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ACKNIT (ACKNIT INDUSTRIES LTD.) Stock Analysis
Buy, Hold or Sell?

Let's analyze ACKNIT INDUSTRIES LTD. together

I guess you are interested in ACKNIT INDUSTRIES LTD.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • πŸ“Š Fundamental Analysis (FA) – ACKNIT INDUSTRIES LTD.’s Financial Insights
  • πŸ“ˆ Technical Analysis (TA) – ACKNIT INDUSTRIES LTD.’s Price Targets

I'm going to help you getting a better view of ACKNIT INDUSTRIES LTD.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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1. Quick Overview

1.1. Quick analysis of ACKNIT INDUSTRIES LTD. (30 sec.)










1.2. What can you expect buying and holding a share of ACKNIT INDUSTRIES LTD.? (30 sec.)

How much money do you get?

How much money do you get?
INR0.07
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR287.15
Expected worth in 1 year
INR398.84
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR117.74
Return On Investment
40.8%

For what price can you sell your share?

Current Price per Share
INR288.55
Expected price per share
INR264.00 - INR405.90
How sure are you?
50%
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2. Detailed Analysis

2.1. Valuation of ACKNIT INDUSTRIES LTD. (5 min.)




Live pricePrice per Share (EOD)
INR288.55
Intrinsic Value Per Share
INR-311.44 - INR546.64
Total Value Per Share
INR-24.29 - INR833.79

2.2. Growth of ACKNIT INDUSTRIES LTD. (5 min.)




Is ACKNIT INDUSTRIES LTD. growing?

Current yearPrevious yearGrowGrow %
How rich?$10.2m$9.2m$993.1k9.7%

How much money is ACKNIT INDUSTRIES LTD. making?

Current yearPrevious yearGrowGrow %
Making money$1m$1m$51.8k4.9%
Net Profit Margin3.7%3.9%--

How much money comes from the company's main activities?

2.3. Financial Health of ACKNIT INDUSTRIES LTD. (5 min.)




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3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of ACKNIT INDUSTRIES LTD.?

Welcome investor! ACKNIT INDUSTRIES LTD.'s management wants to use your money to grow the business. In return you get a share of ACKNIT INDUSTRIES LTD..

First you should know what it really means to hold a share of ACKNIT INDUSTRIES LTD.. And how you can make/lose money.

Speculation

The Price per Share of ACKNIT INDUSTRIES LTD. is INR288.55. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of ACKNIT INDUSTRIES LTD..
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in ACKNIT INDUSTRIES LTD., you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR287.15. Based on the TTM, the Book Value Change Per Share is INR27.92 per quarter. Based on the YOY, the Book Value Change Per Share is INR27.67 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR1.51 per quarter.
Based on historical numbers we can estimate the returns while holding a share of ACKNIT INDUSTRIES LTD..

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.350.1%0.350.1%0.330.1%0.340.1%0.310.1%0.240.1%
Usd Book Value Change Per Share0.330.1%0.330.1%0.320.1%0.330.1%0.300.1%0.370.1%
Usd Dividend Per Share0.020.0%0.020.0%0.020.0%0.020.0%0.020.0%0.020.0%
Usd Total Gains Per Share0.340.1%0.340.1%0.340.1%0.350.1%0.310.1%0.390.1%
Usd Price Per Share3.57-3.57-3.07-2.83-2.16-1.73-
Price to Earnings Ratio10.31-10.31-9.31-8.31-6.69-7.54-
Price-to-Total Gains Ratio10.36-10.36-8.97-8.20-6.60-5.86-
Price to Book Ratio1.06-1.06-1.01-0.92-0.75-0.75-
Price-to-Total Gains Ratio10.36-10.36-8.97-8.20-6.60-5.86-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share3.376035
Number of shares296
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.020.02
Usd Book Value Change Per Share0.330.30
Usd Total Gains Per Share0.340.31
Gains per Quarter (296 shares)101.9493.18
Gains per Year (296 shares)407.76372.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12138739821352363
24277480642703736
363116012146310551109
484154716228414071482
51051934203010517581855
61262321243812621102228
71472708284614724622601
81683094325416828132974
91893481366218931653347
102093868407021035173720

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%9.00.00.0100.0%9.00.00.0100.0%
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3.2. Key Performance Indicators

The key performance indicators of ACKNIT INDUSTRIES LTD. compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--27.92327.9230%27.668+1%28.0340%25.387+10%31.906-12%
Book Value Per Share--287.151287.1510%259.228+11%259.313+11%231.871+24%190.751+51%
Current Ratio--1.5741.5740%1.534+3%1.555+1%1.492+5%1.429+10%
Debt To Asset Ratio--0.4870.4870%0.494-1%0.483+1%0.514-5%0.573-15%
Debt To Equity Ratio--0.9480.9480%0.974-3%0.935+1%1.075-12%1.422-33%
Dividend Per Share--1.5121.5120%1.528-1%1.522-1%1.5180%1.580-4%
Enterprise Value--99431000.00099431000.0000%28541000.000+248%-1762333.333+102%-178798388.000+280%-295720417.778+397%
Eps--29.58929.5890%28.132+5%29.131+2%26.547+11%20.308+46%
Ev To Sales Ratio--0.0410.0410%0.013+220%-0.001+101%-0.093+325%-0.169+510%
Free Cash Flow Per Share--8.5798.5790%-42.977+601%12.737-33%0.663+1194%8.5870%
Free Cash Flow To Equity Per Share--8.5798.5790%-42.977+601%-11.766+237%-9.032+205%-5.464+164%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--546.641----------
Intrinsic Value_10Y_min---311.440----------
Intrinsic Value_1Y_max--21.850----------
Intrinsic Value_1Y_min---7.448----------
Intrinsic Value_3Y_max--90.744----------
Intrinsic Value_3Y_min---43.090----------
Intrinsic Value_5Y_max--189.894----------
Intrinsic Value_5Y_min---101.159----------
Market Cap877192000.000-6%927200000.000927200000.0000%796480000.000+16%734514666.667+26%560059200.000+66%449599111.111+106%
Net Profit Margin--0.0370.0370%0.039-3%0.038-2%0.037+1%0.031+22%
Operating Margin----0%-0%-0%-0%0.018-100%
Operating Ratio--1.5411.5410%1.5460%1.550-1%1.536+0%1.342+15%
Pb Ratio1.005-6%1.0621.0620%1.011+5%0.918+16%0.754+41%0.752+41%
Pe Ratio9.752-6%10.30810.3080%9.313+11%8.314+24%6.686+54%7.535+37%
Price Per Share288.550-6%305.000305.0000%262.000+16%241.617+26%184.230+66%147.894+106%
Price To Free Cash Flow Ratio33.633-6%35.55135.5510%-6.096+117%10.543+237%7.028+406%15.021+137%
Price To Total Gains Ratio9.803-6%10.36210.3620%8.974+15%8.197+26%6.597+57%5.865+77%
Quick Ratio--0.3980.3980%0.456-13%0.449-11%0.437-9%0.508-22%
Return On Assets--0.0530.0530%0.055-4%0.059-10%0.056-5%0.045+17%
Return On Equity--0.1030.1030%0.109-5%0.113-9%0.115-11%0.104-1%
Total Gains Per Share--29.43529.4350%29.196+1%29.5560%26.905+9%33.486-12%
Usd Book Value--10213386.30010213386.3000%9220220.100+11%9223246.500+11%8247193.859+24%6784641.006+51%
Usd Book Value Change Per Share--0.3270.3270%0.324+1%0.3280%0.297+10%0.373-12%
Usd Book Value Per Share--3.3603.3600%3.033+11%3.034+11%2.713+24%2.232+51%
Usd Dividend Per Share--0.0180.0180%0.018-1%0.018-1%0.0180%0.018-4%
Usd Enterprise Value--1163342.7001163342.7000%333929.700+248%-20619.300+102%-2091941.140+280%-3459928.888+397%
Usd Eps--0.3460.3460%0.329+5%0.341+2%0.311+11%0.238+46%
Usd Free Cash Flow--305147.700305147.7000%-1528605.000+601%453035.700-33%23579.101+1194%305437.0400%
Usd Free Cash Flow Per Share--0.1000.1000%-0.503+601%0.149-33%0.008+1194%0.1000%
Usd Free Cash Flow To Equity Per Share--0.1000.1000%-0.503+601%-0.138+237%-0.106+205%-0.064+164%
Usd Market Cap10263146.400-6%10848240.00010848240.0000%9318816.000+16%8593821.600+26%6552692.640+66%5260309.600+106%
Usd Price Per Share3.376-6%3.5693.5690%3.065+16%2.827+26%2.155+66%1.730+106%
Usd Profit--1052426.7001052426.7000%1000584.000+5%1036120.800+2%944217.612+11%722297.186+46%
Usd Revenue--28123769.70028123769.7000%25816904.100+9%27280503.900+3%25434656.255+11%22813940.669+23%
Usd Total Gains Per Share--0.3440.3440%0.342+1%0.3460%0.315+9%0.392-12%
 EOD+4 -4MRQTTM+0 -0YOY+27 -103Y+18 -195Y+27 -1010Y+21 -17

3.3 Fundamental Score

Let's check the fundamental score of ACKNIT INDUSTRIES LTD. based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-159.752
Price to Book Ratio (EOD)Between0-11.005
Net Profit Margin (MRQ)Greater than00.037
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.398
Current Ratio (MRQ)Greater than11.574
Debt to Asset Ratio (MRQ)Less than10.487
Debt to Equity Ratio (MRQ)Less than10.948
Return on Equity (MRQ)Greater than0.150.103
Return on Assets (MRQ)Greater than0.050.053
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of ACKNIT INDUSTRIES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose282.000
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About ACKNIT INDUSTRIES LTD.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is fair priced.
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4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profitΒ ACKNIT INDUSTRIES LTD. earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • A Net Profit Margin of 3.7%Β means thatΒ ₹0.04 for each ₹1Β in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 3.7%. The company is making a profit. +1
  • The TTM is 3.7%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ3.7%TTM3.7%0.0%
TTM3.7%YOY3.9%-0.1%
TTM3.7%5Y3.7%+0.0%
5Y3.7%10Y3.1%+0.6%
4.3.1.2. Return on Assets

Shows howΒ efficientΒ ACKNIT INDUSTRIES LTD. is using its assets to generate profit.

  • Above 5% is considered healthyΒ but always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • 5.3% Return on Assets means thatΒ ACKNIT INDUSTRIES LTD. generatedΒ ₹0.05 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 5.3%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 5.3%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ5.3%TTM5.3%0.0%
TTM5.3%YOY5.5%-0.2%
TTM5.3%5Y5.6%-0.3%
5Y5.6%10Y4.5%+1.1%
4.3.1.3. Return on Equity

Shows how efficient ACKNIT INDUSTRIES LTD. is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • 10.3% Return on Equity means ACKNIT INDUSTRIES LTD. generated ₹0.10Β for eachΒ ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 10.3%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.3%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.3%TTM10.3%0.0%
TTM10.3%YOY10.9%-0.5%
TTM10.3%5Y11.5%-1.2%
5Y11.5%10Y10.4%+1.1%
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4.3.2. Operating Efficiency of ACKNIT INDUSTRIES LTD..

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

MeasuresΒ how efficient ACKNIT INDUSTRIES LTD. is operatingΒ .

  • Measures how much profit ACKNIT INDUSTRIES LTD. makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • An Operating Margin of 0.0%Β means the company generated ₹0.00 Β for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y1.8%-1.8%
4.3.2.2. Operating Ratio

Measures how efficient ACKNIT INDUSTRIES LTD. is keepingΒ operating costsΒ low.

  • Below 1 is considered healthy (always compare toΒ  industry mean).
  • An Operation Ratio of 1.54 means that the operating costs are ₹1.54 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 1.541. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.541. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.541TTM1.5410.000
TTM1.541YOY1.546-0.005
TTM1.5415Y1.536+0.005
5Y1.53610Y1.342+0.194
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4.4.3. Liquidity of ACKNIT INDUSTRIES LTD..

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if ACKNIT INDUSTRIES LTD. is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare toΒ  industry mean).
  • A Current Ratio of 1.57Β means the company has ₹1.57 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 1.574. The company is able to pay all its short-term debts. +1
  • The TTM is 1.574. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.574TTM1.5740.000
TTM1.574YOY1.534+0.040
TTM1.5745Y1.492+0.082
5Y1.49210Y1.429+0.064
4.4.3.2. Quick Ratio

Measures if ACKNIT INDUSTRIES LTD. is able to pay off Short-term Debt but only usingΒ theΒ most liquid assets.

  • Above 1 is considered healthy butΒ always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • A Quick Ratio of 0.40Β means the company can pay off ₹0.40 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 0.398. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.398. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.398TTM0.3980.000
TTM0.398YOY0.456-0.059
TTM0.3985Y0.437-0.039
5Y0.43710Y0.508-0.071
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4.5.4. Solvency of ACKNIT INDUSTRIES LTD..

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much %Β of ACKNIT INDUSTRIES LTD.Β assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compareΒ ACKNIT INDUSTRIES LTD. to industry mean.
  • A Debt to Asset Ratio of 0.49Β means that ACKNIT INDUSTRIES LTD. assets areΒ financed with 48.7% credit (debt) and the remaining percentage (100% - 48.7%)Β is financed by its owners/shareholders.Β 

Let's take a look of the Debt to Asset Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 0.487. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.487. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.487TTM0.4870.000
TTM0.487YOY0.494-0.007
TTM0.4875Y0.514-0.028
5Y0.51410Y0.573-0.058
4.5.4.2. Debt to Equity Ratio

Measures ifΒ ACKNIT INDUSTRIES LTD. is able toΒ pay off its debts by usingΒ shareholders equity.

  • Below 2 is considered healthy butΒ always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • A Debt to Equity ratio of 94.8% means that company has ₹0.95 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The MRQ is 0.948. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.948. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.948TTM0.9480.000
TTM0.948YOY0.974-0.026
TTM0.9485Y1.075-0.127
5Y1.07510Y1.422-0.346
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4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

MeasuresΒ how much money you payΒ for each share forΒ every ₹1 in earnings ACKNIT INDUSTRIES LTD. generates.

  • Above 15 is considered overpriced butΒ always compareΒ ACKNIT INDUSTRIES LTD. to theΒ  industry mean.
  • A PE ratio of 10.31 means the investor is paying ₹10.31Β for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The EOD is 9.752. Based on the earnings, the company is underpriced. +1
  • The MRQ is 10.308. Based on the earnings, the company is underpriced. +1
  • The TTM is 10.308. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD9.752MRQ10.308-0.556
MRQ10.308TTM10.3080.000
TTM10.308YOY9.313+0.994
TTM10.3085Y6.686+3.621
5Y6.68610Y7.535-0.849
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The EOD is 33.633. Based on how much money comes from the company's main activities, the company is fair priced.
  • The MRQ is 35.551. Based on how much money comes from the company's main activities, the company is fair priced.
  • The TTM is 35.551. Based on how much money comes from the company's main activities, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD33.633MRQ35.551-1.917
MRQ35.551TTM35.5510.000
TTM35.551YOY-6.096+41.647
TTM35.5515Y7.028+28.523
5Y7.02810Y15.021-7.994
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4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price ofΒ ACKNIT INDUSTRIES LTD. is to cheap or to expensiveΒ compared to its book value.

  • At or below 1 is considered healthyΒ (always compare to industry mean).
  • A PB ratio of 1.06 means the investor is paying ₹1.06Β for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of ACKNIT INDUSTRIES LTD.:

  • The EOD is 1.005. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.062. Based on the equity, the company is underpriced. +1
  • The TTM is 1.062. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.005MRQ1.062-0.057
MRQ1.062TTM1.0620.000
TTM1.062YOY1.011+0.051
TTM1.0625Y0.754+0.308
5Y0.75410Y0.752+0.002
4.6.2. Total Gains per Share
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6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-12-31. Currency in INR. All numbers in thousands.

Summary
Total Assets1,700,708
Total Liabilities827,769
Total Stockholder Equity872,939
 As reported
Total Liabilities 827,769
Total Stockholder Equity+ 872,939
Total Assets = 1,700,708

Assets

Total Assets1,700,708
Total Current Assets1,250,503
Long-term Assets450,205
Total Current Assets
Cash And Cash Equivalents 629
Short-term Investments 1,577
Net Receivables 314,328
Inventory 847,451
Other Current Assets 85,166
Total Current Assets  (as reported)1,250,503
Total Current Assets  (calculated)1,249,151
+/- 1,352
Long-term Assets
Property Plant Equipment 418,988
Long-term Assets Other 28,473
Long-term Assets  (as reported)450,205
Long-term Assets  (calculated)447,461
+/- 2,744

Liabilities & Shareholders' Equity

Total Current Liabilities794,424
Long-term Liabilities33,345
Total Stockholder Equity872,939
Total Current Liabilities
Short Long Term Debt 575,614
Accounts payable 170,037
Other Current Liabilities 45,430
Total Current Liabilities  (as reported)794,424
Total Current Liabilities  (calculated)791,081
+/- 3,343
Long-term Liabilities
Long term Debt 10,747
Long-term Liabilities Other 572
Long-term Liabilities  (as reported)33,345
Long-term Liabilities  (calculated)11,319
+/- 22,026
Total Stockholder Equity
Total Stockholder Equity (as reported)872,939
Total Stockholder Equity (calculated)0
+/- 872,939
Other
Capital Stock30,400
Common Stock Shares Outstanding 3,040
Net Debt 585,732
Net Invested Capital 1,459,300
Net Working Capital 456,079
Property Plant and Equipment Gross 418,988



6.2. Balance Sheets Structured

Currency in INR. All numbers in thousands.

 Trend2024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
> Total Assets 
1,155,178
1,180,405
1,242,866
1,189,769
1,185,880
1,470,709
1,325,606
1,555,992
1,700,708
1,700,7081,555,9921,325,6061,470,7091,185,8801,189,7691,242,8661,180,4051,155,178
   > Total Current Assets 
883,290
890,335
946,689
835,291
815,325
1,063,652
926,758
1,139,751
1,250,503
1,250,5031,139,751926,7581,063,652815,325835,291946,689890,335883,290
       Cash And Cash Equivalents 
4,944
6,950
4,835
2,732
4,408
2,137
2,862
5,505
629
6295,5052,8622,1374,4082,7324,8356,9504,944
       Short-term Investments 
622
419
337
562
351
514
658
2,124
1,577
1,5772,124658514351562337419622
       Net Receivables 
418,251
418,028
409,761
273,591
240,406
308,357
284,326
336,901
314,328
314,328336,901284,326308,357240,406273,591409,761418,028418,251
       Inventory 
392,828
424,648
430,340
501,742
437,241
653,172
568,015
705,078
847,451
847,451705,078568,015653,172437,241501,742430,340424,648392,828
       Other Current Assets 
49,264
28,779
85,799
42,336
129,852
94,843
62,711
89,165
85,166
85,16689,16562,71194,843129,85242,33685,79928,77949,264
   > Long-term Assets 
0
0
296,177
357,154
370,555
407,057
398,848
416,241
450,205
450,205416,241398,848407,057370,555357,154296,17700
       Property Plant Equipment 
254,457
272,528
275,043
333,544
345,623
377,217
371,014
382,504
418,988
418,988382,504371,014377,217345,623333,544275,043272,528254,457
       Intangible Assets 
698
464
230
50
51
51
288
258
0
0258288515150230464698
       Long-term Assets Other 
0
0
0
0
5,262
25,617
26,959
30,263
28,473
28,47330,26326,95925,6175,2620000
> Total Liabilities 
811,212
767,184
792,595
702,715
643,643
853,439
621,663
767,939
827,769
827,769767,939621,663853,439643,643702,715792,595767,184811,212
   > Total Current Liabilities 
705,502
640,923
682,539
610,618
559,073
794,306
595,528
742,988
794,424
794,424742,988595,528794,306559,073610,618682,539640,923705,502
       Short-term Debt 
481,177
426,664
485,267
377,164
359,359
558,487
426,592
0
0
00426,592558,487359,359377,164485,267426,664481,177
       Short Long Term Debt 
0
0
499,242
400,223
389,863
585,448
427,510
583,959
575,614
575,614583,959427,510585,448389,863400,223499,24200
       Accounts payable 
177,042
161,522
131,108
131,441
118,983
152,804
126,822
122,433
170,037
170,037122,433126,822152,804118,983131,441131,108161,522177,042
       Other Current Liabilities 
35,117
33,129
41,578
71,753
23,319
25,407
37,915
13,018
45,430
45,43013,01837,91525,40723,31971,75341,57833,12935,117
   > Long-term Liabilities 
0
0
110,056
94,773
84,570
59,133
26,135
24,951
33,345
33,34524,95126,13559,13384,57094,773110,05600
       Long term Debt Total 
79,432
101,721
86,320
72,586
62,677
35,274
2,387
0
0
002,38735,27462,67772,58686,320101,72179,432
       Long-term Liabilities Other 
0
0
0
0
1,131
991
852
712
572
5727128529911,1310000
> Total Stockholder Equity
343,967
413,221
450,271
487,054
542,237
617,270
703,943
788,053
872,939
872,939788,053703,943617,270542,237487,054450,271413,221343,967
   Common Stock
25,200
30,400
30,400
30,400
30,400
30,400
30,400
0
0
0030,40030,40030,40030,40030,40030,40025,200
   Retained Earnings 
302,036
308,890
350,083
388,263
511,837
586,870
673,543
93,584
0
093,584673,543586,870511,837388,263350,083308,890302,036
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
4,442
4,442
300
-1,097
0
0
0
0
0
00000-1,0973004,4424,442



6.3. Balance Sheets

Currency in INR. All numbers in thousands.




6.4. Cash Flows

Currency in INR. All numbers in thousands.




6.5. Income Statements

Currency in INR. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-12-31. Currency in INR. All numbers in thousands.

Gross Profit (+$)
totalRevenue2,403,741
Cost of Revenue-1,446,451
Gross Profit957,290957,290
 
Operating Income (+$)
Gross Profit957,290
Operating Expense-2,257,682
Operating Income146,059-1,300,392
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense2,257,6820
 
Net Interest Income (+$)
Interest Income0
Interest Expense-29,345
Other Finance Cost-0
Net Interest Income-29,345
 
Pretax Income (+$)
Operating Income146,059
Net Interest Income-29,345
Other Non-Operating Income Expenses0
Income Before Tax (EBT)121,454146,059
EBIT - interestExpense = -29,345
89,951
119,296
Interest Expense29,345
Earnings Before Interest and Taxes (EBIT)0150,799
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax121,454
Tax Provision-31,503
Net Income From Continuing Ops89,95189,951
Net Income89,951
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net029,345
 

Technical Analysis of ACKNIT INDUSTRIES LTD.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of ACKNIT INDUSTRIES LTD.. The general trend of ACKNIT INDUSTRIES LTD. is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine ACKNIT INDUSTRIES LTD.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. ACKNIT INDUSTRIES LTD. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

SupportΒ is a price level at which demand for an asset is strong enough to prevent the price from falling further.
ResistanceΒ is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of ACKNIT INDUSTRIES LTD..

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 325.00 < 405.90.

The bearish price targets are: 295.00 > 286.00 > 264.00.

Know someone who trades $ACKNIT? Share this with them.πŸ‘‡

ACKNIT INDUSTRIES LTD. Daily Support & Resistance Chart
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2. Trend Indicators

2.1 Moving Averages

Shows theΒ moving averageΒ of the selected period.

  • Moving averages are laggingΒ trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of ACKNIT INDUSTRIES LTD.. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

ACKNIT INDUSTRIES LTD. Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows theΒ momentumΒ of theΒ selected period based on two moving averages.

  • MACD is aΒ lagging momentumΒ indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) ChartACKNIT INDUSTRIES LTD. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of ACKNIT INDUSTRIES LTD.. The current adx is .

ACKNIT INDUSTRIES LTD. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • ShowsΒ the current trend.
  • ShowsΒ potential entry signals.
  • ShowsΒ Β potential exit signals.
  • Can be used to placeΒ trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentumΒ indicator, meaning the signals are instant.
  • RangesΒ between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Relative Strength Index (RSI) ChartACKNIT INDUSTRIES LTD. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

ComparesΒ a certain price to multiple prices ranging over time.

  • LeadingΒ momentumΒ indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • RangesΒ between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Stochastic Oscillator ChartACKNIT INDUSTRIES LTD. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,Β the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Commodity Channel Index (CCI) ChartACKNIT INDUSTRIES LTD. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) ChartACKNIT INDUSTRIES LTD. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Β Shows the current price relative to the highest high over the last 14 days.
Β 

  • Lagging momentum indicator
  • Ranging between 0 andΒ -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Williams %R ChartACKNIT INDUSTRIES LTD. Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversoldΒ 

Score

Let's take a look at the Bollinger Bands of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Average True Range (ATR) ChartACKNIT INDUSTRIES LTD. Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Β Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily On-Balance Volume (OBV) ChartACKNIT INDUSTRIES LTD. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of ACKNIT INDUSTRIES LTD..

ACKNIT INDUSTRIES LTD. Daily Money Flow Index (MFI) ChartACKNIT INDUSTRIES LTD. Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for ACKNIT INDUSTRIES LTD..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-18DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-19STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2025-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-25STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-27CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-02-28BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-03RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-04WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-03-05STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-06SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-10STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-03-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-03STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-07DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-15CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-16CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-04-21STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-25SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-28DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-04-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-04-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-05-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-05-05STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-06STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2025-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-21WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-22STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-27MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-30WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-03RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-06MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-12STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-06-13RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-06-16STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-17STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-06-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-06-20CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-06-23SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-06-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-06-26STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-07-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-07-02STOCH LONG EXITThe %K line crosses below the %D line.
2025-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2025-07-07STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-07-11MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

ACKNIT INDUSTRIES LTD. Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of ACKNIT INDUSTRIES LTD. based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose282.000
Total0/1 (0.0%)
Penke
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