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Ashapura Minechem Limited
Share Price Target & Analysis

NSE:ASHAPURMIN

248.99

VWAP

250.25

Open

248.74

Close

256.9

High

242.92

Low

483.2

52 Week High

254.42 ⇧
5.68 (2.28%)

ASHAPURMIN

(METALS)
19.1% Momentum

Turnaround Potential

200.45

52 Week Low

15.01

EPS

17.81

PE

12.12

PB

Standard
Quality

Bronze
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 254.42, this results in a dividend yield of 0.2 %.

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 Standard performer in terms of earnings and profit margins with an EPS of 15.01. NSE:ASHAPURMIN book value per share as of today is 20.99. The current price to book ratio for ASHAPURMIN as of Nov 23, 2024 is 12.12.

Valuation of the Stock: The current valuation of ASHAPURMIN stock is like Bronze which means currently the stock is Reasonably Priced. 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 48.32% is very crucial parameter which shows that 48.32% investors are anticipating that the price of ASHAPURMIN share should go up with VWAP at 248.99.

Now, the main question is whether to BUY or SELL, NSE:ASHAPURMIN at current valuation.
As per latest Analysis No. #1923:-

⇑ 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 (Nov 23, 2024)

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

Ashapura Minechem Limited share price moved Up by 2.28% from its previous close of Rs 248.74. ASHAPURMIN stock last traded price is 254.42. ASHAPURMIN share price trend is Up with a total of 324455 stocks traded till now. It has touched an intraday high of Rs 256.9 and an intraday low of Rs 242.92. The ASHAPURMIN trading at 254.42, Up by Rs. 5.68, or 2.28 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 2.28%. ASHAPURMIN share price short term trend is Up. It suggests that ASHAPURMIN Share Price for Tomorrow remains the same with VWAP at 248.99 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

 254.42

ASHAPURMIN Share Price Target Prediction for 2024 ^

 210.2 - 363.5

ASHAPURMIN Share Price Target Prediction for 2025*^

 363.5 - 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
20.9

*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: @253.82

ASHAPURMIN Moving Averages

BUY (4) NEUTRAL (0) SELL (10)
MA Simple Action S1 Expo Action E2
MA_5 243.83 BUY 246.62 BUY
MA_12 245.48 BUY 253.23 BUY
MA_20 262.96 SELL 260.98 SELL
MA_32 279.89 SELL 274.3 SELL
MA_50 289.45 SELL 286.5 SELL
MA_100 316.79 SELL 307.01 SELL
MA_200 346.11 SELL 321.28 SELL

ASHAPURMIN Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 262.96 Downtrend
MACD 0.35 BUY
ADX 28.4 Strong Trend
DMI (+/-) 19.51 / 31.61 Downtrend

ASHAPURMIN Momentum Oscillators

BUY (1) NEUTRAL (9) SELL (2)
Momentum Oscillators Value Action
RSI 44.57 Neutral
STOCHASTIC_K (Fast) 62.95 Neutral
STOCHASTIC_D (Slow) 29.34 Neutral
CCI 42.07 Neutral
PSAR 284.61 SELL
TRUE RANGE 21.19 Neutral
ATR 17.72 Neutral
WILLIAMS R -39.04 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 44.27 Neutral
MOMENTUM -52.38 SELL

ASHAPURMIN Last 1 Year Trend

Duration Value
1 Year -22.21%
3 Months -24.79%
1 Month -17.11%
1 Week -1.9%

ASHAPURMIN Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 23%
NEUTRAL / HOLD 30%
SELL 47%

Most popular Questions & Answers about ASHAPURMIN


Ashapura Minechem Limited stock last traded price is 254.42. ASHAPURMIN share price moved Up by 2.28% from its previous close of Rs 248.74.

Ashapura Minechem Limited share price trend is Up with a total of 324455 stocks traded till now. It has touched an intraday high of Rs 488.032 and an intraday low of Rs 242.92. The ASHAPURMIN trading at 254.42, Up by Rs. 5.68, or 2.28 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 248.99.

The market cap of Ashapura Minechem Limited is ₹1042.9 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Ashapura Minechem Limited as of Nov 22, 2024 is 17.81.

The current price to book ratio for Ashapura Minechem Limited as of Nov 22, 2024 is 12.12.

The highest price of Ashapura Minechem Limited stock is ₹483.2 in the last 52-week.

The lowest price of Ashapura Minechem Limited stock is ₹200.45 in the last 52-week.

Ashapura Minechem Limited share trading at ₹254.42, Up by Rs. 5.68, or 2.28 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 ₹210.2 on downside and ₹363.5 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 ₹363.5 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.

The price of Ashapura Minechem Limited (ASHAPURMIN) shares moved by 2.28%. The short-term trend for ASHAPURMIN share price is Up. It implies that the share price of ASHAPURMIN will stay the same tomorrow and that intraday traders should treat VWAP at 248.99 as a stop loss. Investors with a long-term outlook can track ASHAPURMIN long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of ASHAPURMIN stock is 180. Compared to the current market price of 254.42 INR, the ASHAPURMIN stock is Overvalued by 29.3%.

As per the fundamental analysis of Ashapura Minechem Limited (ASHAPURMIN), it is of Standard quality in terms of earnings and profit margins with an EPS of 15.01. Ashapura Minechem Limited book value per share as of today is 20.99. The current price to book ratio for ASHAPURMIN as of Nov 23, 2024 is 12.12.


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 445.40 45.85 167.63
COALINDIA 414.10 27.38 28.11
NMDC 220.80 21.18 86.69
SMLT 152.08 4.15 84.8
MOIL 295.15 17.08 120.55
GMDCLTD 328.70 19.98 190.99
MAITHANALL 1062.40 287.24 1054.69
IMFA 825.95 81.69 389.59
ORISSAMINE 7551.65 26.09 -17.9
ASHAPURMIN 254.42 15.01 20.99
Updated at: 22 Nov 2024 15:46

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