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Ashnisha Industries Ltd

Ashnisha Industries Ltd (541702)

₹6.89▲0.88%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Ashnisha Industries Ltd share Performance

₹6.49
₹6.98
₹6.89
5.81%
Low
Day's Volatility:7.11%
High
1.31%
₹5.73
₹25.72
₹6.89
16.84%
Low
52 Weeks Volatility:290.13%
High
273.29%

Returns %
1 Month Return	+ 1.19 %
3 Month Return	-17.21 %
1 Year Return	-56.41 %

Market Stats
Previous Close	₹₹6.83
Open	₹₹6.70
Volume	₹3.30L
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹68.98Cr

Company Information

Ashnisha Industries Limited, formerly known as Ashnisha Alloys Limited, was incorporated in July 2009 with a focus on steel and steel Alloy production and trading. In addition, the Company is involved in electronics goods trading and investment activities. Operating over a decade in the sector, Ashnisha Industries is now a trusted name in the market, providing a range of reliable and quality steel and alloy products. It believes in ethical and sustainable business practices, focusing on customer satisfaction to ensure continuous growth for stakeholders. With an experienced team of professionals, the Company strives to provide tailor-made solutions to cater to the needs of its customers. Ashnisha Industries Limited has steadily grown over the years, with a turnover of around ₹ 160 crore for the year ending Mar 20. With an aim to grow robustly, the Company continues to focus on expanding its steel and alloy production as well as diversifying its portfolio.

Share Price: ₹6.89 per share as on 17 May, 2024 04:01 PM
Market Capitalisation: ₹68.98Cr as of today
Revenue: ₹1.06Cr as on December 2023 (Q4 23)
Net Profit: ₹0.20Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001

Organisation	Ashnisha Industries Ltd
Headquarters
Industry	Trading
E-voting on shares	Click here to vote

Key events for Ashnisha Industries Ltd

Ashnisha Industries Ltd's Roller-Coaster Ride - 16 Apr, 2024
Micro-cap company Ashnisha Industries' stock price has fluctuated significantly in the last 18 months, rising and then faltering. A close evaluation of earnings and shareholding patterns reveals how retail investors may have been affected.

Fundamentals of Ashnisha Industries Ltd

Insights on Ashnisha Industries Ltd

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

POSITIVE IMPACT
Price Rise
In the last 7 days, Ashnisha Indus. stock has moved up by 13.8%
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 73.43% to 82.65% in Mar 2024 quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, Ashnisha Indus. has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 149.8% return, outperforming this stock by 206.2%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 3 quarters, 0.31 Cr → 0.2 Cr (in ₹), with an average decrease of 19.6% per quarter
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 26.57% to 17.35% in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 4 quarters, 10.58 Cr → 1.22 Cr (in ₹), with an average decrease of 43.8% per quarter