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Acknit Industries
304.
00
-304.00
(-100.00%)
Market Cap
₹92.40 Cr
PE Ratio
10.60
Industry
Textiles
Buy
Sell
Company Performance:
1D
-100.00%
1M
-100.00%
6M
-100.00%
1Y
-100.00%
5Y
-100.00%
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Latest news about Acknit Industries
Acknit Industries to Close Segment of Falta SEZ Unit Amid US Tariff Challenges
Oct 25, 2025
Acknit Industries Limited has decided to close operations at one segment of its manufacturing unit in Falta Special Economic Zone (SEZ) Unit-1. The closure, approved by the Board on October 24, 2025, is due to increased US tariffs and lack of fresh orders from other countries. The company assures that the impact on overall performance will be minimal, with insignificant effects on revenue, net worth, and profitability. Management is implementing measures to substitute manufacturing output through viable alternatives. The exact closure date is pending approval from appropriate authorities. Operations will continue in unaffected areas of the unit.
Acknit Industries Expands Manufacturing Facilities, Approves Q1 FY2026 Results
Aug 04, 2025
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