ASHAPURMIN
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Forensics
Recent events
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Ashapura Minechem To Incorporate Subsidiary In UAE
March 24 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
TO INCORPORATE SUBSIDIARY IN UAE
Source text: ID:nNSE9ZcDtN
Further company coverage: ASHM.NS
March 24 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
TO INCORPORATE SUBSIDIARY IN UAE
Source text: ID:nNSE9ZcDtN
Further company coverage: ASHM.NS
Ashapura Minechem Receives Adjudication Order From SEBI
Feb 11 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
RECEIVES ADJUDICATION ORDER FROM SEBI
Source text: ID:nNSE62WVJ6
Further company coverage: ASHM.NS
Feb 11 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
RECEIVES ADJUDICATION ORDER FROM SEBI
Source text: ID:nNSE62WVJ6
Further company coverage: ASHM.NS
Ashapura Minechem Says Hemul Shah Reappointed As CEO
Feb 5 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM LTD - HEMUL SHAH REAPPOINTED AS CEO
Source text: ID:nBSE1w1n0G
Further company coverage: ASHM.NS
Feb 5 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
ASHAPURA MINECHEM LTD - HEMUL SHAH REAPPOINTED AS CEO
Source text: ID:nBSE1w1n0G
Further company coverage: ASHM.NS
Ashapura Minechem Says Unit Executed Long-Term Strategic Co-Operation Agreement With China Railway
Sept 16 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
UNIT EXECUTED LONG-TERM STRATEGIC CO-OPERATION AGREEMENT WITH CHINA RAILWAY
CHINA RAILWAY TO SUPPORT ASHAPURA IN MINING AND LOGISTICS
Source text: ID:nNSE7rn6Cg
Further company coverage: ASHM.NS
Sept 16 (Reuters) - Ashapura Minechem Ltd ASHM.NS:
UNIT EXECUTED LONG-TERM STRATEGIC CO-OPERATION AGREEMENT WITH CHINA RAILWAY
CHINA RAILWAY TO SUPPORT ASHAPURA IN MINING AND LOGISTICS
Source text: ID:nNSE7rn6Cg
Further company coverage: ASHM.NS
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
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
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
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
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
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
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
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
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
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
India's Ashapura Minechem at 15-yr high on bauxite, iron ore supply contracts
** Shares of minerals provider Ashapura Minechem ASHM.NS rise 2.95% to 335 rupees, highest since Jan 2008
** ASHM on track for a fourth consecutive session of gains, if trend holds
** ASHM says signed two contracts for bauxite, iron ore supply from Guinea, with State Power Investment Corp
** Stock last up 2.8%, extending YTD gains to about 250%
(Reporting by Anisha Ajith in Bengaluru)
** Shares of minerals provider Ashapura Minechem ASHM.NS rise 2.95% to 335 rupees, highest since Jan 2008
** ASHM on track for a fourth consecutive session of gains, if trend holds
** ASHM says signed two contracts for bauxite, iron ore supply from Guinea, with State Power Investment Corp
** Stock last up 2.8%, extending YTD gains to about 250%
(Reporting by Anisha Ajith in Bengaluru)
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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 Pondy Oxides & Chem., Raghav Productivity, Shivalik Bimetal, Prakash Inds., OMDC, Deccan Gold Mines, Mangalam Worldwide. Market Cap of Ashapura Minechem is ₹4,676 Crs. While the median market cap of its peers are ₹2,198 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 2.51 and is ranked 7 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 3.23% and 3yr average dividend payout ratio is 3.23%
How has Ashapura Minechem allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable
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?
Yes, profit is increasing. The profit of Ashapura Minechem is ₹351 Crs for TTM, ₹296 Crs for Mar 2025 and ₹287 Crs for Mar 2024.
Is the debt of Ashapura Minechem increasing or decreasing?
The net debt of Ashapura Minechem is decreasing. Latest net debt of Ashapura Minechem is ₹904 Crs as of Sep-25. This is less than Mar-25 when it was ₹919 Crs.
Is Ashapura Minechem stock expensive?
Ashapura Minechem is not expensive. Latest PE of Ashapura Minechem is 12.4, while 3 year average PE is 13.78. Also latest EV/EBITDA of Ashapura Minechem is 10.91 while 3yr average is 15.55.
Has the share price of Ashapura Minechem grown faster than its competition?
Ashapura Minechem has given better returns compared to its competitors. Ashapura Minechem has grown at ~66.55% over the last 3yrs while peers have grown at a median rate of 32.56%
Is the promoter bullish about Ashapura Minechem?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 47.88% and last quarter promoter holding is 47.79%.
Are mutual funds buying/selling Ashapura Minechem?
The mutual fund holding of Ashapura Minechem is increasing. The current mutual fund holding in Ashapura Minechem is 0.21% while previous quarter holding is 0.12%.
