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ASK Automotive Ltd share Price Today

Company details

303.15
311.00
240.10
334.60
6M Return 4.99%
1Y Return -0.29%
Mkt Cap.(Cr) 6,095.66
Volume 156,021
Div Yield 0.32%
OI
-
OI Chg %
-
Volume 156,021

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ASK Automotive Ltd shares SWOT Analysis

Strengths (7)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth
  • Good quarterly growth in the recent results

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining profits every quarter for the past 2 quarters

Opportunity (1)

  • Street Favorite: High Analyst Rating with at least 20% upside

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 311.8
R2 315.5
R3 320.7
Pivot

306.55

S1 302.8
S2 297.6
S3 293.9
EMA SMA
306.4
301.5
298.4
-
306.1
295.2
295.6
-
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GOLDMANSACHS FUNDS GOLDMANSACHS INDIA EQUITY PORTFOLIO Bulk Purchase 2023-11-15 310.05 2320653 NSE
Name Category Shares
Kuldip Singh Rathee PROMOTER 40.23%
Vijay Rathee PROMOTER 34.97%
Aman Rathee PROMOTER 4.9%
Prashant Rathee PROMOTER 4.9%

FINANCIALS

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

ASK Automotive Ltd Stocks COMPARISON

Financials( in Cr) ASK Automotive Ltd Samvardhana Motherson International Ltd Bosch Ltd Uno Minda Ltd Exide Industries Ltd
Price 309.20 142.00 31,065.95 822.60 509.90
% Change 0.39 -1.18 -1.59 -1.74 3.15
Mcap Cr 6,095.66 96,225.18 91,625.91 47,225.05 43,341.50
Revenue TTM Cr 2,555.17 78,700.70 14,929.30 11,236.49 15,078.16
Net Profit TTM Cr 122.95 1,669.60 1,424.30 700.23 822.77
PE TTM 34.93 60.63 50.88 56.02 47.97
1 Year Return -0.29 76.29 69.80 48.56 144.62
ROCE 19.79 8.59 17.05 18.68 10.55
ROE 19.28 7.76 13.14 18.44 7.58
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 643.77 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 35,090.66 -22,978.04
LAST 3M 106,793.94 -34,010.07
LAST 6M 169,541.16 45,373.47
LAST 12M 268,709.66 125,819.23
ASK Automotive Limited - Updates

May 23, 2024 l NSE Announcement

ASK Automotive Limited - Updates

May 22, 2024 l NSE Announcement

ASK Automotive Limited - Press Release

May 21, 2024 l NSE Announcement

Date Action Type Ratio
No data found

ASK Automotive Ltd Information

Stock PE (TTM)
34.93
Promoter Holding
85%
Book Value
41.4288
ROCE
19.79%
ROE
19.28%
Description
  • ASK Automotive Ltd was incorporated on January 18, 1988 as a Private Limited Company with the name "ASK Automotive Private Limited"granted by the RoC. Upon the conversion of Company into a Public Limited , the name of Company was changed to "ASK Automotive Limited" through a fresh Certificate of Incorporation dated January 6, 2023 issued by the RoC. Led by the Promoters, Kuldip Singh Rathee and Vijay Rathee, the Company has been supplying safety systems and critical engineering solutions with in-house designing, developing and manufacturing capabilities. Their offerings are powertrain agnostic, catering to electric vehicle (EV) as well as internal combustion engine (ICE) original equipment manufacturers (OEMs). The Company operate nearly 15 manufacturing facilities across five states in India and are are developing one new manufacturing facility in Rajasthan as well. In addition, the Joint Venture operates one manufacturing facility in Haryana. The Company commenced their operations in 1989 by manufacturing brake shoe products for two-wheelers (2Ws) and have since diversified the operations to include offerings such as: (i) advanced braking (AB) systems; (ii) aluminium light-weighting precision (ALP) solutions; (iii) wheel assembly to 2W OEMs; and (iv) safety control cables (SCC) products, that it supply in (i) the automotive sector for 2Ws, three wheelers (3Ws), passenger vehicles (PVs) and commercial vehicles (CVs), and (ii) the non-automotive sector for all-terrain vehicles (ATVs), power tools and outdoor equipment. In 1989, the Company started manufacturing activities at ASK-1 situated at Gurugram plant in Haryana. It ventured into the OEM market for Advanced Braking (AB) systems consisting of brake shoes. In 2001, it commenced manufacturing activities at ASK-2 plant in Gurugram; in 2004, it started manufacturing plant at ASK -3 in IMT, Manesar, Haryana and entered into the OEM market for ALP with panel assembly for front brake. Later on, the Company commenced manufacturing activities of ASK-4 plant in IMT, Gurugram, Haryana; in 2010 ASK-5 plant in Haryana; ASK-7 manufacturing facility in IMT, Manesar in 2012; commenced manufacturing facility, ASK-8 in Narsapur Indl. Area in Bengaluru, Karnataka in year 2013. In 2014, the Company started manufacturing facility, ASK-9 situated at Sector 8, Manesar, Haryana; commenced manufacturing activities ASK-10 situated in IMT Manesar, Gurugram. In 2015, commenced manufacturing activities ASK-11 situated in Ahmedabad, Gujarat and thereafter had ventured into the aftermarket for safety control cables and others with clutch cables, front brake cables, throttle cables and speedometer cables. The Company in 2017 formed a Joint Venture with Fras-Le S.A., Brazil, through which ASK FrasLe Friction Private Limited was incorporated as the Joint Venture. In 2018, the Company through a business purchase agreement dated March 26, 2018 with AK Auto Industries and Aman Rathee, acquired the entire business of independent aftermarket sale of two wheeler/three wheeler brake products of AK Auto Industries, including, the manufacturing facility, ASK-14 on a slump sale basis and resultant, the ASK-14 manufacturing plant was transferred to Company by AK Auto Industries. The Company through a business purchase agreement dated March 26, 2018 with APK Automotive and Prashant Rathe, acquired the entire business of independent aftermarket sale of two wheeler/three wheeler brake products of APK Automotive, including, the manufacturing facility, ASK-15 on a slump sale basis and resultant, the ASK-15 manufacturing plant was transferred to Company by APK Automotive, which became effective on April 1, 2018. In year 2019, the Company resumed manufacturing activities at plant ASK-12 situated in IMT, Manesar. Therafter on May 3, 2019, through composite scheme of arrangement/amalgamation and demerger between the Company, A.A. Autotech Private Limited and Vijaylaxmi Infra Projects Private Limited, A.A. Autotech Private Limited amalgamated into the Company and the erstwhile real estate and project management consultancy business of Company demerged into Vijaylaxmi Infra Projects Private Limited consequently, the ASK-16 and ASK-17 manufacturing facilities, both situated in IMT Manesar, Haryana got transferred to the Company from A.A. Autotech Private Limited as a going concern effective from June 3, 2019. The Company is proposing an Initial Public Offering of upto 29,571,390 Equity Shares for cash through Offer for Sale.

Registered Address

Flat No 104 929/1 Naiwala, Faiz Road Karol Bagh, New Delhi, New Delhi, 110005

Tel : +91 124 439 6907
Email : compliance:askbrake.com
Website : http://www.askbrake.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 544022
NSE Code : ASKAUTOLTD
Book Closure Date (Month) :
BSE Group : B
ISIN : INE491J01022

FAQ’s on ASK Automotive Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of May 28, 2024 03:53 PM the closing price of ASK Automotive Ltd was Rs.309.20.

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 May 28, 2024 03:53 PM, the market cap of ASK Automotive Ltd stood at Rs. 6,095.66.

The latest PE ratio of ASK Automotive Ltd as of May 28, 2024 03:53 PM is 34.93

The latest PB ratio of ASK Automotive Ltd as of May 28, 2024 03:53 PM is 0.13

The 52-week high of ASK Automotive Ltd share price is Rs. 334.60 while the 52-week low is Rs. 240.10

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