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Acknit Industries (BOM:530043) Market Cap : ₹919 Mil (As of May. 31, 2024)


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What is Acknit Industries 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). Acknit Industries's share price for the quarter that ended in Mar. 2024 was ₹223.1. Acknit Industries's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3 Mil. Therefore, Acknit Industries's market cap for the quarter that ended in Mar. 2024 was ₹678 Mil.

Acknit Industries's quarterly market cap increased from Sep. 2023 (₹648 Mil) to Dec. 2023 (₹796 Mil) but then declined from Dec. 2023 (₹796 Mil) to Mar. 2024 (₹678 Mil).

Acknit Industries's annual market cap increased from Mar. 2022 (₹410 Mil) to Mar. 2023 (₹423 Mil) and increased from Mar. 2023 (₹423 Mil) to Mar. 2024 (₹678 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. Acknit Industries's Enterprise Value for Today is ₹1,496 Mil.


Acknit Industries Market Cap Historical Data

The historical data trend for Acknit Industries'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.

Acknit Industries Market Cap Chart

Acknit Industries 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 131.63 277.86 410.40 422.86 678.22

Acknit Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 422.86 497.34 647.52 796.48 678.22

Competitive Comparison of Acknit Industries's Market Cap

For the Footwear & Accessories subindustry, Acknit Industries'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.


Acknit Industries's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Acknit Industries's Market Cap falls into.



Acknit Industries 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.

Acknit Industries'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 )
=₹223.1*3.04
=₹678

Acknit Industries'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 )
=₹223.1*3.04
=₹678

* 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.


Acknit Industries  (BOM:530043) 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.


Acknit Industries Market Cap Related Terms

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Acknit Industries (BOM:530043) Business Description

Traded in Other Exchanges
N/A
Address
Ecostation, Block - BP, Plot No.7, Sector- V, 5th Floor, Suit No. 504, Salt Lake City, Kolkata, WB, IND, 700091
Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and Power generation segment. Most of the firm's revenue gets derived from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kelvlar leather gloves.

Acknit Industries (BOM:530043) Headlines

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