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Ashapura Minechem Ltd

Ashapura Minechem Ltd (ASHAPURMIN)

₹345.2▲5.36%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Ashapura Minechem Ltd share Performance

₹328.5
₹353.85
₹345.2
4.84%
Low
Day's Volatility:7.34%
High
2.51%
₹116.5
₹483.2
₹345.2
66.25%
Low
52 Weeks Volatility:106.23%
High
39.98%

Returns %
1 Month Return	-2.64 %
3 Month Return	-10.07 %
1 Year Return	123.04 %

Market Stats
Previous Close	₹327.65
Open	₹328.75
Volume	3.89L
Upper Circuit	-
Lower Circuit	-
Market Cap	₹2,997.54Cr

Company Information

Ashapura Minechem Ltd is one of India's leading integrated minechem organizations. Incorporated in the year 1984, the company's operations include mining, processing, and exporting of industrial minerals and mineral-based products. It is among India's largest exporter of bentonite, bauxite, and other minerals. The company also produces a wide range of products such as calcined bauxite, kaolin clay, calcined clay, bentonite, and other industrial minerals.

The popular brands of Ashapura Minechem Ltd are Ashapura Bentonite, Ashapura Kaolin, and Ashapura Calcined Bauxite. These brands are widely used in various industries such as oil and gas, paint, paper, rubber, and ceramics.

Share Price: ₹345.20 per share as on 15 May, 2024 04:01 PM
Market Capitalisation: ₹2,997.54Cr as of today
Revenue: ₹713.10Cr as on December 2023 (Q4 23)
Net Profit: ₹46.05Cr as on December 2023 (Q4 23)
Listing date: 10 May, 1995
Chairperson Name: Chetan Shah

Organisation	Ashapura Minechem Ltd
Headquarters
Industry	Mining & Mineral products
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Key events for Ashapura Minechem Ltd

Ashapura Minechem's ROE Higher Than Industry Average - 13 Mar, 2024
Ashapura Minechem has a higher than industry average return on equity (ROE) of 32% and impressive earnings growth due to heavy reinvestment. If the company continues to grow its earnings, it could have a positive impact on its share price.

Fundamentals of Ashapura Minechem Ltd

Insights on Ashapura Minechem Ltd

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

POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 0.13% to 0.36% in Mar 2024 quarter
POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 45.33% to 45.39% in Mar 2024 quarter
POSITIVE IMPACT
Price Rise
In the last 7 days, ASHAPURMIN stock has moved up by 3.3%
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 586.15 Cr → 751.65 Cr (in ₹), with an average increase of 22.0% per quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, ASHAPURMIN has outperformed top 5 stocks with highest market-cap in Diversified Mining
NO EFFECT
Against Peers
In the last 1 year, MMTC Ltd has given 136.9% return, outperforming this stock by 13.9%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 36.91% to 36.87% in Mar 2024 quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 102.81 Cr → 56.35 Cr (in ₹), with an average decrease of 23.7% per quarter
NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 17.57% to 17.20% in Mar 2024 quarter