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Axita Cotton Ltd share price logo

Axita Cotton Share Price

(AXITA)

₹11.515.4%

as on 11:50AM, 21 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Axita Cotton Performance

  • Day's Low

    Day's High

    ₹10.88
    Day's Price Range
    ₹11.55
  • 52 Week's Low

    52 Week's High

    ₹10.12
    52-Week Price Range
    ₹22.65
1 Month Return-3.45 %
3 Month Return-26.71 %
1 Year Return-44.11 %
Previous Close₹10.92
Open₹11.49
Volume26.80L
Upper Circuit-
Lower Circuit-
Market Cap₹379.77Cr

Axita Cotton Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹379.77 Cr
P/B Ratio8.46
EPS0
Dividend Yield0
SectorTextiles
ROE34.79

Axita Cotton Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹379.77 Cr1.31%0.64NANA
NA₹608.88 Cr35.17%0.56₹34 Cr₹200 Cr
NA₹42.23 Cr160.65%0.58NANA
NA₹43.47 Cr-12.7%0.60₹1 Cr₹166 Cr
NA₹323.72 Cr172.32%0.97-₹42 Cr₹564 Cr

About Axita Cotton

Axita Cotton Limited was incorporated in 2013 by Promoters Mr. Nitinbhai Govindbhai Patel and Mr. Amitkumar Govindbhai Patel in Ahmedabad, India. The company built a cotton ginning and pressing plant with a capacity of 87600 MT/Per annum of seed cotton. The company produces two varieties of cotton bales (Shankar6 and MCU5/MECH) and trades in areas such as Kapas cotton bales and cotton seeds. It is an ISO 9001:2015 certified company and is also affiliated with the Better Cotton Initiatives Independent Organization. In 2015, under the leadership of one of the Promoters, Mr. Kushal Nitinbhai Patel, Axita Cotton started exporting its products to countries such as Bangladesh, Pakistan, Vietnam and China. In 2016, the Promoters also incorporated Axita Exports Private Limited for the purpose of exporting cotton bales to various countries. Axita Exports also exports cotton bales that are purchased from other suppliers, in addition to those purchased from Axita Cotton.

Share Price: ₹11.51 per share as on 21 Jan, 2025 11:50 AM
Market Capitalisation: ₹379.77Cr as of today
Revenue: ₹129.89Cr as on September 2024 (Q3 24)
Net Profit: ₹0.44Cr as on September 2024 (Q3 24)
Listing date: 21 Jun, 2022
Chairperson Name: Nitinbhai Govindbhai Patel
OrganisationAxita Cotton
Headquarters
IndustryTextiles
E-voting on sharesClick here to vote

Key events for Axita Cotton Ltd

  • Axita Cotton Reaches New 52-Week Low - 06 Jan, 2025

    Axita Cotton's stock hit a 52-week low of Rs. 10.9 on January 6, 2025, marking a 49.73% decline over the past year. The stock is trading below all key moving averages and has received a Strong Sell rating from MarketsMOJO, indicating ongoing challenges.
  • Axita Cotton Reaches 52-Week Low Amid Decline - 27 Dec, 2024

    Axita Cotton's stock has hit a 52-week low of Rs. 11.1, reflecting a 6.31% decline over the past week and a 43.43% drop in the last year. The company underperformed the Sensex, which gained 9.67% during the same period. Currently rated as a Strong Sell, Axita Cotton is trading below all major moving averages, indicating a sustained downward trend.

Insights on Axita Cotton Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 36.71% to 56.12% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.52% to 1.96% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, K P R Mill Ltd has given 20.8% return, outperforming this stock by 76.7%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 62.77% to 41.93% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, AXITA stock has moved down by -31.7%

Axita Cotton Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹107.23Cr (-)₹108.78Cr (↑1.45%)₹80.81Cr (↓25.71%)₹98.38Cr (↑21.74%)
Total Liabilities₹85.41Cr (-)₹72.51Cr (↓15.10%)₹28.44Cr (↓60.78%)₹33.81Cr (↑18.88%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹5.89Cr (-)₹3.82Cr (↓35.14%)₹9.39Cr (↑145.81%)₹7.26Cr (↓22.68%)-₹13.20Cr (↓281.82%)

Axita Cotton Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
41.93%
-33.21
Foreign Institutions
1.96%
276.51
Mutual Funds
0%
0.00
Retail Investors
56.12%
52.87
Others
0%
0.00

Axita Cotton Key Indicators

Details20202021202220232024
Return On Equity %1.9518.753.0638.4534.79

Axita Cotton Earnings and Dividends

  • Axita Cotton Ltd Dividends April,2024

    In the quarter ending March 2024, Axita Cotton Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.83%.

    Read More about Dividends

Axita Cotton Technicals Summary

Bearish

Neutral

Bullish

Bullish

Axita Cotton Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Axita Cotton Ltd

Axita Cotton Ltd share price today stands at ₹11.51, Open. ₹11.49 ; Previous Close. ₹10.92 ; High. ₹11.55 ; Low. ₹10.88 ; 52 Week High. ₹22.65 ; 52 Week Low: ₹10.12.

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Axita Cotton Ltd is listed on NSE

Axita Cotton Ltd is listed on BSE

  • Today’s highest price of Axita Cotton Ltd is ₹11.55.
  • Today’s lowest price of Axita Cotton Ltd is ₹10.88.

Today’s traded volume of Axita Cotton Ltd(AXITA) is 26.80L.

Today’s market capitalisation of Axita Cotton Ltd(AXITA) is ₹379.77Cr.

Axita Cotton Ltd(AXITAPrice
52 Week High
₹22.65
52 Week Low
₹10.12

Axita Cotton Ltd(AXITA) share price is ₹11.51. It is down -49.18% from its 52 Week High price of ₹22.65

Axita Cotton Ltd(AXITA) share price is ₹11.51. It is up 13.74% from its 52 Week Low price of ₹10.12

Axita Cotton Ltd(AXITAReturns
1 Day Returns
0.59%
1 Month Returns
-3.45%
3 Month Returns
-26.71%
1 Year Returns
-44.11%