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Asahi India Glass Ltd Share Price (ASAHIINDIA)

₹586.90.14%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Asahi India Glass Ltd

Key events for Asahi India Glass Ltd

  • Asahi India Glass Records Surge in Volume and Stock Price - 05 Apr, 2024

    Asahi India Glass Ltd experienced significant increases in trading volumes on both NSE and BSE, with the stock price rising by over 7%.

  • Asahi India Glass Stock Increases by 4.8% in a Week - 04 Apr, 2024

    Asahi India Glass stock has increased by 4.8% over the past week, prompting an investigation into the company's financial performance and return on equity (ROE). ROE is an important factor for shareholders as it reveals how effectively their capital is being reinvested.

  • Asahi India Glass Ltd's High P/E Ratio May Cause Shareholders to be Nervous - 13 Mar, 2024

    Asahi India Glass Ltd has a high P/E ratio of 38.9x, which may cause existing shareholders to be nervous about the viability of the share price. The company's declining earnings and unsatisfying short-term performance suggest that investors may be setting themselves up for disappointment if the P/E falls to levels more in line with the growth outlook.

Analyst Rating for Asahi India Glass Ltd stock

based on 2 analysts

HOLD
50.00%
Buy
0.00%
Hold
50.00%
Sell

Based on 2 analysts offering long term price targets for Asahi India Glass Ltd. An average target of ₹521

Source: S&P Global Market Intelligence

Asahi India Glass Ltd share Performance

  • ₹566.15
    ₹596.55
    ₹586.9
    downward going graph

    3.54%

    Downside

    Day's Volatility:5.18%

    Upside

    1.64%

    downward going graph
  • ₹445.45
    ₹651
    ₹586.9
    downward going graph

    24.10%

    Downside

    52 Weeks Volatility:35.02%

    Upside

    10.92%

    downward going graph
1 Month Return15.36 %
3 Month Return4.68 %
1 Year Return24.7 %
Previous Close₹587.75
Open₹575.10
Volume1.36L
Upper Circuit-
Lower Circuit-
Market Cap₹14,288.20Cr

Asahi India Glass Ltd Company Information

Asahi India Glass Ltd (AIS) is one of the largest integrated glass solutions companies in India. Incorporated in 1984, AIS has been a pioneer in the Indian glass industry, providing innovative solutions to its customers.

AIS offers a comprehensive portfolio of products, ranging from automotive windshields, side and rear windows, architectural glass, and consumer glassware. The company's popular brands include Asahi Glass, Asahi India, and Asahi Super Clear. Asahi Glass is the flagship brand of the company, and is renowned for its superior quality, safety and durability.

AIS also offers a variety of services, such as glass processing, glass tempering, glass lamination, and glass printing. The company has a well-established network of over 2000 channel partners and distributors across India, and has a presence in over 50 countries.

Share Price: ₹586.90 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹14,288.20Cr as of today
Revenue: ₹1,036.86Cr as on December 2023 (Q4 23)
Net Profit: ₹62.64Cr as on December 2023 (Q4 23)
Listing date: 18 Mar, 1998
Chairperson Name: Sanjay Labroo
OrganisationAsahi India Glass Ltd
HeadquartersGurgaon
IndustryGlass & Glass Products
E-voting on sharesClick here to vote

Fundamentals of Asahi India Glass Ltd

Insights on Asahi India Glass Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 3.68% to 3.70% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.83% to 1.91% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, ASAHIINDIA stock has moved up by 15.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 260.6% return, outperforming this stock by 177.9%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 104.2% return, outperforming this stock by 79.5%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.12K Cr → 1.04K Cr (in ₹), with an average decrease of 7.3% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 103.82 Cr → 63.36 Cr (in ₹), with an average decrease of 21.7% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 40.25% to 40.15% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 54.24% to 54.23% in Dec 2023 quarter

Asahi India Glass Ltd Valuation

Asahi India Glass Ltd in the last 5 years

  • Overview

  • Trends

Lowest (21.89x)

May 18, 2020

Today (44.22x)

April 12, 2024

Industry (69.98x)

April 12, 2024

Highest (114.94x)

December 7, 2020

LowHigh

Asahi India Glass Ltd Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.31%
Mahindra Manulife Small Cap Fund Direct GrowthMahindra Manulife Small Cap Fund Direct Growth0.59%
Mahindra Manulife Business Cycle Fund Direct GrowthMahindra Manulife Business Cycle Fund Direct Growth1.35%
Nippon India Nifty Smallcap 250 Index Fund Dir GrNippon India Nifty Smallcap 250 Index Fund Dir Gr0.4%
Mahindra Manulife Equity Savings Fund Direct GrowthMahindra Manulife Equity Savings Fund Direct Growth0.72%

Asahi India Glass Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
54.23%
-0.01
Foreign Institutions
3.7%
0.67
Mutual Funds
1.91%
4.03
Retail Investors
40.15%
-0.23
Others
0.01%
-30.77

Technicals of Asahi India Glass Ltd share

News & Events of Asahi India Glass Ltd

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Asahi India Glass Ltd shares.

Asahi India Glass Ltd (ASAHIINDIA) share price today is ₹586.9

Asahi India Glass Ltd is listed on NSE

Asahi India Glass Ltd is listed on BSE

  • Today’s highest price of Asahi India Glass Ltd is ₹596.55.
  • Today’s lowest price of Asahi India Glass Ltd is ₹566.15.

PE Ratio of Asahi India Glass Ltd is 44.22

PE ratio = Asahi India Glass Ltd Market price per share / Asahi India Glass Ltd Earnings per share

Today’s traded volume of Asahi India Glass Ltd(ASAHIINDIA) is 1.36L.

Today’s market capitalisation of Asahi India Glass Ltd(ASAHIINDIA) is ₹14288.2Cr.

Asahi India Glass Ltd(ASAHIINDIAPrice
52 Week High
₹651
52 Week Low
₹445.45

Asahi India Glass Ltd(ASAHIINDIA) share price is ₹586.9. It is down -9.85% from its 52 Week High price of ₹651

Asahi India Glass Ltd(ASAHIINDIA) share price is ₹586.9. It is up 31.75% from its 52 Week Low price of ₹445.45

Asahi India Glass Ltd(ASAHIINDIAReturns
1 Day Returns
-0.85%
1 Month Returns
15.36%
3 Month Returns
4.68%
1 Year Returns
24.7%