Support and Resistance Levels
Past performance
About Acknit Industries Ltd Acknit Industries Limited, founded in 1990 and formerly known as Acknit Knitting Limited, is a leading Indian manufacturer and exporter of seamless hand gloves and industrial garments. The company operates four key segments: cotton and synthetic gloves, leather gloves, other traded items, and power generation. Its product divisions include seamless gloves, leather goods, and industrial garments, with production in a Special Economic Zone (SEZ) to facilitate exports.
Acknit's glove division specializes in producing seamless gloves from materials such as cotton, polyamide, Kevlar, and Dyneema, with advanced dotting, PU, and nitrile coating facilities. The leather division manufactures various leather gloves and apparel, while the industrial garments division produces high-quality workwear from materials like cotton, polyester, and heat-resistant fabrics. Over 90% of Acknit's production is exported to Europe, and the company is recognized as an export house by the Indian government, demonstrating its significant role in international markets.