AksharChem (India) Ltd

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

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
32.74% Gain from 52W Low
14.2
TTM PE Ratio
Negative PE TTM
-13.2
Price to Book Ratio
Low in industry
1
Dividend yield 1yr %
Low in industry
0.2
TTM PEG Ratio
0
RSI
RSI Overbought
71.8
MFI
MFI Overbought
79.3

AksharChem (India) Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

AksharChem (India) Ltd shareholding Pattern

Promoter
62.7%
Foreign Institutions
0.4%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.8%
Promoter
62.7%
Foreign Institutions
0.7%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.6%
Promoter
62.7%
Foreign Institutions
0.7%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.6%
Promoter
62.7%
Foreign Institutions
0.7%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.6%
Promoter
62.7%
Foreign Institutions
0.7%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.6%
Promoter
62.7%
Foreign Institutions
0.7%
Mutual Funds
0.1%
Domestic Institutions
0.1%
Public
36.5%

AksharChem (India) Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
282.70
10Day EMA
274.70
12Day EMA
273.10
20Day EMA
270.00
26Day EMA
269.40
50Day EMA
270.60
100Day EMA
272.80
200Day EMA
272.00
5Day SMA
277.50
10Day SMA
271.70
20Day SMA
265.90
30Day SMA
266.30
50Day SMA
269.70
100Day SMA
277.80
150Day SMA
275.50
200Day SMA
275.70
Delivery & Volume
Resistance & Support
303.63
Pivot
Resistance
First Resistance
310.27
Second Resistance
313.58
Third Resistance
320.22
Support
First Support
300.32
Second support
293.68
Third Support
290.37
Relative Strength Index
71.80
Money Flow Index
79.30
MACD
3.68
MACD Signal
-0.47
Average True Range
11.62
Average Directional Index
15.11
Rate of Change (21)
10.10
Rate of Change (125)
12.68
Peer comparison
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52W Low
52W High
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AksharChem (India) Ltd Company background

Founded in: 1989
Managing director: Munjal M Jaykrishna
AksharChem (India) Ltd. (Formerly Known as Audichem (India) Ltd.) was promoted by Mrs. Paru M. Jaykrishna in 1989. The Company is headquartered in the chemical belt of Mehsana (Gujarat) with a total manufacturing capacity of 23,400 metric tonnes per annum (MTPA). Presently, the Company is in the field of inorganic chemicals (Precipitated Silica) for tyre and rubber manufacturers.The Company is one of the leading chemicals manufacturing company based in India with a focus on exports to over 20 countries. Our product offerings fall into two categories organic chemicals and inorganic chemicals, which further diversified into Vinyl Sulphone, H Acid, CPC Green in organic chemicals and Precipitated Silica in inorganic chemicals. Out of which organic chemicals have multiple applications in textile, inks, plastics and paints industries and inorganic chemicals have applications in tyre, rubber, agrochemical and animal feed industries.During the year 201415, the Court approved Scheme of Arrangement through demerger and transfer of CPC Green Division of Asahi Songwon Colors Limited to the Company and consequential restructure of the Share Capital of Asahi Songwon Colors Limited dated November 29, 2014, which became effective from December 2, 2014. Consequent upon the Scheme, all the assets and liabilities of CPC Green Division of Asahi Songwon Colors Limited were transferred to the Company on the Appointed date i.e. April 1, 2014. Pursuant to Scheme of Arrangement in the nature of demerger and transfer of CPC Green division from Asahi Songwon Colors Limited along with the Vinyl Sulphone (VS), new product namely CPC Green was introduced in the business of the Company in 201415.During the year 201516 the Company acquired one subsidiary namely M/s. Akshar Pigments Pvt. Ltd. by acquiring 99.90% stake therein and also subscribed 51% stake of M/s. Chhatral Environment Management System Private Limited, however subsequently sold the entire stake in M/s. Chhatral Environment System Pvt. Ltd. Hence, at the end of the financial year the Company had one subsidiary company namely M/s. Akshar Pigments Private Limited.During 201718, the Company announced the Capex plan of Rs 175 Crores is in Specialty Chemicals, Dyes Intermediates and Organic Pigments. The Share Capital of Company increased through Qualified Institutions Placement of 8,89,690 Equity Shares of Rs 10 each of the Company to Qualified Institutional Buyers, and accordingly, due to this the percentage of the holding of promoters of the Company changed and reduced to 62.70% from 70.33% in 201718.The Company commissioned Precipitated Silica plant at Dahej in 202021,
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AksharChem (India) Ltd FAQs

AksharChem (India) Ltd shares are currently priced at 306.95 on NSE and 306.25 on BSE as of 6/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of AksharChem (India) Ltd [AKSHARCHEM] share was 25.28. The AksharChem (India) Ltd [AKSHARCHEM] share hit a 1-year low of Rs. 231.25 and a 1-year high of Rs. 365.5.

The market cap of AksharChem (India) Ltd is Rs. 246.58 Cr. as of 6/20/2024 12:00:00 AM.

The PE ratios of AksharChem (India) Ltd is 0 as of 6/20/2024 12:00:00 AM.

The PB ratios of AksharChem (India) Ltd is 0.94 as of 6/20/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.06% at the end of 6/20/2024 12:00:00 AM.

You can easily buy AksharChem (India) Ltd shares in Kotak Securities by opening a demat account and getting the KYC documents verified online.

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