NIFTY 23907.25 BANK 51135.40

Akshar Spintex Limited
Share Price Target & Analysis

NSE:AKSHAR

0.71

VWAP

0

Open

0.7

Close

0.71

High

0.71

Low

6.58

52 Week High

0.71 ⇧
0.01 (1.43%)

AKSHAR

(Miscellaneous)
0.5% Momentum

Watch Carefully

0.68

52 Week Low

0.01

EPS

32.08

PE

0.6

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: AKSHAR Share Price Financial Analysis & Valuation

Akshar Spintex Limited (AKSHAR) is broadly categorized in Miscellaneous segment industry which deals in Textiles - General vertical. It is one of Penny Stocks company with Market Capitalization of Rs 198.12 (in Cr). Total number of free float shares are 0 (in Lacs). Akshar Spintex Limited is listed on NSE with Exchange ID - INE256Z01025 and trading code is NSE:AKSHAR with short name Akshar Spintex.

In the past 1 year, Akshar Spintex Limited has declared an equity dividend of Rs 0 per share. At the current share price of AKSHAR at Rs 0.71, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:AKSHAR, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine AKSHAR underlying value and future prospects. All of this data is available in AKSHAR financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:AKSHAR, it is clearly understood that AKSHAR is Economical performer in terms of earnings and profit margins with an EPS of 0.01. NSE:AKSHAR book value per share as of today is 1.18. The current price to book ratio for AKSHAR as of Nov 23, 2024 is 0.6.

Valuation of the Stock: The current valuation of AKSHAR stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of AKSHAR whether to BUY this stock at current valuation. The delivery percentage of AKSHAR is 76.51% is very crucial parameter which shows that 76.51% investors are anticipating that the price of AKSHAR share should go up with VWAP at 0.71.

Now, the main question is whether to BUY or SELL, NSE:AKSHAR at current valuation.
As per latest Analysis No. #7434:-

⇑ STRONG BUY AKSHAR if All Greens

⇗ BUY AKSHAR (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD AKSHAR (With Stop Loss) if only 1 Green

⇘ SELL AKSHAR if NO Green Indicator

NSE: AKSHAR Share Price Today (Nov 23, 2024)

(Akshar Spintex Limited Daily Analysis on the basis of AKSHAR Intraday Graph & Trend)

Akshar Spintex Limited share price moved Up by 1.43% from its previous close of Rs 0.7. AKSHAR stock last traded price is 0.71. AKSHAR share price trend is Up with a total of 801569 stocks traded till now. It has touched an intraday high of Rs 0.71 and an intraday low of Rs 0.71. The AKSHAR trading at 0.71, Up by Rs. 0.01, or 1.43 percent which suggests that most of the Traders are anticipating that the price of AKSHAR share should go Up.

NSE: AKSHAR Share Price Tomorrow Prediction

(Akshar Spintex Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of AKSHAR)

Akshar Spintex Limited share price moved Up by 1.43%. AKSHAR share price short term trend is Up. It suggests that AKSHAR Share Price for Tomorrow remains the same with VWAP at 0.71 will be treated as stop loss for intraday traders. Akshar Spintex Limited Long term investors can follow the AKSHAR long term trend as mentiond in future forecast table.

NSE Code

NSE: AKSHAR

AKSHAR Share Price Today

 0.71

AKSHAR Share Price Target Prediction for 2024 ^

 0.7 - 3.9

AKSHAR Share Price Target Prediction for 2025*^

 3.9 - 4.1

AKSHAR Share Price Target Prediction for 2026*^

 4.1 - 4.3

AKSHAR Share Price Target Prediction for 2027*^

 5

AKSHAR Share Price Target Prediction for 2028*^

 5

AKSHAR Share Price Target Prediction for 2030*^

 5
AKSHAR Current Book Value 2023
1.2

*Akshar Spintex Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^AKSHAR share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

AKSHAR Technical Analysis

Candlestick Pattern: @0.7

AKSHAR Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 0.74 SELL 0.73 SELL
MA_12 0.77 SELL 0.8 SELL
MA_20 0.84 SELL 0.89 SELL
MA_32 1.11 SELL 1.07 SELL
MA_50 1.3 SELL 1.24 SELL
MA_100 1.7 SELL 1.62 SELL
MA_200 2.35 SELL 4.53 SELL

AKSHAR Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 0.84 Downtrend
MACD 0.02 BUY
ADX 67.22 Very Strong Trend
DMI (+/-) 8.44 / 52.44 Downtrend

AKSHAR Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 18.41 Oversold
STOCHASTIC_K (Fast) -2.67 Oversold
STOCHASTIC_D (Slow) -0.88 Oversold
CCI -124.94 SELL
PSAR 0.85 SELL
TRUE RANGE 0.02 Neutral
ATR 0.05 Neutral
WILLIAMS R -95.45 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.59 SELL

AKSHAR Last 1 Year Trend

Duration Value
1 Year -86.56%
3 Months -64.82%
1 Month -45.74%
1 Week -11.39%

AKSHAR Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 7%
NEUTRAL / HOLD 10%
SELL 83%

Most popular Questions & Answers about AKSHAR


Akshar Spintex Limited stock last traded price is 0.71. AKSHAR share price moved Up by 1.43% from its previous close of Rs 0.7.

Akshar Spintex Limited share price trend is Up with a total of 801569 stocks traded till now. It has touched an intraday high of Rs 6.6458 and an intraday low of Rs 0.71. The AKSHAR trading at 0.71, Up by Rs. 0.01, or 1.43 percent which suggests that most of the Traders are anticipating that the price of AKSHAR share should go Up and the Stop Loss will be around 0.71.

The market cap of Akshar Spintex Limited is ₹198.12 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Akshar Spintex Limited as of Nov 22, 2024 is 32.08.

The current price to book ratio for Akshar Spintex Limited as of Nov 22, 2024 is 0.6.

The highest price of Akshar Spintex Limited stock is ₹6.58 in the last 52-week.

The lowest price of Akshar Spintex Limited stock is ₹0.68 in the last 52-week.

Akshar Spintex Limited share trading at ₹0.71, Up by Rs. 0.01, or 1.43 percent which suggests that most of the traders are anticipating that the price of AKSHAR share should go Up.

In 2023, Stock price target for Akshar Spintex Limited (AKSHAR) are ₹0.7 on downside and ₹3.9 on upside. Akshar Spintex Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Akshar Spintex Limited (AKSHAR) are ₹3.9 on downside and ₹4.1 on upside. Akshar Spintex Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Akshar Spintex Limited (AKSHAR) are ₹4.1 on downside and ₹4.3 on upside. Akshar Spintex Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Akshar Spintex Limited (AKSHAR) will be around ₹5 Akshar Spintex Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of AKSHAR.

The price of Akshar Spintex Limited (AKSHAR) shares moved by 1.43%. The short-term trend for AKSHAR share price is Up. It implies that the share price of AKSHAR will stay the same tomorrow and that intraday traders should treat VWAP at 0.71 as a stop loss. Investors with a long-term outlook can track AKSHAR long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of AKSHAR stock is 0.1. Compared to the current market price of 0.71 INR, the AKSHAR stock is Overvalued by 85.9%.

As per the fundamental analysis of Akshar Spintex Limited (AKSHAR), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.01. Akshar Spintex Limited book value per share as of today is 1.18. The current price to book ratio for AKSHAR as of Nov 23, 2024 is 0.6.


NSE:AKSHAR News & Other Useful Information about AKSHAR Share Price


Peer Comparison of NSE: AKSHAR

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Textiles - General

Company Price EPS BV
PDSL 512.65 8.7 18.97
JINDWORLD 323.00 3.95 35.43
GARFIBRES 4600.55 113.46 620.07
TCNSBRANDS 583.95 0 47.91
PDSMFL 512.65 8.7 18.97
SUTLEJTEX 57.43 0 59.59
SPAL 819.95 35.82 310.45
BASML 51.30 2.78 58.55
BRFL 2.00 0 -24.03
GLOBE 4.13 0.26 3.46
Updated at: 22 Nov 2024 15:15

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SITEMAP 2030
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