Automotive Stampings & Assemblies Ltd

NSE
ASAL •
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Start SIP in Automotive Stampings & Assemblies Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
152.59% Gain from 52W Low
45.5
TTM PE Ratio
High in industry
62.7
Price to Book Ratio
Negative Price to Book
-36.5
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-0.8
RSI
RSI is mid-range
65.4
MFI
MFI strongly Overbought
88.9

Automotive Stampings & Assemblies Ltd shareholding Pattern

Promoter
75%
Public
25%

Automotive Stampings & Assemblies Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
14
Bearish Moving Averages
2
5Day EMA
629.40
10Day EMA
612.90
12Day EMA
604.70
20Day EMA
574.10
26Day EMA
555.60
50Day EMA
508.80
100Day EMA
465.50
200Day EMA
428.80
Delivery & Volume
Resistance & Support
634.57
Pivot
Resistance
First Resistance
659.13
Second Resistance
689.32
Third Resistance
713.88
Support
First Support
604.38
Second support
579.82
Third Support
549.63
Relative Strength Index
65.39
Money Flow Index
88.94
MACD
49.17
MACD Signal
45.66
Average True Range
42.64
Average Directional Index
40.71
Rate of Change (21)
29.25
Rate of Change (125)
59.07

Automotive Stampings & Assemblies Ltd Company background

Founded in: 1990
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 companys 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 subassemblies (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 SKAs 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 Gestamps 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 PantnagarThe 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.
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Automotive Stampings & Assemblies Ltd FAQs

Automotive Stampings & Assemblies Ltd shares are currently priced at 628.95 on NSE and 625.3 on BSE as of 2/22/2024 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 Automotive Stampings & Assemblies Ltd [ASAL] share was 112.16. The Automotive Stampings & Assemblies Ltd [ASAL] share hit a 1-year low of Rs. 249 and a 1-year high of Rs. 720.

The market cap of Automotive Stampings & Assemblies Ltd is Rs. 997.51 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Automotive Stampings & Assemblies Ltd is 62.28 as of 2/22/2024 12:00:00 AM.

The PB ratios of Automotive Stampings & Assemblies Ltd is -50.61 as of 2/22/2024 12:00:00 AM

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