Akshar Spintex Ltd Shows Resilience Amidst Declining Investor Participation in Textile Sector
2025-04-03 10:01:37Akshar Spintex Ltd, a microcap player in the textile industry, has experienced significant trading activity today, hitting its upper circuit limit with a high price of Rs 0.54. The stock recorded a change of Rs 0.02, reflecting a percentage increase of 3.85%. This performance is notable as it outperformed its sector by 4.03%, showcasing a strong market position amidst broader market trends. Throughout the trading session, Akshar Spintex saw a total traded volume of approximately 2.9449 lakh shares, resulting in a turnover of Rs 0.0156 crore. The stock has shown consistent gains over the past three days, accumulating a total return of 12% during this period. In terms of moving averages, the stock is currently above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages. However, it is worth noting that investor participation has declined, with delivery volume d...
Read MoreAkshar Spintex Ltd Sees Notable Price Gains Amid Broader Market Decline
2025-04-03 09:35:49Akshar Spintex Ltd, a microcap player in the textile industry, is witnessing significant buying activity, with the stock rising by 3.70% today, contrasting sharply with the Sensex, which has declined by 0.58%. Over the past week, Akshar Spintex has gained 7.69%, while the Sensex has fallen by 1.85%. Notably, the stock has experienced consecutive gains over the last three days, accumulating a total return of 9.8% during this period. Despite its recent performance, Akshar Spintex has faced challenges over longer time frames, with a 66.76% decline over the past year and an 81.76% drop over three years. However, the stock's current momentum is noteworthy, particularly as it outperformed its sector by 3.71% today. In terms of price action, the stock opened with a gap up and reached an intraday high, indicating strong buyer interest. While the stock is currently trading above its 5-day moving average, it remain...
Read MoreAkshar Spintex Ltd Shows Resilience Amidst Declining Sector Performance
2025-04-02 10:01:33Akshar Spintex Ltd, a microcap player in the textile industry, has captured attention today as its stock hit the upper circuit limit, reaching a high price of Rs 0.52. The stock experienced a notable change of Rs 0.02, reflecting a percentage increase of 4.0%. This performance marks a significant outperformance against its sector, which saw a decline of 0.19% on the same day. In terms of trading activity, Akshar Spintex recorded a total traded volume of approximately 8.05 lakh shares, resulting in a turnover of Rs 0.041 crore. The stock has shown consistent gains over the past two days, accumulating an impressive 8% return during this period. While the stock is currently trading above its 5-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping by 80.6% com...
Read MoreAkshar Spintex Ltd Sees Increased Buying Activity Amid Ongoing Price Challenges
2025-04-02 09:40:13Akshar Spintex Ltd, a microcap player in the textile industry, is witnessing notable buying activity, with the stock rising by 3.85% today, significantly outperforming the Sensex, which gained only 0.47%. This marks the second consecutive day of gains for Akshar Spintex, accumulating a total return of 5.88% over this period. Despite this recent uptick, the stock has faced challenges over the longer term, with a 1-month decline of 8.47% and a staggering 66.36% drop over the past year, contrasting sharply with the Sensex's 3.36% increase during the same timeframe. Year-to-date, Akshar Spintex has also underperformed, down 28.00% compared to the Sensex's decline of just 2.24%. Today's trading session opened with a gap up, indicating strong initial buyer interest. However, the stock continues to trade below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a challenging market positi...
Read MoreAkshar Spintex Ltd Sees Buying Surge Amidst Recent Price Declines and New Low
2025-04-01 11:41:24Akshar Spintex Ltd, a microcap player in the textile industry, is witnessing significant buying activity today, marking a performance increase of 1.96%. This contrasts sharply with the Sensex, which has declined by 1.58%. Notably, this uptick comes after six consecutive days of price declines, indicating a potential trend reversal. Despite today's gains, Akshar Spintex has faced challenges over the past week, with a decrease of 7.14%, and a more pronounced drop of 11.86% over the past month. Year-to-date, the stock has fallen by 30.67%, while its one-year performance shows a staggering decline of 66.07%. In comparison, the Sensex has shown resilience, gaining 2.94% over the same period. Today's trading session opened with a gap up, and the stock reached a new 52-week low of Rs. 0.5. The buying pressure could be attributed to various factors, including potential market corrections or sector-specific develo...
Read MoreAkshar Spintex Ltd Shows Signs of Rebound Amid Increased Investor Activity
2025-04-01 11:00:54Akshar Spintex Ltd, a microcap player in the textile industry, has made headlines today as its stock hit the upper circuit limit, reaching a high price of Rs. 0.52. This marks a notable change of Rs. 0.02, translating to a 4.0% increase in value. The stock's performance today stands out, outperforming its sector, which recorded a decline of 1.34%. The trading session saw a total volume of approximately 5.11 lakh shares, with a turnover of Rs. 0.026 crore. The stock's low price for the day was Rs. 0.50, which also represents a new 52-week low. Despite this, the recent uptick indicates a potential trend reversal, as Akshar Spintex has gained after five consecutive days of decline. In terms of moving averages, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages. However, there has been a notable increase in investor participation, with delivery volumes rising by 47....
Read MoreAkshar Spintex Hits Upper Circuit Limit Amid Increased Trading Activity in Textile Sector
2025-03-28 11:00:31Akshar Spintex Ltd, a microcap player in the textile industry, has captured attention today by hitting its upper circuit limit. The stock reached a high price of Rs. 0.53, reflecting a notable performance amid a trading session characterized by significant activity. The last traded price was Rs. 0.51, with a total traded volume of approximately 5.84 lakh shares, resulting in a turnover of Rs. 0.0298 crore. Despite recent challenges, including a decline of 10.53% over the past four days, today's performance aligns with sector trends, as the stock's 1D return stood at 1.96%, outperforming the sector's return of 0.11% and the Sensex's return of 0.10%. The price band for Akshar Spintex is set at 5%, indicating a controlled trading range. While the stock has been trading below its moving averages across various time frames, the achievement of the upper circuit limit today highlights a moment of resilience. Ove...
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Akshar Spintex Faces Ongoing Challenges Amid Significant Stock Volatility and Decline
2025-03-28 10:01:00Akshar Spintex, a microcap textile company, has faced significant volatility, reaching a new 52-week low. The stock has underperformed its sector and experienced a five-day losing streak, with a notable decline over the past year. Financial challenges include operating losses and negative results for three consecutive quarters.
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Akshar Spintex Faces Significant Decline Amid Broader Market Volatility in Textiles
2025-03-28 10:00:58Akshar Spintex, a microcap textile company, has hit a new 52-week low, reflecting significant volatility and a 12.07% decline over the past week. The stock is trading below all major moving averages and has dropped 65.07% over the past year, contrasting with the overall market's performance.
Read MoreAnnouncement under Regulation 30 (LODR)-Resignation of Director
09-Apr-2025 | Source : BSEAnnouncement under regulation 30 LODR - Resignation Mr Keshavji Makhija
Announcement under Regulation 30 (LODR)-Resignation of Director
09-Apr-2025 | Source : BSEAnnouncement Under regulation updating on 02.04.2025 Mr Rohit Raval
Board Meeting Outcome for Outcome Board Meeting
09-Apr-2025 | Source : BSEOutcome of Board Meeting to take note on Resignation of Additional Directors
Corporate Actions
No Upcoming Board Meetings
Akshar Spintex Ltd has declared 1% dividend, ex-date: 04 Jan 24
Akshar Spintex Ltd has announced 1:10 stock split, ex-date: 31 Jul 23
Akshar Spintex Ltd has announced 1:5 bonus issue, ex-date: 15 Feb 24
Akshar Spintex Ltd has announced 13:8 rights issue, ex-date: 23 Aug 24