Acknit Industries Ltd

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

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
88.70% Gain from 52W Low
-9.8
TTM PE Ratio
Low in industry
10.2
Price to Book Ratio
Low in industry
1.1
Dividend yield 1yr %
Above industry Median
0.6
TTM PEG Ratio
PEG TTM is negative
-0.7
RSI
RSI is mid-range
55.5
MFI
MFI Overbought
71.1

Acknit Industries Ltd shareholding Pattern

Promoter
50.3%
Public
49.7%
Promoter
50.3%
Public
49.7%
Promoter
50.3%
Foreign Institutions
0.3%
Public
49.3%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Promoter
50.3%
Foreign Institutions
0.4%
Public
49.2%
Foreign Institutions
0.4%
Foreign Institutions
0.4%

Acknit Industries Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
13
Bearish Moving Averages
3
5Day EMA
260.80
10Day EMA
258.70
12Day EMA
257.70
20Day EMA
254.40
26Day EMA
253.20
50Day EMA
253.70
100Day EMA
254.90
200Day EMA
243.20
5Day SMA
260.80
10Day SMA
259.50
20Day SMA
253.70
30Day SMA
244.30
50Day SMA
250.80
100Day SMA
263.40
150Day SMA
259.90
200Day SMA
254.80
Delivery & Volume
Resistance & Support
262.45
Pivot
Resistance
First Resistance
266.90
Second Resistance
273.40
Third Resistance
277.85
Support
First Support
255.95
Second support
251.50
Third Support
245
Relative Strength Index
55.51
Money Flow Index
71.12
MACD
4.57
MACD Signal
3.46
Average True Range
13.42
Average Directional Index
19.28
Rate of Change (21)
11.33
Rate of Change (125)
-12.51
Peer comparison
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Market Cap
52W Low
52W High
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Acknit Industries Ltd.
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ASL Industries Ltd.
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Pentagon Rubber Ltd.
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Acknit Industries Ltd Company background

Founded in: 1990
Managing director: S Krishan Saraf
Acknit Industries Limited formerly known as Acknit Knitting Limited, incorporated in 1990, is an ISO 9001 2008 Public Limited Company, In a span of twenty of twenty three years of operations, the Company has been engaged in the manufacturing and exporting of seamless hand gloves. Acknit has diversified its product range into divisions, namely seamless gloves division, leather division and other leather products division and industrial garments division. Gloves Division produce all types of seamless gloves made of different yarn of cotton, poly/cotton, polyamide, kevlar, dyneema. Leather division produces all types of leather gloves, jacket, apron, leg guard made from split, chrome, heat resistance and water repellant leather. Industrial garment produces all types of industrial garments made from 100% cotton fabric, poly/cotton, polyester and fabrics. It operates in four segments: own manufactured cotton and synthetic gloves leather gloves other and traded items, and power generation segment.From a modest beginning Acknit has emerged as a leading producer and exporter of Seamless Gloves from India with an installed production capacity of over a million pairs a month with dotting, PUcoating and Nytrile Coating facilities for its Seamless range of Gloves. The Seamless Gloves Division is situated in Special Economic Zone (SEZ) manufacturing Seamless Gloves made of 100% Cotton, Poly / Cotton, Nylon, Kevlar, HPPE and other special cut resistant blended yarns etc., for cut lever 1 to 5., the Company is having 3 coating facilities which produces PU Coating, Nitrile Coating Layex Coated Gloves.The Industrial Garments Division is manufacturing various types of Industrial Garments made of Cotton, Poly / Cotton, high visibility fabric with 3m reflective tape, heat resistant, Nomex and TShirt of all types. All the units are of international standards with sophisticated machinery and state of the art facilities having adequate production capacity to meet the growing market demands. The products are manufactured as per CE norms and well approved by the overseas customers. Over 90% productions are exported to European countries regularly and it is a recognized export house by the Government of India. The Industrial Leather Products Division owns a full integrated setup backed up with its own tanning facilities for manufacturing Leather Gloves and special type of Leather Gloves of Kevlar / HPPE / Glass Yarns with leather stitch on the palm and at the back of the finger tips. of the fastest growing and leading exporters from India in a short span of time.
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