530043.BO Stock Analysis
53
Avoid
Based on Eyestock quantitative analysis, 530043.BO`s fundamental data and valuation indicate an investment grade of Avoid at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Greatly overvalued
Acknit Industries Ltd. engages in the manufacture and sale of industrial hand gloves, garments and safety wears. The company is headquartered in Kolkata, West Bengal. Its segments include Hand Gloves, Garment, Power generation, and Others & traded items. Its Hand Gloves segment includes manufacturing hand gloves of various materials and diverse qualities for industrial safety modules for both export and domestic markets. Its Garment segment includes manufacturing of both industrial safety garments and readymade garments in bulk for both export as well as for domestic markets. Its Power generation segment includes the operation of windmills to supply on a commercial basis. Its Others & traded items segment includes procurement, part processing and supply of nonconventional industrial safety gears in the domestic market and in export. The company offers a range of gloves, including Cut & Sewn dipped gloves, Knitted Gloves, and Canadian Gloves. The company provides a range of garments, such as leather garments and readymade garments.