Wakefit Innovations Ltd (WAKEFIT) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 10039888, "name": "Wakefit Innovati", "stock_name": "Wakefit Innovati", "full_name": "Wakefit Innovations Ltd", "name_url": "stocks-analysis/wakefit-innovati", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "115.95", "chg": -5.55, "chgp": "-4.57%", "dir": -1, "prev_price": "121.50", "mcapval": "3,841.79 Cr", "mcap": "Small Cap", "scripcode": 544642, "symbol": "WAKEFIT", "ind_name": "Furniture, Home Furnishing", "ind_code": 14, "sector_id": 31, "indexname": "India SENSEX", "isin": "INE0E7301029", "curr_date": "Jun 03, 01:04 PM", "curr_time": "13:06 PM", "last_traded_at": "Jun 03, 01:04 PM IST", "bse_nse_vol": "21.59 lacs", "exc_status": "Active", "traded_date": "Jun 03, 2026", "traded_date_str": "2026 06 03", "score": "", "scoreText": "", "Live": 1, "market_time": 1, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/wakefit-innovati-10039888-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Five Consecutive Losses Push Wakefit Innovations Ltd to a New 52-Week Low", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-ltd-falls-to-52-week-low-amid-market-downturn-4033631", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/WakefitInnovati_priceRelatedfactors_4033631.png", "date": "2026-06-03 10:05:02", "description": "For the fifth consecutive session, Wakefit Innovations Ltd closed lower, slipping to an intraday low of Rs 116.25 on 3 Jun 2026, marking a fresh 52-week low. This decline comes despite the broader market showing signs of resilience, highlighting stock-specific pressures." }, { "title": "A 36.5% Year-to-Date Decline Pushes Wakefit Innovations Ltd to Its Weakest Level Ever", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-ltd-stock-hits-all-time-low-amidst-continued-downtrend-4033289", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/WakefitInnovati_priceRelatedfactors_4033289.png", "date": "2026-06-03 09:39:14", "description": "The stock of Wakefit Innovations Ltd has plunged to a fresh all-time low of Rs 117.20 on 3 Jun 2026, marking a steep 36.46% decline year-to-date. This drop significantly outpaces the broader Sensex's 13.35% fall over the same period, underscoring the stock's pronounced underperformance despite some positive financial signals." }, { "title": "Wakefit Innovations Ltd is Rated Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/wakefit-innovations-ltd-is-rated-sell-4030538", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/WakefitInnovati_mojoScore_4030538.png", "date": "2026-06-02 10:10:35", "description": "Wakefit Innovations Ltd is rated Sell by MarketsMOJO. This rating was last updated on 01 June 2026, reflecting a change from the previous 'Hold' rating. However, the analysis and financial metrics discussed below are based on the stock's current position as of 02 June 2026, providing investors with the latest insights into the company’s performance and outlook." }, { "title": "Wakefit Innovations Ltd Faces Technical Downshift Amid Weak Price Momentum", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-ltd-faces-technical-downshift-amid-weak-price-momentum-4030004", "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/WakefitInnovati_technicaldot_4030004.png", "date": "2026-06-02 08:12:08", "description": "Wakefit Innovations Ltd, a small-cap player in the Furniture and Home Furnishing sector, has experienced a notable shift in its technical momentum, transitioning from a sideways trend to a mildly bearish stance. This change is underscored by a combination of technical indicators including MACD, RSI, Bollinger Bands, and moving averages, signalling caution for investors amid a challenging market backdrop." }, { "title": "Wakefit Innovations Falls 8.23%: Key Financial and Valuation Shifts Shape the Week", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-falls-823-key-financial-and-valuation-shifts-shape-the-week-4022237", "imagepath": "", "date": "2026-05-30 09:01:00", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>25 May:</strong> Quality grade upgraded to average amid mixed fundamentals</p>\n <p><strong>25 May:</strong> Valuation parameters shift, signalling changing market sentiment</p>\n <p><strong>29 May:</strong> Stock closes at Rs.123.15, down 8.23% for the week</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.134.20</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.123.15</div><div class=\"stat-change negative\">-8.23%</div></div>\n <di..." }, { "title": "Wakefit Innovations Ltd Valuation Shifts Signal Changing Market Sentiment", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-ltd-valuation-shifts-signal-changing-market-sentiment-4009964", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/WakefitInnovati_valuationdot_4009964.png", "date": "2026-05-25 08:02:19", "description": "Wakefit Innovations Ltd, a small-cap player in the Furniture and Home Furnishing sector, has witnessed a notable shift in its valuation parameters, reflecting evolving market perceptions. Despite a recent sharp decline in share price, the company’s price-to-earnings (P/E) and price-to-book value (P/BV) ratios have moved from risky to a status of 'does not qualify', indicating a subtle improvement in price attractiveness relative to its historical and peer benchmarks." }, { "title": "Wakefit Innovations Ltd Quality Grade Upgrade: A Mixed Bag for Investors", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-ltd-quality-grade-upgrade-a-mixed-bag-for-investors-4009778", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/WakefitInnovati_qualitydot_4009778.png", "date": "2026-05-25 08:00:25", "description": "Wakefit Innovations Ltd, a small-cap player in the Furniture and Home Furnishing sector, has seen its quality grade upgraded from below average to average, reflecting a nuanced shift in its business fundamentals. Despite this improvement, the company continues to face significant challenges in profitability and capital efficiency, which investors should carefully consider amid a recent sharp share price decline." }, { "title": "Wakefit Innovations Falls 6.64%: Key Factors Behind the Weekly Decline", "link": "https://www.marketsmojo.com/news/stocks-in-action/wakefit-innovations-falls-664-key-factors-behind-the-weekly-decline-4007621", "imagepath": "", "date": "2026-05-23 09:01:14", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>May 18:</strong> Strong opening rally with a 5.57% gain to Rs.151.75</p>\n <p><strong>May 19:</strong> Sharp correction of 4.91% as volume dropped significantly</p>\n <p><strong>May 22:</strong> Intraday low hit at Rs.134.20 amid price pressure and weak Q4 results</p>\n <p><strong>May 22:</strong> Week closes at Rs.134.20, down 6.64% for the week</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.143.75</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div cl..." }, { "title": "Are Wakefit Innovations Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-wakefit-innovations-ltd-latest-results-good-or-bad-4007177", "imagepath": "", "date": "2026-05-22 19:32:26", "description": "Wakefit Innovations Ltd's latest financial results for Q4 FY26 present a complex picture. The company reported a net profit of ₹121.75 crore, which reflects a significant increase compared to the previous quarter. However, this figure is heavily influenced by an extraordinary tax credit that inflated the profit, suggesting underlying profitability challenges remain.\n\nIn terms of revenue, Wakefit's net sales fell to ₹343.60 crore, marking an 18.45% decline quarter-on-quarter and a 10.79% decrease year-on-year. This decline indicates a troubling trend of revenue contraction, as it represents the second consecutive quarter of sequential revenue decline, raising concerns about demand and competitive pressures in the furniture sector.\n\nOperating profit also saw a decline, falling to ₹36.48 crore, which is a 38.35% decrease from the previous quarter. The operating margin contracted to 10.62%, reflecting volatilit..." } ], "total": 13, "sid": "10039888", "stock_news_url": "https://www.marketsmojo.com/news/wakefit-innovations-10039888" }, "announcements": [ { "caption": "Announcement under Regulation 30 (LODR)-Earnings Call Transcript", "datetime": "28-May-2026", "details": "Transcript of the earnings conference call held on May 22 2026.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS", "datetime": "26-May-2026", "details": "The Board of Directors of the Company vide resolution passed on May 26 2026 has approved allotment of 1364949 Equity shares of Re.1 each to eligible employees/ ESOP holders.", "source": "BSE" }, { "caption": "Grant Of Employee Stock Options Under Wakefit Employee Stock Option Plan - 2019", "datetime": "23-May-2026", "details": "Grant of Employee Stock Options under Wakefit Employee Stock Option Plan - 2019", "source": "BSE" } ], "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": [] } ] }

Key Events This Week

May 18: Strong opening rally with a 5.57% gain to Rs.151.75

May 19: Sharp correction of 4.91% as volume dropped significantly

May 22: Intraday low hit at Rs.134.20 amid price pressure and weak Q4 results

May 22: Week closes at Rs.134.20, down 6.64% for the week

Week Open

Rs.143.75

Week Close

Read full news article

Are Wakefit Innovations Ltd latest results good or bad?

2026-05-22 19:32:26

Wakefit Innovations Ltd's latest financial results for Q4 FY26 present a complex picture. The company reported a net profit of ₹121.75 crore, which reflects a significant increase compared to the previous quarter. However, this figure is heavily influenced by an extraordinary tax credit that inflated the profit, suggesting underlying profitability challenges remain. In terms of revenue, Wakefit's net sales fell to ₹343.60 crore, marking an 18.45% decline quarter-on-quarter and a 10.79% decrease year-on-year. This decline indicates a troubling trend of revenue contraction, as it represents the second consecutive quarter of sequential revenue decline, raising concerns about demand and competitive pressures in the furniture sector. Operating profit also saw a decline, falling to ₹36.48 crore, which is a 38.35% decrease from the previous quarter. The operating margin contracted to 10.62%, reflecting volatilit...

Read full news article