What is the Share Price of Axita Cotton Ltd?
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The share price of Axita Cotton Ltd for NSE is ₹ 10 and for BSE is ₹ 10.
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As of the latest trading session, AXITA COTTON LIMITED share price is currently at ₹ 10, which is up by ₹ 0.00 from its previous closing. Today, the stock has fluctuated between ₹ 10.00 and ₹ 10.16. Over the past year, AXITA COTTON LIMITED has achieved a return of -41.16 %. In the last month alone, the return has been 0.00 %. Read More...
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
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Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
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Axita Cotton Limited was incorporated as Private Limited Company with the name 'Axita Cotton Private Limited' at Ahmedabad on July 16, 2013. Consequent up on the conversion of the Company from Private Limited Company to Public Limited Company, the name of the Company was changed to 'Axita Cotton Limited' on October 15, 2018. The Company is engaged in the business of manufacturing, trading, processing and finishing of cotton bales.
Before incorporating the company, the Promoters, Mr. Nitinbhai Govindbhai Patel and Mr. Amitkumar Govindbhai Patel along with other relatives started business under a Partnership Firm named, Aditya Oil Industries in 2007. It was formed to start business of production and trading of Seed cotton (Kapas), Cotton Seed, Cotton Seed Oil, Cotton cake etc and for which land admeasuring area of 5708 Square Meters was acquired at Chattral, Kadi Road, Mehsana. There were 6 oil expeller installed for producing cotton seed oil in Aditya Oil Industries and the firm has an annual capacity of producing approximately 3153.6 MT/ Per annum of cotton seed oil. After two years, firm was successful in making good profits from production and selling cotton seed oil, promoters expanded business by adding corn oil to their product portfolio by installing machineries for corn oil production in the same space of land. In the year 2011, firm acquired land adjacent to existing land at Kadi and set up the cotton Ginning and Pressing Plant, having installed capacity of processing 26280 MT/ Per annum of seed cotton.
After gaining experience of 2 years in cotton industry, the promoters acquired land admeasuring area of 9961 Square Meters at Kadi, Mahesana and floated the company in 2013. The company was established with the main aim of conducting business of Ginning and Pressing of seed cotton ('Kapas'). The Company has installed 48 Ginning and Pressing machines which is having capacity of processing 87,600 MT/Per annum of seed cotton. This plant is equipped with modern and automatic plant and machinery.
The Company is producing cotton bales and cotton seeds. It is producing mainly two varieties of cotton bales namely Shankar-6 and MCU-5/MECH. The production facility of the Company is situated at Kadi in Mahesana District of Gujarat state which is close to cotton growing areas of Maharashtra, Saurashtra and other regions of Gujarat. The Company is also registered under Textile Certification Global Organic Textile Standard (GOTS) Standard.
Then after in 2015, under leadership of one of the Promoter - Mr. Kushal Nitinbhai Patel started exporting its products through merchandise exporters. From Financial year 2016-2017 onwards, the company also commenced exporting its products directly to few countries namely Pakistan, Bangladesh and Vietnam. During the FY 2016, the promoters again floated a new private limited company named, Axita Exports Private Limited (AEPL), a group company, which was incorporated with the aim of exporting of cotton bales to various countries. AEPL exports cotton bales in Bangladesh, Vietnam, China and Pakistan, purchased from Axita Cotton and also exports locally purchased cotton bales from other suppliers.
In 2021, the Company entered into Sustainable Cotton Farming. In 2022-23, the Company introduced Cotton Yarn in the Product basket.
The share price of Axita Cotton Ltd for NSE is ₹ 10 and for BSE is ₹ 10.
The market cap of Axita Cotton Ltd for NSE is ₹ 3,48.10 Cr. and for BSE is ₹ 0.0 Cr. as of now.
The 52 Week High and Low of Axita Cotton Ltd for NSE is ₹ 21.34 and ₹ 9.70 and for BSE is ₹ 21.34 and ₹ 9.61.
You can trade in Axita Cotton Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -44.32%.
Axita Cotton Ltd share price is for NSE ₹ 10 & for BSE ₹ 10 as on Apr 25 2025 03:30 PM.
The market cap of Axita Cotton Ltd for NSE ₹ 3,48.10 & for BSE ₹ 0.0 as on Apr 25 2025 03:30 PM.
As on Apr 25 2025 03:30 PM the price-to-earnings (PE) ratio for Axita Cotton Ltd share is 43.48.
As on Apr 25 2025 03:30 PM, the price-to-book (PB) ratio for Axita Cotton Ltd share is 1.97.
You can trade in Axita Cotton Ltd shares with Bajaj Broking by opening a demat account.
To buy Axita Cotton Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Axita Cotton Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
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