Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Amit International's primary business involves the international export of socks. The company also maintains a diverse trading operation, dealing in various textiles, including fabrics, ready-to-wear garments, yarn, hosiery, cotton and blended socks, vests, underwear, and other knitted materials. Their textile range encompasses products made from silk, art-silk, rayon, staple and synthetic fibers, cotton, wool, flax, hemp, and jute. Furthermore, the firm's trading activities extend to diamonds and brass cable wiping. Established on February 18, 1994, Amit International is based in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.