Alankit Share Price settled above 10%

Alankit share price settled above 10 per cent at Rs. 59.70. The stock was trading at Rs. 59.85, up by 5.60 points. The scrip opened at Rs. 54.50 and has touched a high and low of Rs. 63.60 and Rs. 54.05, respectively. So far 7,52,621 shares are traded on the counter with a traded value of Rs. 426.66 lacs, as per NSE.

Leverage Ratios:

	FY16	FY15	FY14	FY13	FY12
Debt to Equity Ratio (x)	-	-	-	-	-
Interest Coverage (x)	169.67	-	-	-87	-

Turnover Ratios:

	FY16	FY15	FY14	FY13	FY12
Asset T/O (x)	0.77	0.2	0.25	1.89	2
Inventory T/O (x)	22.75	3.79	0.99	4.44	5.68
Debtor T/O (x)	9.59	12.63	4.88	6.53	5.83

Shareholding:

Category	No. of Shares	Percentage
Promoters	17,400,000	24.34
Others	45,663,472	63.88
General Public	8,399,540	11.75
Financial Institutions	16,038	0.02

Alankit Ltd belongs to the Gems and Jewellery sector, having a market capitalization of Rs. 390.28 crores. It has clocked sales of Rs. 18.62 crores and a net profit of Rs. 1.64 crores for the quarter ended 30th September 2016. The company management includes Yash Jeet Basrar (Independent Director), Pradip Kumar Banerji (Independent Director), Shyam Kishore Lal (Independent Director), Ankit Agrawal (Managing Director), Preeti Puri (Whole-time Director) among others.

Alankit is analyzed by Dynamic Levels as the top 500 performing stocks for this quarter among the 1700 stocks which are listed on the NSE. Alankit is fundamentally strong and is safe for investment, as per Dynamic analysts.

In order to know about the support and resistance levels of the scrip and also its fundamentals and financials, please a pay a visit to Alankit share price history.