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Akshar Spintex (BOM:541303) Market Cap : ₹783 Mil (As of Jun. 09, 2024)


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What is Akshar Spintex Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Akshar Spintex's share price for the quarter that ended in Mar. 2024 was ₹2.21. Akshar Spintex's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 300 Mil. Therefore, Akshar Spintex's market cap for the quarter that ended in Mar. 2024 was ₹663 Mil.

Akshar Spintex's quarterly market cap declined from Sep. 2023 (₹1,565 Mil) to Dec. 2023 (₹1,090 Mil) and declined from Dec. 2023 (₹1,090 Mil) to Mar. 2024 (₹663 Mil).

Akshar Spintex's annual market cap increased from Mar. 2022 (₹1,400 Mil) to Mar. 2023 (₹1,524 Mil) but then declined from Mar. 2023 (₹1,524 Mil) to Mar. 2024 (₹663 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Akshar Spintex's Enterprise Value for Today is ₹973 Mil.


Akshar Spintex Market Cap Historical Data

The historical data trend for Akshar Spintex's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Akshar Spintex Market Cap Chart

Akshar Spintex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.49 232.49 1,399.94 1,524.19 662.97

Akshar Spintex Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,524.19 1,645.43 1,564.94 1,089.96 662.97

Competitive Comparison of Akshar Spintex's Market Cap

For the Textile Manufacturing subindustry, Akshar Spintex's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akshar Spintex's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's Market Cap distribution charts can be found below:

* The bar in red indicates where Akshar Spintex's Market Cap falls into.



Akshar Spintex Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Akshar Spintex's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹2.21*299.988
=₹663

Akshar Spintex's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹2.21*299.988
=₹663

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Akshar Spintex  (BOM:541303) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Akshar Spintex Market Cap Related Terms

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Akshar Spintex (BOM:541303) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

Akshar Spintex (BOM:541303) Headlines

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