Kanani Industries Limited Share Price and Company Fundamentals
Last traded: Today at 9:52 AM
Kanani Industries Limited manufactures and exports diamond studded jewellery in India. The company was formerly known as IMP Finance Limited and changed its name to Kanani Industries Limited in October 2007. Kanani Industries Limited was incorporated in 1983 and is based in Mumbai, India.
|Industry / Sector||Luxury Goods / Consumer Cyclical|
|Full time employees||33|
|Mailing address||GE-1080, Bharat Diamond Bourse G-Block Bandra Kurla Complex Bandra (East) Mumbai 400051 India|
|Phone / Fax||91 22 4005 0222 / 91 22 3008 4000|
Kanani Industries Limited paid ₹0.00 dividend and the ex-dividend date was 26 July 2010.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.KANANIIND dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
KANANIIND's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
As of Dec 2022, following are the company executives and directors listed on Kanani Industries Limited.
|Mr. Premjibhai Devjibhai Kanani||Chairman & Whole-Time Director||63||499.2k|
|Mr. Harshil Premjibhai Kanani||MD & Exec. Director||38||501k|
|Mr. Darshak A. Pandya||Chief Financial Officer||36||420k|
|Hardik Gabani||Admin Mang.||35|
|Mr. Mehul S. Kundariya||Company Sec. & Compliance Officer||31||240k|
|Mahendrabhai K. Tandel||Operation Mang.||49|
Profitability and management effectiveness
Return on assets
Return on equity
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Kanani Industries Limited is and its enterprise value is .
The KANANIIND's stocks Beta value is 0.76 making it 24% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Kanani Industries Limited (NSE:KANANIIND) Frequently Asked Questions
1. What is Kanani Industries Limited's Stock Symbol?
Kanani Industries Limited trades on NSE under the ticker symbol "KANANIIND".
2. What is Kanani Industries Limited's stock price today?
One share of KANANIIND stock can currently be purchased for approximately ₹11.9.
3. How can I contact Kanani Industries Limited?
Kanani Industries Limited's mailing address is GE-1080, Bharat Diamond Bourse G-Block Bandra Kurla Complex Bandra (East) Mumbai 400051 India. The company can be reached via phone at 91 22 4005 0222.
4. What is Kanani Industries Limited's official website?
The official website of Kanani Industries Limited is https://www.kananiindustries.com.