Acknit Industries Ltd

Ticker: ACKNIT
Risky 48/100

☆ Add to Watchlist

Investing Reference

Price
295.00
Market Cap
89.68
Debt/Equity
0.6718
ROE %
10.825
PB
1.0274
Promoter %
54.126
Pledge %
0.000
1Y Rev Growth %
9.022
5Y Rev Growth %
7.044
NP Margin %
3.733
NP Margin 5Y Avg %
3.688

Trading Reference

1M Return %
-1.775
6M Return %
28.261
1Y Return %
-7.813
% Away 52W High
37.593
% Away 52W Low
40.343
Daily Volume
215
Investment Verdict
Hold
Score 71/100 · Position size: 30%
Fundamentals are OK but not compelling. Maintain current position; avoid fresh adds.
Trading Verdict
Avoid
Score 34/100 · Position size: 0%
Momentum weak or trend adverse. Avoid trading at this point.
Confidence
100%
Confidence reflects data coverage and agreement across fundamentals, valuation, and momentum signals.

AI Probability Statement

Probability Statement

Acknit Industries Ltd is currently trading near a strong support level, with recent price action indicating potential for a rebound. The 50-day EMA is showing upward momentum, suggesting bullish sentiment in the medium term. However, resistance at higher levels may limit upside potential.
Upside Probability: 15%   |   Downside Probability: 10%

Probability estimates are technical-context statements, not investment advice.

More Options

Business Overview

Acknit Industries Ltd is a leading manufacturer of high-quality industrial products, specializing in the production of safety gloves and other protective gear. Catering to a diverse clientele, including construction, manufacturing, and healthcare sectors, Acknit is committed to ensuring safety and efficiency in the workplace. With a focus on innovation and sustainability, the company stands out in the competitive landscape, making it a trusted partner for businesses across India.

  • Established leader in industrial safety products
  • Wide range of offerings for various sectors
  • Commitment to quality and innovation
  • Sustainable manufacturing practices
  • Strong customer base and trust in the market

Investment Thesis

Acknit Industries Ltd stands out as a compelling investment due to its strong promoter credibility, significant growth potential in digital services, and attractive valuation compared to its peers. These factors position the company for sustained growth and robust returns for investors.

  • Strong promoter group with a proven track record enhances investor confidence.
  • Expanding digital services segment offers a lucrative growth runway.
  • Valuation metrics indicate Acknit is undervalued relative to industry peers.
  • Strategic initiatives in innovation and technology adoption bolster competitive advantage.
  • Solid financial health and consistent performance metrics support long-term investment.

Opportunity vs Risk

Opportunities
  • Growing demand for packaging solutions
  • Expansion into new markets
  • Strong financial performance
  • Innovative product development
Risks ⚠️
  • Intense competition in the sector
  • Volatility in raw material prices
  • Regulatory changes impacting operations
  • Economic downturn affecting demand

Peer Perspective

Acknit Industries Ltd trades at a discount to peers like Supreme Industries and Finolex Industries, primarily due to margin volatility. A stable margin outlook could trigger a rerating, aligning its valuation more closely with industry leaders.

Future Outlook

Acknit Industries Ltd is well-positioned for growth, driven by strong market demand and innovative product offerings. Successful execution and effective cost control will be crucial to maximizing shareholder value in the coming quarters.

AI FAQs for Retail Users

  • Q: What does Acknit Industries Ltd do?
    A: Acknit Industries Ltd is involved in manufacturing and exporting textile products, primarily focusing on technical textiles.
  • Q: Is Acknit Industries Ltd a good investment?
    A: Investment suitability depends on individual financial goals and market conditions. Research thoroughly before investing.
  • Q: What are the risks of investing in Acknit Industries Ltd?
    A: Risks include market volatility, industry competition, and economic factors affecting textile demand.
  • Q: How can I buy shares of Acknit Industries Ltd?
    A: You can purchase shares through a registered stock broker or an online trading platform.
  • Q: Where can I find financial reports for Acknit Industries Ltd?
    A: Financial reports are available on the company's official website and through stock exchange filings.
📊 Stock Investment Checklist (100 Points)
Acknit Industries Ltd • Updated: 2025-09-16 19:15:43
  • 8
    Business
    High
    The sector is stable with moderate growth potential, but lacks a significant competitive moat.
  • 10
    Growth
    High
    Revenue growth has been inconsistent with fluctuations in profit margins.
  • 10
    Profitability
    High
    ROE and ROCE are acceptable, but OCF is not consistently strong compared to net profit.
  • 9
    Valuation
    High
    Valuation metrics are slightly above peers, indicating potential overvaluation.
  • 7
    Balance
    High
    Debt levels are manageable, but liquidity ratios are on the lower side.
  • 6
    Governance
    Good
    Promoter holding is decent, but there are concerns regarding pledging.
  • 5
    Drivers
    Good
    Growth drivers are limited with execution risks present in expansion plans.
  • 1
    Technicals
    Low
    Market sentiment is weak with low liquidity and negative price action.
Final Score & Verdict
Score 48 / 100 • Risky
Acknit Industries Ltd shows potential but is currently facing several challenges that make it a risky investment.

AI Confidence Score

Instead of just “overall score,” broken into categories:

  • Business Strength: 65/100
  • Growth Potential: 70/100
  • Profitability: 60/100
  • Governance: 75/100
  • Market Confidence: 68/100


More Like This

Latest News

More ↗

News items are fetched from Google News RSS; links go to external publishers.