Ashima Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

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Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
96.6
TTM PE Ratio
Below industry Median
7.3
Price to Book Ratio
Above industry Median
2.2
Dividend yield 1yr %
0
TTM PEG Ratio
0
RSI
RSI is mid-range
67.4
MFI
MFI strongly Overbought
81.7

Ashima Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Ashima Ltd shareholding Pattern

Promoter
73.5%
Public
26.5%
Promoter
73.5%
Public
26.5%
Promoter
73.5%
Public
26.5%
Promoter
73.5%
Public
26.5%
Promoter
73.5%
Public
26.5%
Promoter
73.5%
Foreign Institutions
0.3%
Public
26.2%
Foreign Institutions
0.3%
Foreign Institutions
0.3%

Ashima Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
35.80
10Day EMA
34.30
12Day EMA
33.60
20Day EMA
31.50
26Day EMA
30.20
50Day EMA
26.90
100Day EMA
23.80
200Day EMA
20.80
5Day SMA
36.60
10Day SMA
33.60
20Day SMA
30.90
30Day SMA
28.00
50Day SMA
25.00
100Day SMA
22.80
150Day SMA
21.00
200Day SMA
19.40
Delivery & Volume
Resistance & Support
36.50
Pivot
Resistance
First Resistance
37.78
Second Resistance
38.80
Third Resistance
40.08
Support
First Support
35.48
Second support
34.20
Third Support
33.18
Relative Strength Index
67.41
Money Flow Index
81.67
MACD
3.44
MACD Signal
3.02
Average True Range
2.54
Average Directional Index
32
Rate of Change (21)
57.81
Rate of Change (125)
126.28
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Donear Industries Ltd.
673.61
87.3
133.99
Nandan Denim Ltd.
633.96
18.5
48.9
Ruby Mills Ltd.
717.46
177
271.6
Sarla Performance Fibers Ltd.
807.72
39.3
102
IRIS Clothings Ltd.
620.59
66.2
110.9
GHCL Textiles Ltd.
840.49
58.7
98.25

Ashima Ltd Company background

Founded in: 1982
Managing director: Chintan N Parikh
Ashima Limited is engaged Textiles and Real Estate business. The Textile business of the Company consists of manufacture of Denim fabrics and readymade garments as well as processing of textile fabrics including Interlining fabrics and garment washing activities (laundry). Its fabrics product including basic denims, ring/slub denims, pigment/discharged print, polyester denim, etc. The piecedyed product range includes basic twills, plain weave, canvas, satin and various types of dobby structures with valueadded properties like chemical, mechanical and functional finishes. The garmenting facility is equipped to manufacture shirts and trousers, both casual as well as formal and can offer overdyed garments also. The Company operates in readytostitch product under the brand ICON.The Company has a state of the art design studio, which cater to the requirements of the high end customers. Because of its compact size and the product specific model, it possesses versatility in terms of product offering. A substantial part of the goods manufactured by the company are meant for exports, which includes direct exports as well as sale to garment manufacturers nominated by overseas buyers. Further, the Company entered into Real Estate business with its project Swan Lake. Swan Lake is a gated community of weekend villas near Ahmedabad.The Company promoted by Chintan N Parikh and Sanjay S Lalbhai, apart from manufacturing synthetic textiles is also into engineering (to manufacture hightensile fasteners and automobile components), dealership (to sell PFY and POY) and construction. In 1992, after Sanjay Lalbhais substantial disinvestment, Chintan Parikh acquired a controlling interest in the company. The sizing facility and engineering division were acquired in Jun.92, as part of the package deal with Anagram Finance. The company set up a 100% EOU to manufacture grey cotton fabrics, which started commercial production in Jun.93. Within 9 months, this unit was accredited with the ISO9002 certification. It took over the 20,240 spindles and the entire weaving and processing infrastructure of the Ahmedabadbased Mihir Textiles (of the Sungrace Mafatlal group) in Nov.93. This was converted into a hightechnology denim plant, Ashima Denims, to manufacture and export denim. In 1995, AL promoted Ashima Dyecot with an ultramodern dyehouse to process cotton fabrics and Ashima Spinfab to produce and export finished yarn dyed fabrics. During the year 19992000, the captive power plant was fully commissioned and the Company has commissioned one more 3 MW power plant during the year.In pursuit of its strategy to offer onestopshop to its international customers, the Company set up its first garment manufacturing facility. This facility now commenced full fledged commercial production to begin despatching garments to leading international and domestic labels.The Scheme of Amalgamation and Arrangement of Ashima Dyecot Private Limited (ADPL) with the Company and their respective Shareholders and Creditors was sanctioned by the Honble National Company Law Tribunal, Ahmedabad Bench and the same became effective from July 29, 2020. During the financial year 202122, Shardul Garments Private Limited ceased to be an Associate Company w.e.f. 30th April, 2022.
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Ashima Ltd FAQs

Ashima Ltd shares are currently priced at 36.77 on NSE and 36.78 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Ashima Ltd [ASHIMASYN] share was 153.58. The Ashima Ltd [ASHIMASYN] share hit a 1-year low of Rs. 12.5 and a 1-year high of Rs. 39.73.

The market cap of Ashima Ltd is Rs. 704.73 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Ashima Ltd is 7.31 as of 6/13/2024 12:00:00 AM.

The PB ratios of Ashima Ltd is 2.22 as of 6/13/2024 12:00:00 AM

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