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Ashapura Minechem Limited
Share Price Target & Analysis

NSE:ASHAPURMIN

327.73

VWAP

325.90

Open

325.15

Close

332.15

High

317.95

Low

483.20

52 Week High

327.65 ⇧
2.50 (0.77%)

ASHAPURMIN

(METALS)
57.6% Momentum

Turnaround Potential

116.50

52 Week Low

11.55

EPS

18.37

PE

120.46

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: ASHAPURMIN Share Price Financial Analysis & Valuation

Ashapura Minechem Limited (ASHAPURMIN) is broadly categorized in METALS segment industry which deals in Mining & Minerals vertical. It is one of Small Cap company with Market Capitalization of Rs 1042.9 (in Cr). Total number of free float shares are 8.7 (in Lacs). Ashapura Minechem Limited is listed on NSE with Exchange ID - INE348A01023 and trading code is NSE:ASHAPURMIN with short name Ashapura Mine.

In the past 1 year, Ashapura Minechem Limited has declared an equity dividend of Rs 0.5 per share. At the current share price of ASHAPURMIN at Rs 327.65, this results in a dividend yield of 0.15 %.

As per the Fundamental Analysis of NSE:ASHAPURMIN, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine ASHAPURMIN underlying value and future prospects. All of this data is available in ASHAPURMIN financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:ASHAPURMIN, it is clearly understood that ASHAPURMIN is Economical performer in terms of earnings and profit margins with an EPS of 11.55. NSE:ASHAPURMIN book value per share as of today is 2.72. The current price to book ratio for ASHAPURMIN as of May 15, 2024 is 120.46.

Valuation of the Stock: The current valuation of ASHAPURMIN stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of ASHAPURMIN whether to BUY this stock at current valuation. The delivery percentage of ASHAPURMIN is 55.89% is very crucial parameter which shows that 55.89% investors are anticipating that the price of ASHAPURMIN share should go up with VWAP at 327.73.

Now, the main question is whether to BUY or SELL, NSE:ASHAPURMIN at current valuation.
As per latest Analysis No. #1501:-

⇑ STRONG BUY ASHAPURMIN if All Greens

⇗ BUY ASHAPURMIN (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD ASHAPURMIN (With Stop Loss) if only 1 Green

⇘ SELL ASHAPURMIN if NO Green Indicator

NSE: ASHAPURMIN Share Price Today (May 15, 2024)

(Ashapura Minechem Limited Daily Analysis on the basis of ASHAPURMIN Intraday Graph & Trend)

Ashapura Minechem Limited share price moved Up by 0.77% from its previous close of Rs 325.15. ASHAPURMIN stock last traded price is 327.65. ASHAPURMIN share price trend is Up with a total of 124142 stocks traded till now. It has touched an intraday high of Rs 332.15 and an intraday low of Rs 317.95. The ASHAPURMIN trading at 327.65, Up by Rs. 2.50, or 0.77 percent which suggests that most of the Traders are anticipating that the price of ASHAPURMIN share should go Up.

NSE: ASHAPURMIN Share Price Tomorrow Prediction

(Ashapura Minechem Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of ASHAPURMIN)

Ashapura Minechem Limited share price moved Up by 0.77%. ASHAPURMIN share price short term trend is Up. It suggests that ASHAPURMIN Share Price for Tomorrow remains the same with VWAP at 327.73 will be treated as stop loss for intraday traders. Ashapura Minechem Limited Long term investors can follow the ASHAPURMIN long term trend as mentiond in future forecast table.

NSE Code

NSE: ASHAPURMIN

ASHAPURMIN Share Price Today

 327.65

ASHAPURMIN Share Price Target Prediction for 2024 ^

 289.3 - 485.6

ASHAPURMIN Share Price Target Prediction for 2025*^

 485.6 - 517.3

ASHAPURMIN Share Price Target Prediction for 2026*^

 517.3 - 553.5

ASHAPURMIN Share Price Target Prediction for 2027*^

 581

ASHAPURMIN Share Price Target Prediction for 2028*^

 598

ASHAPURMIN Share Price Target Prediction for 2030*^

 652
ASHAPURMIN Current Book Value 2023
2.7

*Ashapura Minechem Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^ASHAPURMIN share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

ASHAPURMIN Technical Analysis

Candlestick Pattern: @333.3

ASHAPURMIN Moving Averages

BUY (2) NEUTRAL (0) SELL (12)
MA Simple Action S1 Expo Action E2
MA_5 334.91 SELL 334.93 SELL
MA_12 338.78 SELL 338.97 SELL
MA_20 345.86 SELL 342.58 SELL
MA_32 344.81 SELL 350.2 SELL
MA_50 359.66 SELL 357.3 SELL
MA_100 385.43 SELL 360.51 SELL
MA_200 326.47 BUY 321.93 BUY

ASHAPURMIN Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 345.86 Downtrend
MACD 0.07 BUY
ADX 19.03 NO or Weak Trend
DMI (+/-) 17.93 / 24.09 Downtrend

ASHAPURMIN Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
Momentum Oscillators Value Action
RSI 41.97 Neutral
STOCHASTIC_K (Fast) 19.66 Oversold
STOCHASTIC_D (Slow) 26.99 Neutral
CCI -48.38 Neutral
PSAR 363.83 SELL
TRUE RANGE 11.55 Neutral
ATR 15.49 Neutral
WILLIAMS R -79.21 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 13.16 Oversold
MOMENTUM -33 SELL

ASHAPURMIN Last 1 Year Trend

Duration Value
1 Year 136.72%
3 Months -23.65%
1 Month -9.01%
1 Week -3.84%

ASHAPURMIN Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 27%
SELL 63%

Most popular Questions & Answers about ASHAPURMIN


Ashapura Minechem Limited stock last traded price is 327.65. ASHAPURMIN share price moved Up by 0.77% from its previous close of Rs 325.15.

Ashapura Minechem Limited share price trend is Up with a total of 124142 stocks traded till now. It has touched an intraday high of Rs 488.032 and an intraday low of Rs 317.95. The ASHAPURMIN trading at 327.65, Up by Rs. 2.50, or 0.77 percent which suggests that most of the Traders are anticipating that the price of ASHAPURMIN share should go Up and the Stop Loss will be around 327.73.

The market cap of Ashapura Minechem Limited is ₹1042.9 (in Cr) as of May 14, 2024.

The current price to earning ratio for Ashapura Minechem Limited as of May 14, 2024 is 18.37.

The current price to book ratio for Ashapura Minechem Limited as of May 14, 2024 is 120.46.

The highest price of Ashapura Minechem Limited stock is ₹483.20 in the last 52-week.

The lowest price of Ashapura Minechem Limited stock is ₹116.50 in the last 52-week.

Ashapura Minechem Limited share trading at ₹327.65, Up by Rs. 2.50, or 0.77 percent which suggests that most of the traders are anticipating that the price of ASHAPURMIN share should go Up.

In 2023, Stock price target for Ashapura Minechem Limited (ASHAPURMIN) are ₹289.3 on downside and ₹485.6 on upside. Ashapura Minechem Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Ashapura Minechem Limited (ASHAPURMIN) are ₹485.6 on downside and ₹517.3 on upside. Ashapura Minechem Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Ashapura Minechem Limited (ASHAPURMIN) are ₹517.3 on downside and ₹553.5 on upside. Ashapura Minechem Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Ashapura Minechem Limited (ASHAPURMIN) will be around ₹598 Ashapura Minechem Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of ASHAPURMIN.

As per the fundamental analysis of Ashapura Minechem Limited (ASHAPURMIN), it is of Economical quality in terms of earnings and profit margins with an EPS of 11.55. Ashapura Minechem Limited book value per share as of today is 2.72. The current price to book ratio for ASHAPURMIN as of May 15, 2024 is 120.46.


NSE:ASHAPURMIN News & Other Useful Information about ASHAPURMIN Share Price


Peer Comparison of NSE: ASHAPURMIN

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Mining & Minerals

Company Price EPS BV
VEDL 432.55 17.82 176.3
COALINDIA 448.50 25.58 28.11
NMDC 265.05 22 76.2
SMLT 239.90 13.43 76.69
MOIL 440.05 13.91 110.29
GMDCLTD 409.60 27.05 181.11
MAITHANALL 1256.75 106.7 938.01
IMFA 708.65 68.85 344.53
ORISSAMINE 6308.20 0 -21.34
ASHAPURMIN 327.65 11.55 2.72
Updated at: 14 May 2024 15:50

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