ASOCSTONE
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Forensics
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- 6M
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Recent events
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News
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Corporate Actions
Ball Corporation Partners with Açaí Motion® to Launch ASI-Certified Sustainable Energy Drink Can
Ball Corporation has announced a new partnership with Açaí Motion®, a Brazilian brand known for its natural energy drinks, to launch a new can certified by the Aluminium Stewardship Initiative (ASI). The collaboration focuses on innovation and sustainability in the beverage sector, ensuring high quality and a commitment to a circular economy. The partnership enables Açaí Motion® to leverage Ball's expertise in sustainable aluminum packaging to enhance its global market presence. The new ASI-certified cans, which offer superior flavor preservation and extended shelf life, will support Açaí Motion® in providing a premium consumption experience while committing to sustainable practices.
Ball Corporation has announced a new partnership with Açaí Motion®, a Brazilian brand known for its natural energy drinks, to launch a new can certified by the Aluminium Stewardship Initiative (ASI). The collaboration focuses on innovation and sustainability in the beverage sector, ensuring high quality and a commitment to a circular economy. The partnership enables Açaí Motion® to leverage Ball's expertise in sustainable aluminum packaging to enhance its global market presence. The new ASI-certified cans, which offer superior flavor preservation and extended shelf life, will support Açaí Motion® in providing a premium consumption experience while committing to sustainable practices.
ASI Industries Acquires Equity Shares Of SpiceJet
Jan 16 (Reuters) - ASI Industries Ltd ANDU.BO:
ACQUIRES EQUITY SHARES OF SPICEJET
TOTAL COST OF ACQUISITION 39.2 MILLION RUPEES
Source text: ID:nBSE7GHzPn
Further company coverage: ANDU.BO
(([email protected];;))
Jan 16 (Reuters) - ASI Industries Ltd ANDU.BO:
ACQUIRES EQUITY SHARES OF SPICEJET
TOTAL COST OF ACQUISITION 39.2 MILLION RUPEES
Source text: ID:nBSE7GHzPn
Further company coverage: ANDU.BO
(([email protected];;))
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Popular questions
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What does ASI Industries do?
ASI Industries Limited is the world’s largest stone mining company, with a history dating back to 1945. It supplies high quality Kotah stone products to real estate, construction, and infrastructure sectors, using advanced mining techniques and cutting-edge technology.
Who are the competitors of ASI Industries?
ASI Industries major competitors are Rajnandini Metal, RSD Finance, Orient Ceratech, Manaksia, Bonlon Industries, Mangalam Worldwide, B.C. Power Controls. Market Cap of ASI Industries is ₹292 Crs. While the median market cap of its peers are ₹136 Crs.
Is ASI Industries financially stable compared to its competitors?
ASI Industries seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does ASI Industries pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. ASI Industries latest dividend payout ratio is 12.56% and 3yr average dividend payout ratio is 11.49%
How has ASI Industries allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Short Term Loans & Advances
How strong is ASI Industries balance sheet?
Balance sheet of ASI Industries is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of ASI Industries improving?
Yes, profit is increasing. The profit of ASI Industries is ₹25.61 Crs for TTM, ₹25.11 Crs for Mar 2024 and ₹17.28 Crs for Mar 2023.
Is the debt of ASI Industries increasing or decreasing?
Yes, The net debt of ASI Industries is increasing. Latest net debt of ASI Industries is ₹20.29 Crs as of Mar-24. This is greater than Mar-23 when it was ₹17.36 Crs.
Is ASI Industries stock expensive?
Yes, ASI Industries is expensive. Latest PE of ASI Industries is 11.39, while 3 year average PE is 9.33. Also latest EV/EBITDA of ASI Industries is 13.01 while 3yr average is 9.86.
Has the share price of ASI Industries grown faster than its competition?
ASI Industries has given better returns compared to its competitors. ASI Industries has grown at ~32.78% over the last 3yrs while peers have grown at a median rate of -1.17%
Is the promoter bullish about ASI Industries?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in ASI Industries is 73.07% and last quarter promoter holding is 73.07%.
Are mutual funds buying/selling ASI Industries?
There is Insufficient data to gauge this.