₹13.1
-0.25 (-1.87%)
As on 21 September, 2023 | 15:34 BSE: 514286 NSE: ASHIMASYNISIN: INE440A01010

Ashima Performance

Day Range

  • Low 13.05
  • High 13.45
13.1

52 Week Range

  • Low 12.15
  • High 18.3
13.1
  • Open Price13.3
  • Previous Close13.35
  • Volume116901

Start SIP in Ashima

Start SIP

Ashima Share Price

  • Over 1 Month -4.03%
  • Over 3 Month -11.49%
  • Over 6 Month 0.38%
  • Over 1 Year -13.25%

Ashima Key Statistics

P/E Ratio -26
PEG Ratio 0.2
Market Cap Cr 251
Price to Book Ratio 1.1
EPS -0.4
Dividend 0
Relative Strength Index 51.13
Money Flow Index 24.15
MACD Signal -0.08
Average True Range 0.59

Ashima Investment Rating

  • Master Rating:
  • Ashima has an operating revenue of Rs. 196.71 Cr. on a trailing 12-month basis. An annual revenue de-growth of 0% needs improvement, Pre-tax margin of -4% needs improvement, ROE of -3% is poor and needs improvement. The company has a reasonable debt to equity of 11%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA 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 27% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 7 which is a POOR score indicating inconsistency in earnings, a RS Rating of 14 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at E which indicates heavy supply, Group Rank of 96 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. 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

Ashima Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 533858476359
Operating Expenses Qtr Cr 544357486461
Operating Profit Qtr Cr 0-51-1-1-3
Depreciation Qtr Cr 111111
Interest Qtr Cr 001111
Tax Qtr Cr 000000
Net Profit Qtr Cr -2-6-20129
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 211210
Operating Expenses Annual Cr 212215
Operating Profit Annual in Cr -5-7
Depreciation Cr 43
Interest Annual Cr 22
Tax Annual Cr 00
Net Profit Annual Cr -718
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -24-26
Cash from Investing Activity Annual Cr 1637
Cash from Financing Annual Activity Cr 13-6
Net Cash Flow Annual Cr 56
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 228234
Fixed Assets Annual Cr 138125
Total Non Current Assets Annual Cr 160143
Total Current Assets Annual Cr 160176
Total Assets Annual Cr 320319
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1112
ROE Annual % -38
ROCE Annual % -2-3
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -1-2
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 59
Operating Expenses Qtr Cr 61
Operating Profit Qtr Cr -3
Depreciation Qtr Cr 1
Interest Qtr Cr 1
Tax Qtr Cr 0
Net Profit Qtr Cr 29
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 210
Operating Expenses Annual Cr 215
Operating Profit Annual in Cr -7
Depreciation Cr 3
Interest Annual Cr 2
Tax Annual Cr 0
Net Profit Annual Cr 18
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -26
Cash from Investing Activity Annual Cr 37
Cash from Financing Annual Activity Cr -6
Net Cash Flow Annual Cr 6
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 233
Fixed Assets Annual Cr 125
Total Non Current Assets Annual Cr 143
Total Current Assets Annual Cr 175
Total Assets Annual Cr 318
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 12
ROE Annual % 8
ROCE Annual % -3
Total Debt to Total Equity Annual --
EBDIT Annual Margin % -2

Ashima Technicals

EMA & SMA

Current Price
₹13.1
-0.25 (-1.87%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 16
  • 20 Day
  • ₹13.25
  • 50 Day
  • ₹13.42
  • 100 Day
  • ₹13.67
  • 200 Day
  • ₹14.06
  • 20 Day
  • ₹13.24
  • 50 Day
  • ₹13.37
  • 100 Day
  • ₹13.71
  • 200 Day
  • ₹14.44

Ashima Resistance and Support

PIVOT
₹13.3
Resistance
First Resistance ₹13.45
Second Resistance ₹13.55
Third Resistance ₹13.7
RSI 51.13
MFI 24.15
MACD Single Line -0.08
MACD -0.05
Support
First Resistance ₹13.2
Second Resistance ₹13.05
Third Resistance ₹12.95

Ashima Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 80,734 6,508,775 80.62
Week 188,673 12,041,079 63.82
1 Month 472,717 36,200,631 76.58
6 Month 208,527 15,053,591 72.19

Ashima Result Highlights

Ashima Synopsis

NSE-Apparel-Clothing Mfg

Ashima Ltd. is involved in the business activities of Weaving, manufacture of cotton and cotton mixture fabrics.. Company’s Total Operating Revenue is Rs. 207.37 Cr. and Equity Capital is Rs. 191.66 Cr. for the Year ended 31/03/2022. Ashima Ltd. is a Public Limited Listed company incorporated on 17/06/1982 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L99999GJ1982PLC005253 and registration number is 005253.
Market Cap 255
Sales 197
Shares in Float 5.17
No of funds 8
Yield
Book Value 1.16
U/D Vol ratio 1
LTDebt / Equity 11
Alpha -0.09
Beta 0.86

Ashima

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 73.49%73.49%73.49%73.49%
Mutual Funds
Foreign Portfolio Investors 0.32%0.32%
Financial Institutions/ Banks
Individual Investors 22.24%22.14%22.5%22.06%
Others 4.27%4.37%3.69%4.13%

Ashima Management

Name Designation
Mr. Chintan N Parikh Chairman & Managing Director
Mr. Krishnachintan Parikh Executive Director
Mr. Shrikant Pareek Director - Operations
Mr. Neeraj Golas Independent Director
Mr. Sanjay Majmudar Independent Director
Dr. Bakul H Dholakia Independent Director
Mrs. Koushlya Melwani Independent Director

Ashima Forecast

Price Estimates

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

Other Analyst Rating

Ashima Corporate Action

Date Purpose Remarks
2023-07-26 Quarterly Results
2023-05-16 Audited Results
2023-02-03 Quarterly Results & Others Inter-alia, to consider : 1. The proposal of raising of funds by way of issue of Non-Convertible Debentures on private placement basis.
2022-12-20 Others Inter-alia, to consider the proposal of raising of funds by way of issue of Non-Convertible Debentures on private placement basis.
2022-11-12 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Ashima FAQs

What is Share Price of Ashima ?

Ashima share price is ₹13 As on 21 September, 2023 | 15:20

What is the Market Cap of Ashima ?

The Market Cap of Ashima is ₹251.1 Cr As on 21 September, 2023 | 15:20

What is the P/E ratio of Ashima ?

The P/E ratio of Ashima is -26 As on 21 September, 2023 | 15:20

What is the PB ratio of Ashima ?

The PB ratio of Ashima is 1.1 As on 21 September, 2023 | 15:20

Q2FY23