Asahi India Glass
- Advice
- Hold
Asahi India Glass Performance
Day Range
- Low 566.15
- High 580.95
52 Week Range
- Low 419.65
- High 651.00
- Open Price573.70
- Previous Close568.85
- Volume52908
Start SIP in Asahi India Glass
Start SIPAsahi India Glass Investment Rating
-
Master Rating:
-
Asahi India Glass has an operating revenue of Rs. 4,290.09 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 14% is healthy, ROE of 17% is exceptional. The company has a reasonable debt to equity of 36%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 9% up from its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 88 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 1,081 | 1,045 | 1,030 | 984 | 993 | 904 | 923 |
Operating Expenses Qtr Cr | 895 | 842 | 860 | 794 | 775 | 681 | 681 |
Operating Profit Qtr Cr | 186 | 211 | 173 | 193 | 219 | 223 | 245 |
Depreciation Qtr Cr | 40 | 38 | 39 | 38 | 38 | 39 | 38 |
Interest Qtr Cr | 33 | 33 | 25 | 26 | 25 | 25 | 27 |
Tax Qtr Cr | 31 | 37 | 46 | 48 | 56 | 57 | 60 |
Net Profit Qtr Cr | 85 | 106 | 70 | 86 | 106 | 107 | 129 |
Asahi India Glass Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹568.48
- 50 Day
- ₹569.81
- 100 Day
- ₹559.65
- 200 Day
- ₹544.20
- 20 Day
- ₹566.22
- 50 Day
- ₹581.85
- 100 Day
- ₹565.49
- 200 Day
- ₹522.05
Asahi India Glass Resistance and Support
Resistance | |
---|---|
First Resistance | 578.78 |
Second Resistance | 587.27 |
Third Resistance | 593.58 |
RSI | 50.53 |
MFI | 50.43 |
MACD Single Line | -2.11 |
MACD | -1.28 |
Support | |
---|---|
First Resistance | 563.98 |
Second Resistance | 557.67 |
Third Resistance | 549.18 |
Asahi India Glass Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 62,532 | 2,853,335 | 45.63 |
Week | 70,508 | 3,615,637 | 51.28 |
1 Month | 71,927 | 3,392,086 | 47.16 |
6 Month | 206,206 | 8,268,862 | 40.1 |
Asahi India Glass Result Highlights
Asahi India Glass Synopsis
NSE-Auto/Truck-Original Eqp
Asahi India Glass is involved in the business activities of Manufacture of glass in primary or semi-manufactured forms (such as sheets & plate glass) including mirror sheets and wired, coloured, tinted, toughened or laminated glass. Company’s Total Operating Revenue is Rs. 3918.37 Cr. and Equity Capital is Rs. 24.31 Cr. for the Year ended 31/03/2023. Asahi India Glass Ltd. is a Public Limited Listed company incorporated on 10/12/1984 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L26102DL1984PLC019542 and registration number is 019542.Market Cap | 13,863 |
Sales | 4,154 |
Shares in Float | 11.18 |
No of funds | 122 |
Yield | 0.35 |
Book Value | 6.52 |
U/D Vol ratio | 1 |
LTDebt / Equity | 35 |
Alpha | -0.05 |
Beta | 1.18 |
Asahi India Glass
Owner Name | Sep-23 | Jun-23 | Mar-23 | Dec-22 |
---|---|---|---|---|
Promoters | 54.24% | 54.24% | 54.24% | 54.24% |
Mutual Funds | 1.83% | 1.66% | 1.65% | 1.64% |
Foreign Portfolio Investors | 3.68% | 3.62% | 3.79% | 3.78% |
Financial Institutions/ Banks | ||||
Individual Investors | 20.11% | 20.3% | 20.19% | 20.27% |
Others | 20.14% | 20.18% | 20.13% | 20.07% |
Asahi India Glass Management
Name | Designation |
---|---|
Mr. B M Labroo | Chairman |
Mr. Sanjay Labroo | Managing Director & CEO |
Mr. Satoshi Ogata | Dy.Managing Director & CTO |
Ms. Shradha Suri | Director |
Dr. Satoshi Ishizuka | Director |
Mr. Yoji Taguchi | Director |
Mr. Gurvirendra Singh Talwar | Director |
Mr. Masahiro Takeda | Director |
Mr. Rahul Rana | Director |
Ms. Sheetal Kapal Mehta | Director |
Asahi India Glass Forecast
Price Estimates
Asahi India Glass Corporate Action
Date | Purpose | Remarks |
---|---|---|
2023-11-02 | Quarterly Results | |
2023-07-31 | Quarterly Results | |
2023-05-15 | Audited Results & Final Dividend | |
2023-01-25 | Quarterly Results | |
2022-12-27 | Others | Inter alia, to consider, 1. Resignation of Mr. Satoshi Ogata (DIN: 08068218), Director and Whole time Director of the Company. per share(100%)Dividend |
Asahi India Glass FAQs
What is Share Price of Asahi India Glass ?
Asahi India Glass share price is ₹570 As on 03 December, 2023 | 06:39
What is the Market Cap of Asahi India Glass ?
The Market Cap of Asahi India Glass is ₹13863.4 Cr As on 03 December, 2023 | 06:39
What is the P/E ratio of Asahi India Glass ?
The P/E ratio of Asahi India Glass is 40.4 As on 03 December, 2023 | 06:39
What is the PB ratio of Asahi India Glass ?
The PB ratio of Asahi India Glass is 6.8 As on 03 December, 2023 | 06:39