ASHAPURMIN

Ashapura Minechem Share PriceAshapura Minechem

₹458.5
-1.7 (-0.37%)
As on 09 December, 2023 | 08:05 BSE: 527001 NSE: ASHAPURMINISIN: INE348A01023

Ashapura Minechem Performance

Day Range

  • Low 437.25
  • High 483.20
₹ 458.5

52 Week Range

  • Low 72.20
  • High 483.20
₹ 458.5
  • Open Price469.50
  • Previous Close460.20
  • Volume511480

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Ashapura Minechem Share Price

  • Over 1 Month 39.87%
  • Over 3 Month 60.96%
  • Over 6 Month 285.94%
  • Over 1 Year 414.01%

Ashapura Minechem Key Statistics

P/E Ratio 17.9
PEG Ratio 0
Market Cap Cr 4,195
Price to Book Ratio 6.4
EPS -0.5
Dividend 0
Relative Strength Index 84.13
Money Flow Index 88.4
MACD Signal 23.2
Average True Range 19.03

Ashapura Minechem Investment Rating

  • Master Rating:
  • Ashapura Minechem has an operating revenue of Rs. 2,803.30 Cr. on a trailing 12-month basis. An annual revenue growth of 40% is outstanding, Pre-tax margin of 7% is okay, ROE of 17% is exceptional. The company has a debt to equity of 98%, which is bit higher. The stock from a technical standpoint is comfortably placed above its key moving averages, around 40% and 130% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 97 which is GREAT indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 135 indicates it belongs to a poor industry group of Mining-Metal Ores and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ashapura Minechem Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 679147604768115
Operating Expenses Qtr Cr 585241635572109
Operating Profit Qtr Cr 8396-3-7-46
Depreciation Qtr Cr 3333555
Interest Qtr Cr 3455677
Tax Qtr Cr -1-710000
Net Profit Qtr Cr 194282-7-9-3
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 263625
Operating Expenses Annual Cr 231591
Operating Profit Annual in Cr -88
Depreciation Cr 1520
Interest Annual Cr 2230
Tax Annual Cr 10
Net Profit Annual Cr -7-16
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 4241
Cash from Investing Activity Annual Cr 1-2
Cash from Financing Annual Activity Cr -27-41
Net Cash Flow Annual Cr 15-2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3537
Fixed Assets Annual Cr 128151
Total Non Current Assets Annual Cr 216253
Total Current Assets Annual Cr 371393
Total Assets Annual Cr 587646
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 44
ROE Annual % -20-43
ROCE Annual % 55
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 146
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 5541,018696535198402331
Operating Expenses Qtr Cr 524908637477193351303
Operating Profit Qtr Cr 30110595855128
Depreciation Qtr Cr 19181918191714
Interest Qtr Cr 12201920121315
Tax Qtr Cr 461211071
Net Profit Qtr Cr 59103403353912
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,9171,373
Operating Expenses Annual Cr 1,6581,178
Operating Profit Annual in Cr 17399
Depreciation Cr 7358
Interest Annual Cr 6455
Tax Annual Cr 3011
Net Profit Annual Cr 11787
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 97113
Cash from Investing Activity Annual Cr -130-63
Cash from Financing Annual Activity Cr 80-59
Net Cash Flow Annual Cr 47-9
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 665521
Fixed Assets Annual Cr 807755
Total Non Current Assets Annual Cr 1,2131,137
Total Current Assets Annual Cr 1,8371,287
Total Assets Annual Cr 3,0502,424
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 7257
ROE Annual % 1817
ROCE Annual % 1211
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1415

Ashapura Minechem Technicals

EMA & SMA

Current Price
₹458.5
-1.7 (-0.37%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹377.99
  • 50 Day
  • ₹334.59
  • 100 Day
  • ₹287.24
  • 200 Day
  • ₹230.26
  • 20 Day
  • ₹363.58
  • 50 Day
  • ₹329.74
  • 100 Day
  • ₹277.53
  • 200 Day
  • ₹201.47

Ashapura Minechem Resistance and Support

PIVOT
₹459.65
Resistance
First Resistance 482.05
Second Resistance 505.60
Third Resistance 528.00
RSI 84.13
MFI 88.40
MACD Single Line 23.20
MACD 34.58
Support
First Resistance 436.10
Second Resistance 413.70
Third Resistance 390.15

Ashapura Minechem Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 592,863 59,286,300 100
Week 387,376 38,737,580 100
1 Month 259,629 25,962,852 100
6 Month 623,904 35,930,643 57.59

Ashapura Minechem Result Highlights

Ashapura Minechem Synopsis

NSE-Mining-Metal Ores

Ashapura Min. Lt is involved in the business activities of Quarrying of stone, sand and clay. Company’s Total Operating Revenue is Rs. 222.69 Cr. and Equity Capital is Rs. 18.30 Cr. for the Year ended 31/03/2023. Ashapura Minechem Ltd. is a Public Limited Listed company incorporated on 19/02/1982 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L14108MH1982PLC026396 and registration number is 026396.
Market Cap 4,195
Sales 264
Shares in Float 5.03
No of funds 24
Yield
Book Value 121.3
U/D Vol ratio 1.3
LTDebt / Equity 49
Alpha 0.6
Beta 1.71

Ashapura Minechem

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 45.33%45.33%45.33%45.22%
Mutual Funds 0.13%0.13%0.13%0.13%
Foreign Portfolio Investors 18.03%17.09%16.99%16.35%
Financial Institutions/ Banks 0.01%0.01%0.01%0.01%
Individual Investors 26.31%28.57%28.88%29.3%
Others 10.19%8.87%8.66%8.99%

Ashapura Minechem Management

Name Designation
Mr. Chetan Shah Executive Chairman
Mr. Hemul Shah Executive Director & CEO
Mr. Harish Motiwalla Ind. Non-Executive Director
Mr. Abhilash Munsif Ind. Non-Executive Director
Mr. Pundarik Sanyal Ind. Non-Executive Director
Mrs. Himani Shah Non Exe.Non Ind.Director
Mrs. Neeta Shah Ind. Non-Executive Woman Director

Ashapura Minechem Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ashapura Minechem Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-10 Quarterly Results
2023-05-25 Audited Results & Final Dividend
2023-02-09 Quarterly Results
2023-01-02 To consider issue of Warrants
Date Purpose Remarks
2021-09-22 FINAL Rs.0.50 per share(25%)Final Dividend

Ashapura Minechem FAQs

What is Share Price of Ashapura Minechem ?

Ashapura Minechem share price is ₹458 As on 09 December, 2023 | 07:51

What is the Market Cap of Ashapura Minechem ?

The Market Cap of Ashapura Minechem is ₹4194.6 Cr As on 09 December, 2023 | 07:51

What is the P/E ratio of Ashapura Minechem ?

The P/E ratio of Ashapura Minechem is 17.9 As on 09 December, 2023 | 07:51

What is the PB ratio of Ashapura Minechem ?

The PB ratio of Ashapura Minechem is 6.4 As on 09 December, 2023 | 07:51

Q2FY23