Stay Updated: Akme Fintrade (India) Ltd Stock Price & Performance Analysis

Akme Fintrade (India) Ltd share price took a dip today, standing at Rs 128.50 as of 09:57 AM IST on June 27, 2024. This marked a decrease of 2.61% from the previous closing price of Rs 131.95. Looking back, the stock saw an upward trend in the last month, but let’s dive deeper into its performance.

Analyzing the stock, we find that Akme Fintrade (India) Ltd has a PE ratio of 34.72, a price to book value ratio of 1.62, and a dividend yield of 0.00. Additionally, the EPS for the trailing 12 months stands at Rs 3.69.

Moving on to market cap, Akme Fintrade (India) Ltd boasts a market capitalization of Rs 548 crore. In terms of 52-week performance, the stock hit a high of Rs 134.70 and a low of Rs 125.70.

Is Akme Fintrade (India) Ltd profitable? Yes, on a consolidated basis, the company reported a profit of Rs 5.61 crore on a total income of Rs 21.22 crore for the quarter ended in 2023. For the fiscal year ending in March 2023, the profit was Rs 5.61 crore on a total income of Rs 21.21 crore.

Who are Akme Fintrade (India) Ltd’s peers in the Financials sector? The top 5 peers include SIL Investments, Naperol Invest., Gretex Corporate, Nahar Capital, and Muthoot Cap.Serv.

Lastly, looking at the shareholding structure, we see that the promoter holding in Akme Fintrade (India) Ltd has remained stable at 56.01% as of June 2024.

In conclusion, Akme Fintrade (India) Ltd continues to navigate the market with its performance metrics and solid financials, making it a key player in the Financials sector.