{
  "main_header": {
    "sid": 892031,
    "name": "Acknit Indus.",
    "stock_name": "Acknit Indus.",
    "full_name": "Acknit Industries Ltd",
    "name_url": "stocks-analysis/acknit-indus",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "224.00",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "224.00",
    "mcapval": "68.10 Cr",
    "mcap": "Micro Cap",
    "scripcode": 530043,
    "symbol": "",
    "ind_name": "Textile ",
    "ind_code": 32,
    "isin": "INE326C01017",
    "curr_date": "Apr 11, 12:53 PM",
    "curr_time": "00:04 AM",
    "bse_nse_vol": "72 ",
    "exc_status": "Active",
    "traded_date": "Apr 11, 2025",
    "traded_date_str": "2025 04 11",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://sandbox-www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/acknit-indus-892031-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Acknit Industries Adjusts Valuation Grade, Highlighting Competitive Edge in Textile Sector",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/acknit-industries-valuation-grade-upgraded-from-attractive-to-very-attractive-amid-price-fluctuations-1636840",
        "imagepath": "",
        "date": "2025-03-28 08:00:39",
        "description": "Acknit Industries, a microcap player in the textile industry, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company's price-to-earnings ratio stands at 7.39, while its price-to-book value is notably low at 0.80. Additionally, Acknit's enterprise value to EBITDA ratio is recorded at 6.10, indicating a competitive position in the market.\n\nThe company's return on capital employed (ROCE) is reported at 11.81%, and its return on equity (ROE) is 10.80%, showcasing solid profitability metrics. Furthermore, Acknit offers a dividend yield of 0.69%, which adds to its appeal among investors seeking income.\n\nIn comparison to its peers, Acknit Industries demonstrates a more attractive valuation profile. For instance, Sportking India and Faze Three are categorized as attractive, with higher price-to-earnings ratios of 10.18 and 26.78, respectively. Con..."
      },
      {
        "title": "Acknit Industries Reports Stable Financial Performance Amid Evaluation Shift in Textile Sector",
        "link": "https://www.marketsmojo.com/news/result-analysis/acknit-industries-reports-flat-financial-results-with-declining-score-in-december-2024-995422",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/2/AcknitIndustrie_quaterlyResult_423123.png",
        "date": "2025-02-12 21:34:15",
        "description": "Acknit Industries has announced its financial results for the quarter ending December 2024, revealing stable performance. The company's evaluation score has shifted recently, reflecting changes in both its internal dynamics and the broader textile sector, prompting stakeholders to monitor these developments closely."
      }
    ],
    "total": 24,
    "sid": "892031",
    "stock_news_url": "https://sandbox-www.marketsmojo.com/news/acknit-industries-892031"
  },
  "announcements": [
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "01-Apr-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Shri Krishan Saraf",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "31-Mar-2025",
      "details": "Closure of Trading Window",
      "source": "BSE"
    },
    {
      "caption": "Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011",
      "datetime": "28-Mar-2025",
      "details": "The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Shri Krishan Saraf",
      "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": "",
      "data": [
        {
          "txt": "Acknit Industries Ltd has declared <strong>15%</strong> dividend, ex-date: 11 Sep 24",
          "dt": "2024-09-11",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "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

Acknit Industries Adjusts Valuation Grade, Highlighting Competitive Edge in Textile Sector

2025-03-28 08:00:39

Acknit Industries, a microcap player in the textile industry, has recently undergone a valuation adjustment, reflecting a more favorable assessment of its financial metrics. The company's price-to-earnings ratio stands at 7.39, while its price-to-book value is notably low at 0.80. Additionally, Acknit's enterprise value to EBITDA ratio is recorded at 6.10, indicating a competitive position in the market. The company's return on capital employed (ROCE) is reported at 11.81%, and its return on equity (ROE) is 10.80%, showcasing solid profitability metrics. Furthermore, Acknit offers a dividend yield of 0.69%, which adds to its appeal among investors seeking income. In comparison to its peers, Acknit Industries demonstrates a more attractive valuation profile. For instance, Sportking India and Faze Three are categorized as attractive, with higher price-to-earnings ratios of 10.18 and 26.78, respectively. Con...

Read More

Acknit Industries Reports Stable Financial Performance Amid Evaluation Shift in Textile Sector

2025-02-12 21:34:15

Acknit Industries has announced its financial results for the quarter ending December 2024, revealing stable performance. The company's evaluation score has shifted recently, reflecting changes in both its internal dynamics and the broader textile sector, prompting stakeholders to monitor these developments closely.

Read More

View All News