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- AXITA
AXITA
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Recent events
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News
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Corporate Actions
Axita Cotton Receives Order
March 5 (Reuters) - Axita Cotton Ltd AXIA.NS:
RECEIVES ORDER WORTH $971,700
Source text: ID:nBSE2NS5XX
Further company coverage: AXIA.NS
(([email protected];;))
March 5 (Reuters) - Axita Cotton Ltd AXIA.NS:
RECEIVES ORDER WORTH $971,700
Source text: ID:nBSE2NS5XX
Further company coverage: AXIA.NS
(([email protected];;))
Axita Cotton Says Issuance Of Bonus Shares In Ratio Of 13
Aug 9 (Reuters) - Axita Cotton Ltd AXIA.NS:
ISSUANCE OF BONUS SHARES IN RATIO OF 1:3
Source text for Eikon: ID:nBSE8bDv4d
Further company coverage: AXIA.NS
(([email protected];))
Aug 9 (Reuters) - Axita Cotton Ltd AXIA.NS:
ISSUANCE OF BONUS SHARES IN RATIO OF 1:3
Source text for Eikon: ID:nBSE8bDv4d
Further company coverage: AXIA.NS
(([email protected];))
India's Axita Cotton jumps on bonus share issue proposal
** Shares of India's Axita Cotton AXIA.NS rise 4.6% to 23.9 rupees after jumping as much as 6.4% earlier
** Jump on co's proposal to consider bonus share issue
** AXIA set to snap three straight sessions of losses, if gains hold
** Day's jump trims YTD losses to ~7%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Axita Cotton AXIA.NS rise 4.6% to 23.9 rupees after jumping as much as 6.4% earlier
** Jump on co's proposal to consider bonus share issue
** AXIA set to snap three straight sessions of losses, if gains hold
** Day's jump trims YTD losses to ~7%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Axita Cotton To Consider Issue Of Bonus Shares
July 29 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON - TO CONSIDER ISSUE OF BONUS SHARES
Source text for Eikon: ID:nBSEcc33rj
Further company coverage: AXIA.NS
(([email protected];))
July 29 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON - TO CONSIDER ISSUE OF BONUS SHARES
Source text for Eikon: ID:nBSEcc33rj
Further company coverage: AXIA.NS
(([email protected];))
Axita Cotton March-Quarter Profit Falls
April 23 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON MARCH-QUARTER PROFIT 49.5 MILLION RUPEES VERSUS PROFIT 56 MILLION RUPEES
AXITA COTTON MARCH-QUARTER REVENUE FROM OPERATIONS 2.21 BILLION RUPEES VERSUS 1.22 BILLION RUPEES
Source text for Eikon: ID:nBSE9S8Cx6
Further company coverage: AXIA.NS
(([email protected];))
April 23 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON MARCH-QUARTER PROFIT 49.5 MILLION RUPEES VERSUS PROFIT 56 MILLION RUPEES
AXITA COTTON MARCH-QUARTER REVENUE FROM OPERATIONS 2.21 BILLION RUPEES VERSUS 1.22 BILLION RUPEES
Source text for Eikon: ID:nBSE9S8Cx6
Further company coverage: AXIA.NS
(([email protected];))
Axita Cotton Posts Dec-Quarter Net Pat From ContOps
Jan 19 (Reuters) - Axita Cotton Ltd AXIA.NS:
DEC-QUARTER NET PAT FROM CONTOPS 31.3 MILLION RUPEES VERSUS PROFIT 47 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 1.3 BILLION RUPEES
Source text for Eikon: ID:nNSE1NWCmD
Further company coverage: AXIA.NS
(([email protected];))
Jan 19 (Reuters) - Axita Cotton Ltd AXIA.NS:
DEC-QUARTER NET PAT FROM CONTOPS 31.3 MILLION RUPEES VERSUS PROFIT 47 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 1.3 BILLION RUPEES
Source text for Eikon: ID:nNSE1NWCmD
Further company coverage: AXIA.NS
(([email protected];))
Indian textile firm Axita Cotton surges on block deal
** Shares of Axita Cotton AXIA.NS up 19.9% at 28.7 rupees
** More than 1.1 mln shares of the textile co change hands in a block deal at a price of 28.15 rupees per share - LSEG data
** If gains hold, stock set for its best day since listing in June 2022
** Stock down ~23% in YTD, it had gained ~35% in 2022
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
** Shares of Axita Cotton AXIA.NS up 19.9% at 28.7 rupees
** More than 1.1 mln shares of the textile co change hands in a block deal at a price of 28.15 rupees per share - LSEG data
** If gains hold, stock set for its best day since listing in June 2022
** Stock down ~23% in YTD, it had gained ~35% in 2022
(Reporting by Nishit Navin in Bengaluru)
(([email protected];))
Axita Cotton Ltd- Promoters Sold 3.25% Stake In Co
Dec 11 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON LTD- PROMOTERS SOLD 3.25% STAKE IN CO
Source text for Eikon: ID:nBSE3GS0xW
Further company coverage: AXIA.NS
(([email protected];))
Dec 11 (Reuters) - Axita Cotton Ltd AXIA.NS:
AXITA COTTON LTD- PROMOTERS SOLD 3.25% STAKE IN CO
Source text for Eikon: ID:nBSE3GS0xW
Further company coverage: AXIA.NS
(([email protected];))
India's Axita Cotton rises after board nod for bonus share issue
** Shares of Axita Cotton AXIA.NS up 2.7% at 30.05 rupees as of 11:08 a.m. IST
** The textile co on Thursday said its board approved bonus share issue in the 1:3 ratio
** Stock on track for a sixth consecutive session of gain, if trend holds
** More than 2.3 mln shares change hands, 1.8x the 30-day avg
** Stock down nearly 40% YTD
(Reporting by Ashish Chandra)
(([email protected] (+91 7982114624))
** Shares of Axita Cotton AXIA.NS up 2.7% at 30.05 rupees as of 11:08 a.m. IST
** The textile co on Thursday said its board approved bonus share issue in the 1:3 ratio
** Stock on track for a sixth consecutive session of gain, if trend holds
** More than 2.3 mln shares change hands, 1.8x the 30-day avg
** Stock down nearly 40% YTD
(Reporting by Ashish Chandra)
(([email protected] (+91 7982114624))
India's Axita Cotton up on order win
** Shares of Axita Cotton AXIA.NS rise as much as 4.8% to 29.8 rupees
** The textile co on Wednesday said it secured new sales order worth 892.2 mln rupees ($10.72 million) for supply of cotton bales
** Stock set to rise for a fifth straight session after co on Nov. 16 said it will consider bonus issue of shares on Nov. 23
** Trading vol is 3.3x the 30-day daily avg, tops 3 mln for the third straight session
** AXIA up 3.5% as of 13:42 p.m. IST, trimming YTD losses to ~41%
($1 = 83.2440 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Axita Cotton AXIA.NS rise as much as 4.8% to 29.8 rupees
** The textile co on Wednesday said it secured new sales order worth 892.2 mln rupees ($10.72 million) for supply of cotton bales
** Stock set to rise for a fifth straight session after co on Nov. 16 said it will consider bonus issue of shares on Nov. 23
** Trading vol is 3.3x the 30-day daily avg, tops 3 mln for the third straight session
** AXIA up 3.5% as of 13:42 p.m. IST, trimming YTD losses to ~41%
($1 = 83.2440 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
Axita Cotton Got Work Orders Worth 892.2 Million Rupees
Nov 22 (Reuters) - Axita Cotton Ltd AXIA.NS:
GOT WORK ORDERS WORTH 892.2 MILLION RUPEES
Source text for Eikon: ID:nBSE186STl
Further company coverage: AXIA.NS
(([email protected];))
Nov 22 (Reuters) - Axita Cotton Ltd AXIA.NS:
GOT WORK ORDERS WORTH 892.2 MILLION RUPEES
Source text for Eikon: ID:nBSE186STl
Further company coverage: AXIA.NS
(([email protected];))
Axita Cotton To Consider Issue Of Bonus Shares To Existing Shareholders Of Co
Nov 16 (Reuters) - Axita Cotton Ltd AXIA.NS:
TO CONSIDER ISSUE OF BONUS SHARES TO EXISTING SHAREHOLDERS OF CO
Source text for Eikon: ID:nBSE26bCZ8
Further company coverage: AXIA.NS
(([email protected];))
Nov 16 (Reuters) - Axita Cotton Ltd AXIA.NS:
TO CONSIDER ISSUE OF BONUS SHARES TO EXISTING SHAREHOLDERS OF CO
Source text for Eikon: ID:nBSE26bCZ8
Further company coverage: AXIA.NS
(([email protected];))
India's Axita Cotton Sept-Quarter Total Profit Rises
Nov 3 (Reuters) - Axita Cotton Ltd AXIA.NS:
INDIA'S AXITA COTTON LTD SEPT-QUARTER TOTAL PROFIT 65.1 MILLION RUPEES VERSUS PROFIT 22.9 MILLION RUPEES
AXITA COTTON LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.89 BILLION RUPEES VERSUS 916.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4yWkl
Further company coverage: AXIA.NS
(([email protected];))
Nov 3 (Reuters) - Axita Cotton Ltd AXIA.NS:
INDIA'S AXITA COTTON LTD SEPT-QUARTER TOTAL PROFIT 65.1 MILLION RUPEES VERSUS PROFIT 22.9 MILLION RUPEES
AXITA COTTON LTD SEPT-QUARTER REVENUE FROM OPERATIONS 3.89 BILLION RUPEES VERSUS 916.4 MILLION RUPEES
Source text for Eikon: ID:nBSE4yWkl
Further company coverage: AXIA.NS
(([email protected];))
Axita Cotton Says Re-Appoints Nitinbhai Govindbhai Patel As Chairman Cum MD
Sept 4 (Reuters) - Axita Cotton Ltd AXIA.NS:
RE-APPOINTS NITINBHAI GOVINDBHAI PATEL AS CHAIRMAN CUM MD
Source text for Eikon: ID:nBSE44ly3m
Further company coverage: AXIA.NS
(([email protected];;))
Sept 4 (Reuters) - Axita Cotton Ltd AXIA.NS:
RE-APPOINTS NITINBHAI GOVINDBHAI PATEL AS CHAIRMAN CUM MD
Source text for Eikon: ID:nBSE44ly3m
Further company coverage: AXIA.NS
(([email protected];;))
India's Axita Cotton June-Quarter Net PAT Rises
Aug 8 (Reuters) - Axita Cotton Ltd AXIA.NS:
INDIA'S AXITA COTTON JUNE-QUARTER NET PAT 57.5 MILLION RUPEES VERSUS PROFIT 44.5 MILLION RUPEES
AXITA COTTON JUNE-QUARTER REVENUE FROM OPERATIONS 2.28 BILLION RUPEES VERSUS 2.05 BILLION RUPEES
Source text for Eikon: ID:nBSE4tr5sV
Further company coverage: AXIA.NS
(([email protected];))
Aug 8 (Reuters) - Axita Cotton Ltd AXIA.NS:
INDIA'S AXITA COTTON JUNE-QUARTER NET PAT 57.5 MILLION RUPEES VERSUS PROFIT 44.5 MILLION RUPEES
AXITA COTTON JUNE-QUARTER REVENUE FROM OPERATIONS 2.28 BILLION RUPEES VERSUS 2.05 BILLION RUPEES
Source text for Eikon: ID:nBSE4tr5sV
Further company coverage: AXIA.NS
(([email protected];))
India's Axita Cotton up ahead of board meeting to consider share buyback
** Shares of Axita Cotton Ltd AXIA.NS up as much as 4.94% to 28.7 rupees
** Co on track for second consecutive session of gains if trends hold
** AXIA said in an exchange filing that it will consider proposal for buyback of equity shares on May 23
** Co below its 50-, 100-, and 200-day exponential moving averages since May 4, indicating bearish sentiment
** Co's RSI is below 30 since May 3, indicating a near-term oversold trend
** About 1.99 million shares change hands as of 12:54 p.m. IST, 0.3x 30-day average
** As of last close, stock down 45.1% this year but is up 50% since close of first trading day on June 21, 2022
(Reporting by Manvi Pant in Bengaluru)
(([email protected];))
** Shares of Axita Cotton Ltd AXIA.NS up as much as 4.94% to 28.7 rupees
** Co on track for second consecutive session of gains if trends hold
** AXIA said in an exchange filing that it will consider proposal for buyback of equity shares on May 23
** Co below its 50-, 100-, and 200-day exponential moving averages since May 4, indicating bearish sentiment
** Co's RSI is below 30 since May 3, indicating a near-term oversold trend
** About 1.99 million shares change hands as of 12:54 p.m. IST, 0.3x 30-day average
** As of last close, stock down 45.1% this year but is up 50% since close of first trading day on June 21, 2022
(Reporting by Manvi Pant in Bengaluru)
(([email protected];))
India's Axita Cotton March-Quarter Net PAT Falls
April 28 (Reuters) - Axita Cotton Ltd AXIA.NS:
MARCH-QUARTER NET PAT 56 MILLION RUPEES VERSUS 63.2 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 1.26 BILLION RUPEES VERSUS 2.86 BILLION RUPEES
Source text for Eikon: ID:nBSE2wbMfc
Further company coverage: AXIA.NS
(([email protected];))
April 28 (Reuters) - Axita Cotton Ltd AXIA.NS:
MARCH-QUARTER NET PAT 56 MILLION RUPEES VERSUS 63.2 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 1.26 BILLION RUPEES VERSUS 2.86 BILLION RUPEES
Source text for Eikon: ID:nBSE2wbMfc
Further company coverage: AXIA.NS
(([email protected];))
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What does Axita Cotton do?
Axita Cotton Limited is a well-known company in the textile industry, specializing in ginning and pressing of seed cotton, production of cotton bales, yarns, and seeds, as well as trading in related products. Based in Kadi, Gujarat.
Who are the competitors of Axita Cotton?
Axita Cotton major competitors are Cheviot Company, Scarnose Internatl., Gloster, Riddhi Siddhi Gluco, Uma Expo, ABans Enterprises, Raghuvansh Agro. Market Cap of Axita Cotton is ₹348 Crs. While the median market cap of its peers are ₹265 Crs.
Is Axita Cotton financially stable compared to its competitors?
Axita Cotton seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Axita Cotton pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Axita Cotton latest dividend payout ratio is 25.66% and 3yr average dividend payout ratio is 16.02%
How has Axita Cotton allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Short Term Loans & Advances
How strong is Axita Cotton balance sheet?
Balance sheet of Axita Cotton is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Axita Cotton improving?
The profit is oscillating. The profit of Axita Cotton is ₹7.9 Crs for TTM, ₹20.34 Crs for Mar 2024 and ₹17.04 Crs for Mar 2023.
Is the debt of Axita Cotton increasing or decreasing?
The debt of Axita Cotton is decreasing. Latest debt of Axita Cotton is -₹20.73 Crs as of Sep-24. This is less than Mar-24 when it was ₹8.39 Crs.
Is Axita Cotton stock expensive?
Axita Cotton is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Axita Cotton is 44.04, while 3 year average PE is 40.03. Also latest EV/EBITDA of Axita Cotton is 30.25 while 3yr average is 32.49.
Has the share price of Axita Cotton grown faster than its competition?
Axita Cotton has given lower returns compared to its competitors. Axita Cotton has grown at ~-51.36% over the last 2yrs while peers have grown at a median rate of -0.72%
Is the promoter bullish about Axita Cotton?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Axita Cotton is 41.93% and last quarter promoter holding is 41.93%.
Are mutual funds buying/selling Axita Cotton?
There is Insufficient data to gauge this.