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- SPORTKING
SPORTKING
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Forensics
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- 1M
- 6M
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This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Sportking India hits record high on upbeat Q1 earnings
** Shares of Sportking India SPOT.NS jump 16.2% to a record high at 1,162 rupees
** Textile firm reports 75% y/y rise in Q1 profit, rev from ops up ~18%
** Stock sees best one-day gain since Jan 2023, logged seventh straight weekly rise until Friday
** Including session's gains, stock is up ~42% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Shares of Sportking India SPOT.NS jump 16.2% to a record high at 1,162 rupees
** Textile firm reports 75% y/y rise in Q1 profit, rev from ops up ~18%
** Stock sees best one-day gain since Jan 2023, logged seventh straight weekly rise until Friday
** Including session's gains, stock is up ~42% YTD
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Sportking India Commenced Its Commercial Production Of 63072 Spindles At Its Manufacturing Unit In Bathinda
March 29 (Reuters) - Sportking India Ltd SPOT.NS:
COMMENCED ITS COMMERCIAL PRODUCTION OF 63072 SPINDLES AT ITS MANUFACTURING UNIT IN BATHINDA
Source text for Eikon: ID:nBSErMZB7
Further company coverage: SPOT.NS
(([email protected];))
March 29 (Reuters) - Sportking India Ltd SPOT.NS:
COMMENCED ITS COMMERCIAL PRODUCTION OF 63072 SPINDLES AT ITS MANUFACTURING UNIT IN BATHINDA
Source text for Eikon: ID:nBSErMZB7
Further company coverage: SPOT.NS
(([email protected];))
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Popular questions
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What does Sportking India do?
Sportking India Ltd began in 1977 manufacturing hosiery knitwear garments. In 2005, they launched a unit for fancy yarn and an institute for fashion education.
Who are the competitors of Sportking India?
Sportking India major competitors are Pashupati Cotspin, AB Cotspin India, Raj Rayon Industries, AYM Syntex, Jaybharat Textiles, Rajapalayam Mills, Ambika Cotton Mills. Market Cap of Sportking India is ₹1,157 Crs. While the median market cap of its peers are ₹972 Crs.
Is Sportking India financially stable compared to its competitors?
Sportking India seems to be less financially stable compared to its competitors. Altman Z score of Sportking India is 2.94 and is ranked 6 out of its 8 competitors.
Does Sportking India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sportking India latest dividend payout ratio is 9.03% and 3yr average dividend payout ratio is 9.03%
How has Sportking India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is Sportking India balance sheet?
Balance sheet of Sportking India is strong. But short term working capital might become an issue for this company.
Is the profitablity of Sportking India improving?
The profit is oscillating. The profit of Sportking India is ₹96 Crs for TTM, ₹70.35 Crs for Mar 2024 and ₹132 Crs for Mar 2023.
Is the debt of Sportking India increasing or decreasing?
The debt of Sportking India is decreasing. Latest debt of Sportking India is ₹486 Crs as of Sep-24. This is less than Mar-24 when it was ₹872 Crs.
Is Sportking India stock expensive?
Yes, Sportking India is expensive. Latest PE of Sportking India is 12.05, while 3 year average PE is 9.06. Also latest EV/EBITDA of Sportking India is 6.43 while 3yr average is 5.65.
Has the share price of Sportking India grown faster than its competition?
Sportking India has given lower returns compared to its competitors. Sportking India has grown at ~-11.43% over the last 3yrs while peers have grown at a median rate of 17.98%
Is the promoter bullish about Sportking India?
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 Sportking India is 74.36% and last quarter promoter holding is 74.36%.
Are mutual funds buying/selling Sportking India?
There is Insufficient data to gauge this.