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Automotive Stampings & Assemblies Ltd (ASAL)

₹982.050.57%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Performance

  • Day's Low

    Day's High

    ₹964
    ₹985
  • 52 Week's Low

    52 Week's High

    ₹325
    ₹1,008.9
1 Month Return+ 15.72 %
3 Month Return+ 79.76 %
1 Year Return+ 195.49 %
Previous Close₹976.45
Open₹984.00
Volume1.29L
Upper Circuit-
Lower Circuit-
Market Cap₹1,548.65Cr

Company Information

Automotive Stampings and Assemblies Ltd (ASA Ltd) is an Indian TACO group company that manufactures sheet metal stampings, welded assemblies, and modules for the automotive industry. The company has 4 facilities located across India (Bhosari, Maharashtra; Chakan, Maharashtra; Halol, Gujarat; and Pantngar, Uttarakhand). ASA Ltd provides an expansive product mix that can be classified into three categories: structural panels and skin panels for the vehicle body, BIW modules, and aggregates, which includes chassis subassemblies, under body, and oil sump and fuel tanks.

ASA Ltd began as JBM Tools Ltd in March 1990 and was promoted by the SK Arya group and Haryana State Industrial Infrastructure Development Corporation. In October 1990, JBM Tools began operations in Faridabad to develop dies, moulds, and tools for OEMs. In January 1994, they started manufacturing sheet metal components, and in March 1994 their shares were listed on the Bombay Stock Exchange. In December 1995 they set up a new manufacturing plant in Bhosari and, in February 1997, started another manufacturing operation in Halol.

In July 1997, TACO and TIL entered a 50-50 joint venture with the then promoter SKA. In August 1997, they entered a joint venture with South Korea's Sung Woo Metal Co Ltd and Japan's Mitsubishi Corporation, followed by a joint venture with the UK's Krupp Camford Ltd in December 1997. In January 1998, they set up a new plant in Chakan and began commercial operations.

In February 2007, ASA Ltd entered into a share purchase agreement with Gestamp Servicios S.L., and Gestamp Servicios S.L. became a joint promoter by acquiring a 37.49% stake. In December 2010, TACO acquired the entire stake of Gestamp and the company became a subsidiary of TACO. At present, ASA Ltd has 3 expansion projects underway, which are expected to be completed by the end of 2011 and March 2012, respectively. The company sells its products to prestigious customers like Tata Motors Ltd, General Motors, India Pvt Ltd, Fiat India Automobiles Ltd, John Deere Equipment Pvt Ltd, and also exports its products to Ford Motor Company Ltd UK.

Share Price: ₹982.05 per share as on 13 Jun, 2024 04:01 PM
Market Capitalisation: ₹1,548.65Cr as of today
Listing date: 18 Feb, 1998
OrganisationAutomotive Stampings & Assemblies Ltd
Headquarters
IndustryAuto Ancillaries
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Key events for Automotive Stampings & Assemblies Ltd

  • Concerns Over Automotive Stampings & Assemblies' Earnings Quality - 13 May, 2024

    Despite strong earnings, shareholders are concerned about the true underlying earnings power of Automotive Stampings & Assemblies. Risks facing the company should also be considered.

  • Automotive Stampings & Assemblies Reports Strong Q4 Results - 07 May, 2024

    Automotive Stampings & Assemblies Ltd reported a strong Q4 FY24 with a 126% YoY increase in net profit to Rs. 7.6 crore and a 10.6% YoY increase in revenue to Rs. 232.5 crore.

Insights on Automotive Stampings & Assemblies Ltd

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

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, ASAL stock has moved up by 79.8%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.00% to 0.08% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ASAL has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, ASAL has outperformed top 5 stocks with highest market-cap in Auto, Truck & Motorcycle Parts

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 24.99% to 24.91% in Mar 2024 quarter

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
75%
0.00
Foreign Institutions
0.08%
0.00
Mutual Funds
0%
0.00
Retail Investors
24.91%
0.00
Others
0.01%
0.00

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Automotive Stampings & Assemblies Ltd (ASAL) share price today is ₹982.05

Automotive Stampings & Assemblies Ltd is listed on NSE

Automotive Stampings & Assemblies Ltd is listed on BSE

  • Today’s highest price of Automotive Stampings & Assemblies Ltd is ₹985.
  • Today’s lowest price of Automotive Stampings & Assemblies Ltd is ₹964.

Today’s traded volume of Automotive Stampings & Assemblies Ltd(ASAL) is 1.29L.

Today’s market capitalisation of Automotive Stampings & Assemblies Ltd(ASAL) is ₹1548.65Cr.

Automotive Stampings & Assemblies Ltd(ASALPrice
52 Week High
₹1008.9
52 Week Low
₹325

Automotive Stampings & Assemblies Ltd(ASAL) share price is ₹982.05. It is down -2.66% from its 52 Week High price of ₹1008.9

Automotive Stampings & Assemblies Ltd(ASAL) share price is ₹982.05. It is up 202.17% from its 52 Week Low price of ₹325

Automotive Stampings & Assemblies Ltd(ASALReturns
1 Day Returns
5.6%
1 Month Returns
15.72%
3 Month Returns
79.76%
1 Year Returns
195.49%