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Ashima Ltd share Price Today

Company details

17.75
18.70
12.50
26.15
6M Return 14.51%
1Y Return 30.58%
Mkt Cap.(Cr) 347.86
Volume 363,016
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 363,016

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Ashima Ltd shares SWOT Analysis

Strengths (5)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with Low Debt

Weakness (5)

  • Degrowth in Revenue and Profit
  • Low Piotroski Score : Companies with weak financials
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Turnaround companies- loss to profit QoQ
  • Stock with Low PE (PE < = 10)

Threats (1)

  • RSI indicating price weakness

Resistance and support

R1 18.7
R2 19.2
R3 19.6
Pivot

18.20

S1 17.7
S2 17.3
S3 16.8
EMA SMA
19.2
19.6
19.1
17.8
19.0
20.5
19.4
16.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-02-05 23.82 1089343 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-02-05 23.88 1089343 NSE
RAAJDEEP ENTERPRISES Bulk Sell 2024-01-11 21.99 1000000 NSE
Name Category Shares
CHINTAN NAVNITLAL PARIKH AND SHEFALI CHINTAN PARIKH TRUSTEES OF NAVCHINTAN TRUST PROMOTER 73.33%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Ashima Ltd Stocks COMPARISON

Financials( in Cr) Ashima Ltd Grasim Industries Ltd Trident Ltd Welspun Living Ltd Alok Industries Ltd
Price 18.15 2,273.15 38.60 145.85 27.80
% Change -3.20 2.12 -0.26 -0.92 -3.14
Mcap Cr 347.86 154,691.49 19,670.39 14,173.82 13,803.37
Revenue TTM Cr 206.98 117,627.08 6,332.26 8,093.76 6,937.29
Net Profit TTM Cr -6.65 11,078.20 441.61 202.51 -880.46
PE TTM 0.00 26.63 46.52 21.51 0.00
1 Year Return 30.58 33.86 22.93 78.19 121.51
ROCE -2.74 9.04 11.89 5.91 0.00
ROE -3.59 14.35 10.99 5.03 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 227.91 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 22,130.95 -8,253.26
LAST 3M 82,644.28 32,012.97
LAST 6M 141,441.37 66,162.53
LAST 12M 215,515.77 196,008.04

Ashima Ltd Information

Stock PE (TTM)
0
Promoter Holding
73.49%
Book Value
11.3446
ROCE
-2.74%
ROE
-3.59%
Description
  • Ashima Limited is engaged Textiles and Real Estate business. The Textile business of the Company consists of manufacture of Denim fabrics and readymade garments as well as processing of textile fabrics including Interlining fabrics and garment washing activities (laundry). Its fabrics product including basic denims, ring/slub denims, pigment/discharged print, polyester denim, etc. The piece-dyed product range includes basic twills, plain weave, canvas, satin and various types of dobby structures with value-added properties like chemical, mechanical and functional finishes. The garmenting facility is equipped to manufacture shirts and trousers, both casual as well as formal and can offer over-dyed garments also. The Company operates in ready-to-stitch product under the brand "ICON". The Company has a state of the art design studio, which cater to the requirements of the high end customers. Because of its compact size and the product specific model, it possesses versatility in terms of product offering. A substantial part of the goods manufactured by the company are meant for exports, which includes direct exports as well as sale to garment manufacturers nominated by overseas buyers. Further, the Company entered into Real Estate business with its project "Swan Lake". Swan Lake is a gated community of weekend villas near Ahmedabad. The Company promoted by Chintan N Parikh and Sanjay S Lalbhai, apart from manufacturing synthetic textiles is also into engineering (to manufacture high-tensile fasteners and automobile components), dealership (to sell PFY and POY) and construction. In 1992, after Sanjay Lalbhai`s substantial disinvestment, Chintan Parikh acquired a controlling interest in the company. The sizing facility and engineering division were acquired in Jun.`92, as part of the package deal with Anagram Finance. The company set up a 100% EOU to manufacture grey cotton fabrics, which started commercial production in Jun.`93. Within 9 months, this unit was accredited with the ISO-9002 certification. It took over the 20,240 spindles and the entire weaving and processing infrastructure of the Ahmedabad-based Mihir Textiles (of the Sungrace Mafatlal group) in Nov.`93. This was converted into a high-technology denim plant, Ashima Denims, to manufacture and export denim. In 1995, AL promoted Ashima Dyecot with an ultra-modern dye-house to process cotton fabrics and Ashima Spinfab to produce and export finished yarn dyed fabrics. During the year 1999-2000, the captive power plant was fully commissioned and the Company has commissioned one more 3 MW power plant during the year. In pursuit of its strategy to offer one-stop-shop to its international customers, the Company set up its first garment manufacturing facility. This facility now commenced full- fledged commercial production to begin despatching garments to leading international and domestic labels. The Scheme of Amalgamation and Arrangement of Ashima Dyecot Private Limited (ADPL) with the Company and their respective Shareholders and Creditors was sanctioned by the Hon`ble National Company Law Tribunal, Ahmedabad Bench and the same became effective from July 29, 2020. During the financial year 2021-22, Shardul Garments Private Limited ceased to be an Associate Company w.e.f. 30th April, 2022.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 514286
NSE Code : ASHIMASYN
Book Closure Date (Month) :
BSE Group : B
ISIN : INE440A01010

FAQ’s on Ashima Ltd Shares

You can buy Ashima Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashima Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:53 PM the closing price of Ashima Ltd was ₹ 18.15.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:53 PM, the market cap of Ashima Ltd stood at ₹ 347.86.

The latest PE ratio of Ashima Ltd as of Apr 19, 2024 03:53 PM is 0

The latest PB ratio of Ashima Ltd as of Apr 19, 2024 03:53 PM is 0.63

The 52-week high of Ashima Ltd share price is ₹ 26.15 while the 52-week low is ₹ 12.50

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