AXITA
Textile
₹32.95
0.00 (0.00%)
Market Cap | 627 Cr | EPS | 1.2 | High | 33.2 | ||
Stock P/E | 27.8 | Net Profit Margin | 1.7 | Low | 32.9 |
Performance
Today’s Low
Today’s High
32.9
33.2
52W Low
52W High
24.75
83
Open Price | 33.05 | Volume | 26,538 |
Prev. Close | 32.2 |
Fundamentals
Market Cap | 627 Cr | ROE | 38.4% | ||
P/E Ratio(TTM) | 27.8 | EPS(TTM) | 0.0 | ||
P/B Ratio | 10.8 | Dividend Yield | 0.0% | ||
Industry P/E | 47.4 | Book Value | 3.0 | ||
Face Value | 1.0 |
About the Company
The company was incorporated as ‘Axita Cotton Private Limited’ at Ahmedabad on July 16, 2013, under the provisions of the Companies Act, 1956 vide Certificate of Incorporation issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of Company was changed to ‘Axita Cotton Limited’ and fresh Certificate of Incorporation consequent up on the conversion from Private Limited Company to Public Limited Company dated October 15, 2018 was issued by the Registrar of Companies, RoC–Ahmedabad.
Business area of the Company:
The company is producing cotton bales and cotton seeds. The company is producing mainly two varieties of cotton bales namely Shankar-6 and MCU-5/MECH. The production facility of company is situated at Kadi in Mahesana District of Gujarat state which is close to the rich cotton growing areas of Maharashtra, Saurashtra and other regions of Gujarat. The products are sold majorily in the state of Gujarat, Rajasthan, Maharashtra and Madhya Pradesh. It is also engaged in the business of trading of Kapas, cotton bales and cotton seeds. It is also doing ginning and pressing of Kapas on job work basis.
Major Events and Milestones:
- 2013: The Company was incorporated as Axita Cotton Private Limited.
- 2013: The Company acquired land admeasuring area of 9961 Square Meteres at Survey No. 324, 357, 358, Kadi Thol Road, Borisana, Kadi, Mahesana.
- 2013: The Company has installed 48 Ginning and Pressing machines which is having capacity of processing 87,600 MT/Per annum of seed cotton.
- 2018: The Company got converted in to Public Limited Company.
Parent Organization | Axita Cotton Ltd. | Managing Director | Nitinbhai Govindbhai Patel | ||
Founded | 2013 | NSE Symbol | AXITA |
Financials
All values are in Rs Cr
Shareholding Pattern
Domestic Institutions
0.00%
Foreign Institutions
10.61%
Mutual Funds
0.00%
Promoters
72.37%
Domestic Institutions
0.00%
Foreign Institutions
10.61%
Mutual Funds
0.00%
Promoters
72.37%
Domestic Institutions
0.00%
Foreign Institutions
10.61%
Mutual Funds
0.00%
Promoters
72.37%
Domestic Institutions
0.00%
Foreign Institutions
10.61%
Mutual Funds
0.00%
Promoters
72.37%
Domestic Institutions
0.00%
Foreign Institutions
10.61%
Mutual Funds
0.00%
Promoters
72.37%
Peer Comparison
Company | 52 Week | Market Price | P/E Ratio | Financials | Share Holding |
---|---|---|---|---|---|
32.95(2.3%) | 27.8 | ||||
29.55(0.0%) | 51.6 | ||||
77.4(-2.0%) | 65.2 | ||||
102.75(-1.5%) | 17.0 |