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Ashapura Minechem Ltd (ASHAPURMIN)

₹359.92.62%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹358.4
    ₹373.8
  • 52 Week's Low

    52 Week's High

    ₹125.05
    ₹483.2
1 Month Return-7.59 %
3 Month Return+ 10.53 %
1 Year Return+ 175.62 %
Previous Close₹369.60
Open₹370.50
Volume1.71L
Upper Circuit-
Lower Circuit-
Market Cap₹3,381.33Cr

Key Statistics

P/E Ratio11.78
PEG Ratio0.62
Market Cap₹3,381.33 Cr
P/B Ratio41.16
EPS11.99

Mutual Fund Holdings

Funds HoldingsPrev. 5M
Quant Commodities Fund Direct GrowthQuant Commodities Fund Direct Growth2.15%

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: ₹359.90 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹3,381.33Cr as of today
Revenue: ₹440.08Cr as on March 2024 (Q1 24)
Net Profit: ₹60.89Cr as on March 2024 (Q1 24)
Listing date: 10 May, 1995
Chairperson Name: Chetan Shah
OrganisationAshapura Minechem Ltd
Headquarters
IndustryMining & Mineral products
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Key events for Ashapura Minechem Ltd

  • Ashapura Minechem Ltd's Share Price Increases by 26% in a Month - 14 Jun, 2024

    Ashapura Minechem Ltd's share price has increased by 26% in the last month and 224% in the last year. However, the company's earnings growth has been undesirable, with EPS falling 42% from three years ago. The market is predicted to deliver 25% growth in the next 12 months, which could lead to further downward momentum for the company's share price.

  • Ashapura Minechem Ltd: Insiders and Top 5 Shareholders Own Majority Stake - 12 Jun, 2024

    Insiders and the top 5 shareholders own a majority stake in Ashapura Minechem Ltd, with individual investors owning 35% and private equity firms owning 5.2%. Retail investors cannot be ignored.

  • Ashapura Minechem Reports Strong YoY Growth in Net Sales and Profit - 04 Jun, 2024

    Ashapura Mine Standalone March 2024 net sales at Rs. 78.65 crore, up 68.44% YoY. Quarterly net profit at Rs. 68.34 crore in March 2024, up 802.07% from March 2023. EPS increased to Rs. 7.47 in March 2024 from Rs. 0.83 in March 2023. Ashapura Mine shares closed at 384.20 on June 03, 2024 (BSE) and have given -3.75% returns over the last 6 months and 209.84% over the last 12 months.

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.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 56.35 Cr → 68.52 Cr (in ₹), with an average increase of 17.8% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 45.33% to 45.39% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ASHAPURMIN has outperformed top 5 stocks with highest market-cap in Diversified Mining

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ASHAPURMIN has outperformed top 5 stocks with highest market-cap in Diversified Mining

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.13% to 0.36% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ASHAPURMIN stock has moved down by -6.3%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 751.65 Cr → 498.8 Cr (in ₹), with an average decrease of 33.6% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 36.91% to 36.87% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 17.57% to 17.20% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹440.08Cr
↓38.29%
Net Income
₹60.89Cr
↑32.23%
Net Profit Margin
13.84%
↑114.24%
2023Y/Y Change
Revenue
₹1,830.85Cr
↑43.28%
Net Income
₹109.73Cr
↑26.81%
Net Profit Margin
5.99%
↓11.52%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹586.98Cr
↓9.20%
Total Liabilities
₹552.38Cr
↓9.43%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹41.70Cr
↑0.51%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
45.39%
0.00
Foreign Institutions
17.2%
0.00
Mutual Funds
0.36%
0.00
Retail Investors
36.87%
0.00
Others
0.18%
0.00

Key Indicators

Ashapura Minechem Ltd Valuation

Ashapura Minechem Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-20.14x)

January 18, 2018

Today (11.78x)

July 16, 2024

Industry (25.45x)

July 16, 2024

Highest (28.97x)

December 30, 2022

LowHigh

Earnings and Dividends

  • Ashapura Minechem Ltd Earnings Results

    Ashapura Minechem Ltd’s net profit jumped 71.47% since last year same period to ₹68.52Cr in the Q4 2023-2024. On a quarterly growth basis, Ashapura Minechem Ltd has generated 21.6% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Ashapura Minechem Ltd Dividends May,2022

    In the quarter ending March 2022, Ashapura Minechem Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.27%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Ashapura Minechem Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Ashapura Minechem Ltd (ASHAPURMIN) share price today is ₹359.9

Ashapura Minechem Ltd is listed on NSE

Ashapura Minechem Ltd is listed on BSE

  • Today’s highest price of Ashapura Minechem Ltd is ₹373.8.
  • Today’s lowest price of Ashapura Minechem Ltd is ₹358.4.

PE Ratio of Ashapura Minechem Ltd is 11.78

PE ratio = Ashapura Minechem Ltd Market price per share / Ashapura Minechem Ltd Earnings per share

Today’s traded volume of Ashapura Minechem Ltd(ASHAPURMIN) is 1.71L.

Today’s market capitalisation of Ashapura Minechem Ltd(ASHAPURMIN) is ₹3381.33Cr.

Ashapura Minechem Ltd(ASHAPURMINPrice
52 Week High
₹483.2
52 Week Low
₹125.05

Ashapura Minechem Ltd(ASHAPURMIN) share price is ₹359.9. It is down -25.52% from its 52 Week High price of ₹483.2

Ashapura Minechem Ltd(ASHAPURMIN) share price is ₹359.9. It is up 187.80% from its 52 Week Low price of ₹125.05

Ashapura Minechem Ltd(ASHAPURMINReturns
1 Day Returns
-9.7%
1 Month Returns
-7.59%
3 Month Returns
10.53%
1 Year Returns
175.62%