contrast as well, with the stock down 18.91% compared to the Sensex’s 9.79% rise. Over the last year, Jet Knitwears has lost 22.43%, whereas the benchmark index has appreciated by 5.20%. Even over a three-year span, the stock’s modest 4.29% decline contrasts sharply with the Sensex’s robust 39.50% gain.</p>\n<p>Despite the long-term underperfo..."
      },
      {
        "title": "How has been the historical performance of Jet Knitwears?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-jet-knitwears-3703587",
        "imagepath": "",
        "date": "2025-11-15 00:06:09",
        "description": "Answer:\nThe historical performance of Jet Knitwears shows a declining trend in net sales and profits over the past several years.\n\nBreakdown:\nJet Knitwears has experienced a consistent decline in net sales, dropping from 47.33 Cr in Mar'19 to 28.17 Cr in Mar'25. This decline is mirrored in total operating income, which decreased from 47.33 Cr in Mar'19 to 28.17 Cr in Mar'25. The raw material costs have also decreased, from 35.33 Cr in Mar'19 to 19.29 Cr in Mar'25, contributing to a reduction in total expenditure from 43.66 Cr in Mar'19 to 26.02 Cr in Mar'25. Operating profit (PBDIT) has followed a similar downward trajectory, falling from 3.68 Cr in Mar'19 to 2.15 Cr in Mar'25. Profit before tax and profit after tax have also seen declines, with profit before tax decreasing from 2.01 Cr in Mar'19 to 0.55 Cr in Mar'25, and profit after tax dropping from 1.45 Cr in Mar'19 to 0.35 Cr in Mar'25. The earnings pe..."
      },
      {
        "title": "Is Jet Knitwears overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-jet-knitwears-overvalued-or-undervalued-3678113",
        "imagepath": "",
        "date": "2025-11-07 08:12:42",
        "description": "As of 6 November 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios reveal a PE ratio of 130.96, an EV to EBITDA of 26.87, and a ROCE of just 4.92%, which are substantially higher than industry norms.\n\nIn comparison to peers, K P R Mill Ltd has a PE ratio of 43.81, while Trident stands at 32.8, both of which are significantly lower than Jet Knitwears. This stark contrast suggests that Jet Knitwears is priced at a premium without justifiable performance metrics. Additionally, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -5.45% compared to the Sensex's 7.89%, further reinforcing the notion that it is overvalued in the current market environment...."
      },
      {
        "title": "Is Jet Knitwears overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-jet-knitwears-overvalued-or-undervalued-3668754",
        "imagepath": "",
        "date": "2025-11-04 08:09:21",
        "description": "As of 3 November 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued based on its high PE ratio of 130.96, an EV to EBITDA of 26.87, and a ROE of only 1.53%. In comparison, peers such as K P R Mill Ltd, which has a PE ratio of 44.63, and Trident, with an EV to EBITDA of 16.05, indicate that Jet Knitwears is significantly more expensive relative to its earnings potential.\n\nFurthermore, Jet Knitwears has underperformed against the Sensex, with a year-to-date return of -5.45% compared to the Sensex's 8.96%. This underperformance, combined with its elevated valuation ratios, reinforces the conclusion that the company is overvalued in the current market environment...."
      },
      {
        "title": "Why is Jet Knitwears falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-jet-knitwears-fallingrising-3662881",
        "imagepath": "",
        "date": "2025-10-31 22:55:45",
        "description": "As of 31-Oct, Jet Knitwears Ltd is experiencing a decline in its stock price, currently at Rs. 104.00, which reflects a decrease of 5.0 points or 4.59%. The stock has hit a new 52-week low today and has underperformed its sector by 3.54%. Over the past eight weeks, the stock has consistently fallen, generating a total return of -4.59%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's year-to-date performance shows a decline of 5.45%, and it has also underperformed the benchmark Sensex, which has risen by 8.79% over the same period. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nBroader Market Context: In the short term, Jet Knitwears' performance has significantly lagged behind the Sensex, which has only decreased by 0.28% over the past week, while J..."
      },
      {
        "title": "Is Jet Knitwears overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-jet-knitwears-overvalued-or-undervalued-3620644",
        "imagepath": "",
        "date": "2025-10-15 08:07:15",
        "description": "As of 14 October 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 137.25, an EV to EBITDA ratio of 27.89, and an EV to EBIT ratio of 35.07. These figures indicate that the stock is priced significantly higher than its earnings and operational performance would suggest.\n\nIn comparison to its peers, Jet Knitwears stands out with a PE ratio that is substantially higher than K P R Mill Ltd's 42.08 and Trident's 32.54, both of which are also categorized as very expensive and fair, respectively. Additionally, Jet Knitwears has a PEG ratio of 0.00, indicating a lack of growth prospects, which further supports the notion of overvaluation. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -0.91% compared to the Sensex's 6.35%, reinforc..."
      },
      {
        "title": "Is Jet Knitwears overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-jet-knitwears-overvalued-or-undervalued-3588706",
        "imagepath": "",
        "date": "2025-10-03 08:09:07",
        "description": "As of 1 October 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued, with a PE ratio of 48.04, an EV to EBIT of 35.07, and an EV to EBITDA of 27.89. In comparison, peers such as K P R Mill Ltd, which has a PE ratio of 43.71, and Trident, with an EV to EBITDA of 15.75, highlight the relative overvaluation of Jet Knitwears.\n\nDespite its strong historical performance, with a remarkable 420.29% return over the past five years, recent trends show a decline, with a year-to-date return of -0.91%, contrasting with the Sensex's gain of 5.04% in the same period. This suggests that the market may be reassessing the company's growth prospects, further supporting the conclusion that Jet Knitwears is overvalued at its current price of 109.00...."
      },
      {
        "title": "Is Jet Knitwears overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-jet-knitwears-overvalued-or-undervalued-3587484",
        "imagepath": "",
        "date": "2025-10-02 08:09:47",
        "description": "As of 1 October 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued based on its high valuation ratios, including a PE ratio of 48.04, an EV to EBITDA of 27.89, and a Price to Book Value of 2.10. These figures suggest that the stock is priced significantly higher than its earnings and book value, indicating a premium that may not be justified.\n\nWhen compared to its peers, Jet Knitwears stands out with a higher PE ratio than K P R Mill Ltd, which has a PE of 43.71, and significantly exceeds the ratios of Trident and Vardhman Textile, which have PE ratios of 33.1 and 13.96, respectively. This disparity reinforces the conclusion that Jet Knitwears is overvalued in its sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -0.91% compared to the Sensex's 5.04%, fur..."
      }
    ],
    "total": 19,
    "sid": "1002666",
    "stock_news_url": "https://www.marketsmojo.com/news/jet-knitwears-1002666"
  },
  "announcements": [
    {
      "details": "Jet Knitwears Limited Limited for the quarter ended 30-Sep-2019 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.",
      "source": "NSE",
      "caption": "Jet Knitwears Limited - Clarification - Financial Results",
      "datetime": "18-Nov-2019"
    },
    {
      "details": "Jet Knitwears Limited has informed the Exchange regarding Board meeting held on November 14, 2019.",
      "source": "NSE",
      "caption": "Jet Knitwears Limited - Outcome of Board Meeting",
      "datetime": "15-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Jet Knitwears falling/rising?

2025-12-09 01:00:17

Persistent Downward Momentum Against Market Benchmarks

Jet Knitwears has been grappling with a sustained downtrend over multiple time horizons. In the past week, the stock has declined by 9.72%, sharply underperforming the Sensex, which fell by only 0.82% during the same period. The one-month performance further emphasises this weakness, with Jet Knitwears shedding 14.23% while the Sensex gained 1.84%. Year-to-date figures reveal a stark contrast as well, with the stock down 18.91% compared to the Sensex’s 9.79% rise. Over the last year, Jet Knitwears has lost 22.43%, whereas the benchmark index has appreciated by 5.20%. Even over a three-year span, the stock’s modest 4.29% decline contrasts sharply with the Sensex’s robust 39.50% gain.

Despite the long-term underperfo...

Read More

How has been the historical performance of Jet Knitwears?

2025-11-15 00:06:09

Answer: The historical performance of Jet Knitwears shows a declining trend in net sales and profits over the past several years. Breakdown: Jet Knitwears has experienced a consistent decline in net sales, dropping from 47.33 Cr in Mar'19 to 28.17 Cr in Mar'25. This decline is mirrored in total operating income, which decreased from 47.33 Cr in Mar'19 to 28.17 Cr in Mar'25. The raw material costs have also decreased, from 35.33 Cr in Mar'19 to 19.29 Cr in Mar'25, contributing to a reduction in total expenditure from 43.66 Cr in Mar'19 to 26.02 Cr in Mar'25. Operating profit (PBDIT) has followed a similar downward trajectory, falling from 3.68 Cr in Mar'19 to 2.15 Cr in Mar'25. Profit before tax and profit after tax have also seen declines, with profit before tax decreasing from 2.01 Cr in Mar'19 to 0.55 Cr in Mar'25, and profit after tax dropping from 1.45 Cr in Mar'19 to 0.35 Cr in Mar'25. The earnings pe...

Read More

Is Jet Knitwears overvalued or undervalued?

2025-11-07 08:12:42

As of 6 November 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently deemed overvalued. Key ratios reveal a PE ratio of 130.96, an EV to EBITDA of 26.87, and a ROCE of just 4.92%, which are substantially higher than industry norms. In comparison to peers, K P R Mill Ltd has a PE ratio of 43.81, while Trident stands at 32.8, both of which are significantly lower than Jet Knitwears. This stark contrast suggests that Jet Knitwears is priced at a premium without justifiable performance metrics. Additionally, the company's stock has underperformed relative to the Sensex, with a year-to-date return of -5.45% compared to the Sensex's 7.89%, further reinforcing the notion that it is overvalued in the current market environment....

Read More

Is Jet Knitwears overvalued or undervalued?

2025-11-04 08:09:21

As of 3 November 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued based on its high PE ratio of 130.96, an EV to EBITDA of 26.87, and a ROE of only 1.53%. In comparison, peers such as K P R Mill Ltd, which has a PE ratio of 44.63, and Trident, with an EV to EBITDA of 16.05, indicate that Jet Knitwears is significantly more expensive relative to its earnings potential. Furthermore, Jet Knitwears has underperformed against the Sensex, with a year-to-date return of -5.45% compared to the Sensex's 8.96%. This underperformance, combined with its elevated valuation ratios, reinforces the conclusion that the company is overvalued in the current market environment....

Read More

Why is Jet Knitwears falling/rising?

2025-10-31 22:55:45

As of 31-Oct, Jet Knitwears Ltd is experiencing a decline in its stock price, currently at Rs. 104.00, which reflects a decrease of 5.0 points or 4.59%. The stock has hit a new 52-week low today and has underperformed its sector by 3.54%. Over the past eight weeks, the stock has consistently fallen, generating a total return of -4.59%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's year-to-date performance shows a decline of 5.45%, and it has also underperformed the benchmark Sensex, which has risen by 8.79% over the same period. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement. Broader Market Context: In the short term, Jet Knitwears' performance has significantly lagged behind the Sensex, which has only decreased by 0.28% over the past week, while J...

Read More

Is Jet Knitwears overvalued or undervalued?

2025-10-15 08:07:15

As of 14 October 2025, the valuation grade for Jet Knitwears has moved from expensive to very expensive. The company is currently overvalued based on its high valuation ratios, including a PE ratio of 137.25, an EV to EBITDA ratio of 27.89, and an EV to EBIT ratio of 35.07. These figures indicate that the stock is priced significantly higher than its earnings and operational performance would suggest. In comparison to its peers, Jet Knitwears stands out with a PE ratio that is substantially higher than K P R Mill Ltd's 42.08 and Trident's 32.54, both of which are also categorized as very expensive and fair, respectively. Additionally, Jet Knitwears has a PEG ratio of 0.00, indicating a lack of growth prospects, which further supports the notion of overvaluation. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -0.91% compared to the Sensex's 6.35%, reinforc...

Read More

Is Jet Knitwears overvalued or undervalued?

2025-10-03 08:09:07

As of 1 October 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued, with a PE ratio of 48.04, an EV to EBIT of 35.07, and an EV to EBITDA of 27.89. In comparison, peers such as K P R Mill Ltd, which has a PE ratio of 43.71, and Trident, with an EV to EBITDA of 15.75, highlight the relative overvaluation of Jet Knitwears. Despite its strong historical performance, with a remarkable 420.29% return over the past five years, recent trends show a decline, with a year-to-date return of -0.91%, contrasting with the Sensex's gain of 5.04% in the same period. This suggests that the market may be reassessing the company's growth prospects, further supporting the conclusion that Jet Knitwears is overvalued at its current price of 109.00....

Read More

Is Jet Knitwears overvalued or undervalued?

2025-10-02 08:09:47

As of 1 October 2025, the valuation grade for Jet Knitwears has moved from very expensive to expensive. The company is currently considered overvalued based on its high valuation ratios, including a PE ratio of 48.04, an EV to EBITDA of 27.89, and a Price to Book Value of 2.10. These figures suggest that the stock is priced significantly higher than its earnings and book value, indicating a premium that may not be justified. When compared to its peers, Jet Knitwears stands out with a higher PE ratio than K P R Mill Ltd, which has a PE of 43.71, and significantly exceeds the ratios of Trident and Vardhman Textile, which have PE ratios of 33.1 and 13.96, respectively. This disparity reinforces the conclusion that Jet Knitwears is overvalued in its sector. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -0.91% compared to the Sensex's 5.04%, fur...

Read More

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