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Automotive Stampings & Assemblies Ltd share Price Today

Company details

419.35
432.25
249.00
481.80
6M Return 32.83%
1Y Return 7.25%
Mkt Cap.(Cr) 672.00
Volume 34,389
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 34,389

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Automotive Stampings & Assemblies Ltd Stocks COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -27.35 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,520.16 27,959.84
LAST 3M 53,623.33 7,912.60
LAST 6M 94,188.00 82,000.34
LAST 12M 161,805.53 123,740.85

Automotive Stampings & Assemblies Ltd Information

Stock PE (TTM)
50.89
Promoter Holding
75%
Book Value
-12.353
ROCE
13.84%
ROE
12.68%
Description
  • Automotive Stampings and Assemblies Ltd is a TACO group company. The company is engaged in the business of manufacturing sheet metal stampings, welded assemblies and modules for the automotive industry. They are having four manufacturing facilities located at Bhosari (Maharashtra), Chakan (Maharashtra), Halol (Gujarat) and Pantnagar (Uttarakhand). The company`s product mix can be broadly classified into three categories, namely Structural Panels and Skin Panels for the vehicle body (BIW), Modules and Aggregates including Chassis sub-assemblies (Under body) and Oil Sumps and Fuel tanks. Their customers include some of the prestigious vehicle manufacturers like Tata Motors Ltd, General Motors India Pvt Ltd, Fiat India Automobiles Ltd, Piaggio Vehicles Pvt Ltd and John Deere Equipment Pvt Ltd. They also export their products to Ford Motor Company Ltd (UK). Automotive Stampings and Assemblies Ltd was incorporated on March 1990 with the name JBM Tools Ltd. Initially, the company was promoted by the SK Arya group and Haryana State Industrial & Infrastructure Development Corporation. In October 1990, they commenced operations at Faridabad by developing dies, moulds & tools for various Original Equipment Manufacturers (OEM) of Automobiles. In January 1994, the company commenced operations for manufacture of sheet metal components Project for manufacture of 3500 tpa of sheet metal components. In March 1994, they came out with their maiden initial public offer and in May 1994, their shares were listed on Bombay Stock Exchange. In December 1995, the company set up a new manufacturing plant at Bhosari. In February 1997, they started manufacturing operations at their new plant at Halol. In July 1997, Tata Group companies, namely Tata AutoComp Systems Ltd (TACO) & Tata Industries Ltd (TIL) entered into a 50:50 Joint Venture with the then promoter, SKA. In August 1997, the company entered into a joint venture agreement with Sung Woo Metal Co Ltd, South Korea & Mitsubishi Corporation, Japan to promote JBM Sung Woo Pvt Ltd at Chennai. In December 1997, the company entered into a joint venture agreement with Krupp Camford Ltd, UK, to promote Krupp JBM Pvt Ltd at Chennai. In January 1998, the company set up a new manufacturing plant at Chakan and commenced commercial operations. In June 2001, as per the scheme of arrangement, the Faridabad undertaking of the company was transferred to Precious Estates Pvt Ltd. In April 2002, TACO and TIL bought over SKA`s holding in the company to increase their combined shareholding to 81.35%. In August 1, 2003, the company changed their name from JBM Tools Ltd to Automotive Stampings and Assemblies Ltd. In the year 2004, TIL transferred their shares in the company (except 100 shares) to TACO. Also, they received ISO 9001 for their Bhosari plant and Chakan plant. In February 2007, the company entered a share purchase agreement with Gestamp Servicios, S.L. whereby Gestamp Servicios, S.L. in order to benefit from Spanish group Gestamp`s technological expertise. Subsequently, in August, 2007, Gestamp Servicios, S.L. became the joint promoter of the company by acquiring 37.49% stake from TACO and 0.01% from public through an open offer. In May 2008, the company set up a new plant for manufacture of sheet metal components with a capacity of 17,000 tpa at Pantnagar at Uttarakhand. In January 27, 2010, TIL sold their balance shareholding of one hundred shares in the open market. In December 10, 2010, as per share purchase agreement between TACO and Gestamp Servicios, S. L., TACO acquired entire stake of Gestamp in the company and thus the company Gestamp ceased to be one of the promoters of the company and the company became a subsidiary of TACO. In December 2010, the company completed the capacity expansion for 1 ton goods and passenger carrier programme of the customer at Pantnagar The company commenced the second phase of the expansion project at Pantnagar Plant for small 0.5 ton commercial goods and passenger carrier programme including automation and is expected to be completed by end of 2011. Also, the company has planned expansion at Halol Plant with an estimated outlay of Rs 7.4 crore to cater to a new Customer programme. The same is expected to be completed before March 2012.

Registered Address

TACO House Plot No 20/B FPN085, VG Tamle Path Erandwane, Pune, Maharashtra, 411004

Tel : 91-020-66085000
Email : cs:autostampings.com
Website : http://www.autostampings.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 520119
NSE Code : ASAL
Book Closure Date (Month) :
BSE Group : B
ISIN : INE900C01027

FAQ’s on Automotive Stampings & Assemblies Ltd Shares

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

Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2023 11:04 AM the closing price of Automotive Stampings & Assemblies Ltd was ₹ 423.60.

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 Dec 05, 2023 11:04 AM, the market cap of Automotive Stampings & Assemblies Ltd stood at ₹ 672.00.

The latest PE ratio of Automotive Stampings & Assemblies Ltd as of Dec 05, 2023 11:04 AM is 50.89

The latest PB ratio of Automotive Stampings & Assemblies Ltd as of Dec 05, 2023 11:04 AM is -0.03

The 52-week high of Automotive Stampings & Assemblies Ltd is ₹ 481.80 while the 52-week low is ₹ 249.00

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