AKI India Shares Surge 80% in 5 Days

Shares of leather products industry company AKI India have surged 80 percent in the last five days. On Friday, the company's shares rose 10 percent to reach ₹7.28 on the BSE. During this period, the company's market cap crossed ₹75 crore.

On August 31, 2026, AKI India's shares were at ₹4.05. Since then, investors have flocked to this 'cheap' stock, and on Friday, buy orders for over five lakh shares were pending. The company's shares showed continuous gains hitting the upper circuit repeatedly.

The company's shares have a 52-week high of ₹10.42 and a low of ₹3.72. In July 2022, the company issued bonus shares to its investors in a 3:10 ratio. In June 2023, the company split its ₹10 face value shares into five shares of ₹2 face value each.

In the first quarter of the current financial year, the company's profit rose 121.66 percent year-on-year to ₹0.51 crore, compared to ₹0.23 crore in the same period last year.