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Akshar Spintex Limited
Share Price Target & Analysis

NSE:AKSHAR

2.48

VWAP

2.45

Open

2.4

Close

2.50

High

2.40

Low

7.08

52 Week High

2.50 ⇧
0.10 (4.17%)

AKSHAR

(Miscellaneous)
7.1% Momentum

Watch Carefully

2.15

52 Week Low

0.20

EPS

22.04

PE

0.15

PB

Standard
Quality

Bronze
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 2.50, 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 Standard performer in terms of earnings and profit margins with an EPS of 0.20. NSE:AKSHAR book value per share as of today is 16.26. The current price to book ratio for AKSHAR as of May 15, 2024 is 0.15.

Valuation of the Stock: The current valuation of AKSHAR stock is like Bronze which means currently the stock is Reasonably Priced. 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 90.02% is very crucial parameter which shows that 90.02% investors are anticipating that the price of AKSHAR share should go up with VWAP at 2.48.

Now, the main question is whether to BUY or SELL, NSE:AKSHAR at current valuation.
As per latest Analysis No. #7144:-

⇑ 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 (May 15, 2024)

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

Akshar Spintex Limited share price moved Up by 4.17% from its previous close of Rs 2.4. AKSHAR stock last traded price is 2.50. AKSHAR share price trend is Up with a total of 871077 stocks traded till now. It has touched an intraday high of Rs 2.50 and an intraday low of Rs 2.40. The AKSHAR trading at 2.50, Up by Rs. 0.10, or 4.17 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 4.17%. AKSHAR share price short term trend is Up. It suggests that AKSHAR Share Price for Tomorrow remains the same with VWAP at 2.48 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

 2.50

AKSHAR Share Price Target Prediction for 2024 ^

 2.3 - 4.9

AKSHAR Share Price Target Prediction for 2025*^

 4.9 - 5.1

AKSHAR Share Price Target Prediction for 2026*^

 5.1 - 5.4

AKSHAR Share Price Target Prediction for 2027*^

 6

AKSHAR Share Price Target Prediction for 2028*^

 6

AKSHAR Share Price Target Prediction for 2030*^

 6
AKSHAR Current Book Value 2023
16.2

*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: @2.4

AKSHAR Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 2.34 BUY 2.37 BUY
MA_12 2.43 SELL 2.43 SELL
MA_20 2.47 SELL 2.5 SELL
MA_32 2.64 SELL 2.68 SELL
MA_50 2.94 SELL 2.93 SELL
MA_100 3.38 SELL 4.19 SELL
MA_200 8.78 SELL 12.62 SELL

AKSHAR Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 2.47 Downtrend
MACD 0.02 BUY
ADX 40.44 Strong Trend
DMI (+/-) 22.98 / 44.84 Downtrend

AKSHAR Momentum Oscillators

BUY (2) NEUTRAL (6) SELL (4)
Momentum Oscillators Value Action
RSI 37.47 Neutral
STOCHASTIC_K (Fast) 86.66 Overbought
STOCHASTIC_D (Slow) 40.86 Neutral
CCI -36.01 Neutral
PSAR 2.68 SELL
TRUE RANGE 0.05 SELL
ATR 0.08 SELL
WILLIAMS R -75 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 66.67 Neutral
MOMENTUM -0.05 SELL

AKSHAR Last 1 Year Trend

Duration Value
1 Year -95.54%
3 Months -37.98%
1 Month -2.04%
1 Week 0%

AKSHAR Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 20%
NEUTRAL / HOLD 20%
SELL 60%

Most popular Questions & Answers about AKSHAR


Akshar Spintex Limited stock last traded price is 2.50. AKSHAR share price moved Up by 4.17% from its previous close of Rs 2.4.

Akshar Spintex Limited share price trend is Up with a total of 871077 stocks traded till now. It has touched an intraday high of Rs 7.1508 and an intraday low of Rs 2.40. The AKSHAR trading at 2.50, Up by Rs. 0.10, or 4.17 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 2.48.

The market cap of Akshar Spintex Limited is ₹198.12 (in Cr) as of May 14, 2024.

The current price to earning ratio for Akshar Spintex Limited as of May 14, 2024 is 22.04.

The current price to book ratio for Akshar Spintex Limited as of May 14, 2024 is 0.15.

The highest price of Akshar Spintex Limited stock is ₹7.08 in the last 52-week.

The lowest price of Akshar Spintex Limited stock is ₹2.15 in the last 52-week.

Akshar Spintex Limited share trading at ₹2.50, Up by Rs. 0.10, or 4.17 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 ₹2.3 on downside and ₹4.9 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 ₹4.9 on downside and ₹5.1 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 ₹5.1 on downside and ₹5.4 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 ₹6 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.

As per the fundamental analysis of Akshar Spintex Limited (AKSHAR), it is of Standard quality in terms of earnings and profit margins with an EPS of 0.20. Akshar Spintex Limited book value per share as of today is 16.26. The current price to book ratio for AKSHAR as of May 15, 2024 is 0.15.


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 440.50 5.88 16.39
JINDWORLD 364.60 3.61 32.27
GARFIBRES 3225.30 93.04 516.64
TCNSBRANDS 452.15 0 96.73
PDSMFL 440.50 5.88 69.5
SUTLEJTEX 56.65 0 59.59
SPAL 590.25 39.93 269.03
BASML 49.30 0 62.53
BRFL 2.00 0 -24.03
GLOBE 3.05 0.17 3.4
Updated at: 14 May 2024 16:04

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