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ASHAPURMIN
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This data is currently unavailable for this company.
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Summary
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Revenue Mix
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Recent events
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News
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Corporate Actions
Ashapura Minechem Dec-Quarter Consol Net Profit 1.05 Billion Rupees
Feb 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM DEC-QUARTER CONSOL NET PROFIT 1.05 BILLION RUPEES
ASHAPURA MINECHEM DEC-QUARTER CONSOL INCOME FROM OPERATIONS 8.65 BILLION RUPEES
Source text: ID:nNSE2tp01Z
Further company coverage: ASHM.NS
(([email protected];))
Feb 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM DEC-QUARTER CONSOL NET PROFIT 1.05 BILLION RUPEES
ASHAPURA MINECHEM DEC-QUARTER CONSOL INCOME FROM OPERATIONS 8.65 BILLION RUPEES
Source text: ID:nNSE2tp01Z
Further company coverage: ASHM.NS
(([email protected];))
India's Ashapura Minechem hits record high on deal with China Railway
** Minerals provider Ashapura Minechem ASHM.NS rises 10% to lifetime high of 571.55 rupees; set for fifth straight session of gains
** Company's arm signs MoU with China Railway to jointly develop Fako bauxite deposit in Guinea's Kindia region
** ASHM says deal will boost Ashapura Minechem's production capacity
** No financial details of the deal has been disclosed
** Around 1.6 million shares traded, 3x the 6-month daily avg
** Stock fell 7.5% in 2024
(Reporting by Vivek Kumar M)
** Minerals provider Ashapura Minechem ASHM.NS rises 10% to lifetime high of 571.55 rupees; set for fifth straight session of gains
** Company's arm signs MoU with China Railway to jointly develop Fako bauxite deposit in Guinea's Kindia region
** ASHM says deal will boost Ashapura Minechem's production capacity
** No financial details of the deal has been disclosed
** Around 1.6 million shares traded, 3x the 6-month daily avg
** Stock fell 7.5% in 2024
(Reporting by Vivek Kumar M)
Ashapura Minechem Sept-Quarter Consol Net Profit 443.3 Mln Rupees
Nov 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
SEPT-QUARTER CONSOL NET PROFIT 443.3 MILLION RUPEES
SEPT-QUARTER CONSOL INCOME FROM OPERATIONS 6.04 BILLION RUPEES
Source text: [ID:]
Further company coverage: ASHM.NS
(([email protected];;))
Nov 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
SEPT-QUARTER CONSOL NET PROFIT 443.3 MILLION RUPEES
SEPT-QUARTER CONSOL INCOME FROM OPERATIONS 6.04 BILLION RUPEES
Source text: [ID:]
Further company coverage: ASHM.NS
(([email protected];;))
India's Ashapura Minechem turns negative as operations impacted in March
** Shares of Ashapura Minechem ASHM.NS turn negative, last trading down 3.6% at 368 rupees
** Co says mining and export operations were temporarily impacted in March and will impact co's Q4 results
** Stock was up ~1% before the announcement
** Stock on track to end six straight sessions of gain if trend holds; it gained 20.6% in the last six sessions
** Its 5.3% decline in March was its third straight monthly decline
(Reporting by Varun Vyas in Bengaluru)
** Shares of Ashapura Minechem ASHM.NS turn negative, last trading down 3.6% at 368 rupees
** Co says mining and export operations were temporarily impacted in March and will impact co's Q4 results
** Stock was up ~1% before the announcement
** Stock on track to end six straight sessions of gain if trend holds; it gained 20.6% in the last six sessions
** Its 5.3% decline in March was its third straight monthly decline
(Reporting by Varun Vyas in Bengaluru)
Ashapura Minechem Dec-Quarter Consol Net Profit Rises
Feb 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM DEC-QUARTER CONSOL NET PROFIT 563.5 MILLION RUPEES VERSUS 327.6 MILLION RUPEES
ASHAPURA MINECHEM LTD DEC-QUARTER CONSOL INCOME FROM OPERATIONS 7.13 BILLION RUPEES VERSUS 5.35 BILLION RUPEES
ASHAPURA MINECHEM LTD - NOTING OF ONE TIME SETTLEMENT ENTERED WITH GLOBAL VALUE INVESTMENTS
Source text for Eikon: ID:nNSEbypqdm
Further company coverage: ASHM.NS
(([email protected];))
Feb 14 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM DEC-QUARTER CONSOL NET PROFIT 563.5 MILLION RUPEES VERSUS 327.6 MILLION RUPEES
ASHAPURA MINECHEM LTD DEC-QUARTER CONSOL INCOME FROM OPERATIONS 7.13 BILLION RUPEES VERSUS 5.35 BILLION RUPEES
ASHAPURA MINECHEM LTD - NOTING OF ONE TIME SETTLEMENT ENTERED WITH GLOBAL VALUE INVESTMENTS
Source text for Eikon: ID:nNSEbypqdm
Further company coverage: ASHM.NS
(([email protected];))
Ashapura Minechem Says High Court Of Karnataka Rejected Co's Objections To Enforcement Of Foreign Award
Jan 9 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
HIGH COURT OF KARNATAKA REJECTED CO'S OBJECTIONS TO ENFORCEMENT OF FOREIGN AWARD
HIGH COURT OF KARNATAKA REJECTED CO'S OBJECTIONS IN MATTER OF CARGILL INTERNATIONAL TRADING PTE
CO TO FILE SPECIAL LEAVE PETITION BEFORE SUPREME COURT OF INDIA, CHALLENGING HIGH COURT ORDER
Source text for Eikon: ID:nNSEPym31
Further company coverage: ASHM.NS
(([email protected];))
Jan 9 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
HIGH COURT OF KARNATAKA REJECTED CO'S OBJECTIONS TO ENFORCEMENT OF FOREIGN AWARD
HIGH COURT OF KARNATAKA REJECTED CO'S OBJECTIONS IN MATTER OF CARGILL INTERNATIONAL TRADING PTE
CO TO FILE SPECIAL LEAVE PETITION BEFORE SUPREME COURT OF INDIA, CHALLENGING HIGH COURT ORDER
Source text for Eikon: ID:nNSEPym31
Further company coverage: ASHM.NS
(([email protected];))
Ashapura Minechem Sept-Quarter Consol Net Profit Surges
Nov 6 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM LTD SEPT-QUARTER CONSOL NET PROFIT 593.3 MILLION RUPEES VERSUS 50.8 MILLION RUPEES
ASHAPURA MINECHEM LTD SEPT-QUARTER CONSOL INCOME FROM OPERATIONS 5.54 BILLION RUPEES VERSUS 1.98 BILLION RUPEES
Source text for Eikon: ID:nNSE47j41j
Further company coverage: ASHM.NS
(([email protected];))
Nov 6 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM LTD SEPT-QUARTER CONSOL NET PROFIT 593.3 MILLION RUPEES VERSUS 50.8 MILLION RUPEES
ASHAPURA MINECHEM LTD SEPT-QUARTER CONSOL INCOME FROM OPERATIONS 5.54 BILLION RUPEES VERSUS 1.98 BILLION RUPEES
Source text for Eikon: ID:nNSE47j41j
Further company coverage: ASHM.NS
(([email protected];))
Ashapura Minechem Says Unit Signed 2 Contracts For Supply Of Bauxite
Sept 18 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
UNIT CONCLUDED, SIGNED 2 CONTRACTS FOR SUPPLY OF BAUXITE FROM GUINEA AND ASHAPURA GUINEA RESOURCES SARL
CONTRACTS FOR SUPPLY OF 24 MILLION TONS OF BAUXITE SIGNED WITH UNIT OF STATE POWER INVESTMENT CORP
Further company coverage: ASHM.NS
(([email protected];))
Sept 18 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
UNIT CONCLUDED, SIGNED 2 CONTRACTS FOR SUPPLY OF BAUXITE FROM GUINEA AND ASHAPURA GUINEA RESOURCES SARL
CONTRACTS FOR SUPPLY OF 24 MILLION TONS OF BAUXITE SIGNED WITH UNIT OF STATE POWER INVESTMENT CORP
Further company coverage: ASHM.NS
(([email protected];))
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Popular questions
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What does Ashapura Minechem do?
Ashapura Minechem Limited is a global multi-mineral solutions provider engaged in mining, manufacturing, and trading various minerals and derivatives. It offers solutions spanning industries like soaps, steel, energy, and more.
Who are the competitors of Ashapura Minechem?
Ashapura Minechem major competitors are OMDC, Prakash Inds., Raghav Productivity, Shivalik Bimetal, Pondy Oxides & Chem., Deccan Gold Mines, Nile. Market Cap of Ashapura Minechem is ₹3,671 Crs. While the median market cap of its peers are ₹2,675 Crs.
Is Ashapura Minechem financially stable compared to its competitors?
Ashapura Minechem seems to be less financially stable compared to its competitors. Altman Z score of Ashapura Minechem is 2.35 and is ranked 8 out of its 8 competitors.
Does Ashapura Minechem pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ashapura Minechem latest dividend payout ratio is 5.29% and 3yr average dividend payout ratio is 5.29%
How has Ashapura Minechem allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ashapura Minechem balance sheet?
Balance sheet of Ashapura Minechem is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Ashapura Minechem improving?
The profit is oscillating. The profit of Ashapura Minechem is ₹248 Crs for TTM, ₹287 Crs for Mar 2024 and ₹117 Crs for Mar 2023.
Is the debt of Ashapura Minechem increasing or decreasing?
Yes, The debt of Ashapura Minechem is increasing. Latest debt of Ashapura Minechem is ₹1,021 Crs as of Sep-24. This is greater than Mar-24 when it was ₹695 Crs.
Is Ashapura Minechem stock expensive?
Ashapura Minechem is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Ashapura Minechem is 13.21, while 3 year average PE is 11.9. Also latest EV/EBITDA of Ashapura Minechem is 14.05 while 3yr average is 15.85.
Has the share price of Ashapura Minechem grown faster than its competition?
Ashapura Minechem has given lower returns compared to its competitors. Ashapura Minechem has grown at ~20.05% over the last 9yrs while peers have grown at a median rate of 28.04%
Is the promoter bullish about Ashapura Minechem?
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 Ashapura Minechem is 47.7% and last quarter promoter holding is 47.7%.
Are mutual funds buying/selling Ashapura Minechem?
The mutual fund holding of Ashapura Minechem is stable. The current mutual fund holding in Ashapura Minechem is 0.12% while previous quarter holding is 0.12%.