Axita Cotton Share Price
Start SIP in Axita Cotton
Start SIPAxita Cotton Performance
Day Range
- Low 22
- High 22
52 Week Range
- Low 19
- High 35
- Open Price22
- Previous Close22
- Volume7320783
Axita Cotton Investment Rating
-
Master Rating:
-
Axita Cotton has an operating revenue of Rs. 375.96 Cr. on a trailing 12-month basis. An annual revenue growth of 98% is outstanding, Pre-tax margin of 2% needs improvement, ROE of 31% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 18 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 90 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of E is the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 155 | 221 | 266 | 389 | 228 | 126 |
| Operating Expenses Qtr Cr | 149 | 214 | 263 | 382 | 221 | 121 |
| Operating Profit Qtr Cr | 6 | 7 | 3 | 7 | 7 | 5 |
| Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax Qtr Cr | 1 | 2 | 1 | 2 | 2 | 2 |
| Net Profit Qtr Cr | 4 | 5 | 3 | 7 | 6 | 6 |
Axita Cotton Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹22.84
- 50 Day
- ₹23.12
- 100 Day
- ₹23.07
- 200 Day
- ₹23.34
- 20 Day
- ₹23.19
- 50 Day
- ₹23.38
- 100 Day
- ₹22.62
- 200 Day
- ₹23.90
Axita Cotton Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 22.09 |
| Second Resistance | 22.44 |
| Third Resistance | 22.72 |
| RSI | 38.15 |
| MFI | 24.60 |
| MACD Single Line | -0.40 |
| MACD | -0.59 |
| Support | |
|---|---|
| First Support | 21.46 |
| Second Support | 21.18 |
| Third Supoort | 20.83 |
Axita Cotton Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 8,771,205 | 330,323,580 | 37.66 |
| Week | 8,526,907 | 365,122,141 | 42.82 |
| 1 Month | 10,698,296 | 403,860,688 | 37.75 |
| 6 Month | 4,412,176 | 159,941,379 | 36.25 |
Axita Cotton Result Highlights
Axita Cotton Synopsis
NSE-Apparel-Clothing Mfg
Axita Cotton is involved in the business activities of Cotton ginning, cleaning and bailing. Company’s Total Operating Revenue is Rs. 1102.01 Cr. and Equity Capital is Rs. 26.09 Cr. for the Year ended 31/03/2024. Axita Cotton Ltd. is a Public Limited Listed company incorporated on 16/07/2013 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L17200GJ2013PLC076059 and registration number is 076059.| Market Cap | 567 |
| Sales | 1,031 |
| Shares in Float | 9.65 |
| No of funds | 4 |
| Yield | 0.92 |
| Book Value | 8.8 |
| U/D Vol ratio | 1.1 |
| LTDebt / Equity | |
| Alpha | |
| Beta | 0.69 |
Axita Cotton Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 62.77% | 62.77% | 64.77% | 69.97% |
| Foreign Portfolio Investors | 0.52% | 0.47% | 0.46% | 5.32% |
| Individual Investors | 34.7% | 34.71% | 32.45% | 20.4% |
| Others | 2.01% | 2.05% | 2.32% | 4.31% |
Axita Cotton Management
| Name | Designation |
|---|---|
| Mr. Nitinbhai Govindbhai Patel | Chairman & Managing Director |
| Mr. Kushal Nitinbhai Patel | Managing Director |
| Mr. Utsav Himanshu Trivedi | Independent Director |
| Mr. Vinod Kanubhai Rana | Independent Director |
| Mr. Kunjal Jayantkumar Soni | Independent Director |
| Ms. Apeksha Sanjaykumar Vyas | Independent Director |
Axita Cotton Forecast
Price Estimates
Axita Cotton Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-09 | Quarterly Results & Bonus issue | |
| 2024-04-23 | Audited Results & Final Dividend | |
| 2024-01-19 | Quarterly Results | |
| 2023-12-28 | Others | |
| 2023-11-23 | Bonus issue |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-28 | FINAL | Rs.0.10 per share(10%)Final Dividend |
| 2023-11-17 | INTERIM | Rs.0.10 per share(10%)Interim Dividend (RD & XD has been revised) |
| 2022-09-20 | FINAL | Rs.0.50 per share(5%) Dividend |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-09-20 | Bonus | Re.0.00 issue in the ratio of 1:3 of Re. 1/-. |
| 2023-12-25 | Bonus | Re.0.00 issue in the ratio of 1:3 of Re. 1/-. |
| 2022-01-12 | Bonus | Rs.0.00 issue in the ratio of 1:2 of Rs. 10/-. |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-10-21 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
Axita Cotton FAQs
What is Share Price of Axita Cotton ?
Axita Cotton share price is ₹21 As on 18 September, 2024 | 02:30
What is the Market Cap of Axita Cotton ?
The Market Cap of Axita Cotton is ₹566.9 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Axita Cotton ?
The P/E ratio of Axita Cotton is 31.3 As on 18 September, 2024 | 02:30
What is the PB ratio of Axita Cotton ?
The PB ratio of Axita Cotton is 8.8 As on 18 September, 2024 | 02:30