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HomeSTOCKSHuge Rise In This Tata Group Company Share; Tata Started New Manufacturing...

Huge Rise In This Tata Group Company Share; Tata Started New Manufacturing Plant

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Automotive Stampings & Assemblies Ltd (NSE: ASAL): The shares of Tata Group’s Automotive Stampings and Assemblies Limited have seen a significant rise. Automotive Stampings shares rose 10% on Friday to Rs 637.05.

The rise in shares of Tata Group is due to an important announcement.

Automotive Stampings announced the start of commercial production in its new manufacturing facility in Jamshedpur.

The 52-week lowest level of Automotive Stampings is Rs 246.15. 

Commercial Production Began On 29 February

Tata Group’s Automotive Stampings, announced in January it was establishing a new manufacturing facility in Jamshedpur.

In its filing on the stock exchange, the company stated: “We are pleased to inform you that from 29 February 2024, commercial production will begin at our new manufacturing facility located in Jamshedpur.”

The market capitalization of Automotive Stampings has risen to Rs 1010 crore.

Shares Of A Company Have Risen By 4800% In Just 4 Years

The shares of Automotive Stampings and Assemblies rose by 4800% over the past 4 years. On March 20, 2020, shares of Automotive Stampings traded at Rs 13.

The shares of the company reached Rs 637.05 on March 1, 2024. Automotive Stampings shares have increased by 1541 percent in the past 3 years.

Over this time, the value of shares in the company has increased from Rs 38.80 to Rs 637.05. The share price of the company has also increased 113% in the last year. 

Automotive Stampings shares have increased by 55% in the last six months. The 52-week high level of the company’s shares is Rs 720.

About Automotive Stampings & Assemblies Ltd Company 

Automotive Stampings and Assemblies Limited is an Indian auto part supplier. 

The Company produces sheet metal stampings, welded assemblies, and other automotive components. The product range of the Company includes structural panels in body-in-white (BIW), skin panels, rear twist beams, and oil sumps. 

It produces sheet metal components, weld assemblies, and modules, for passenger cars, commercial vehicles, and tractors.

The skin parts of cars include the outer side panels (RH), outer side panels (LH), assemblies side walls outer and front panel outer as well as front cabin shield. 

The BIW includes the assembly of the body side interior, the assembly cabin rear wall, and firewall, as well as the assembly panel dash, rail-under-body assembly, and cabin flooring.

The company has three production facilities in Chakan, Pune, as well as Pantnagar.

Fundamental Analysis of Automotive Stampings & Assemblies Ltd

Market Cap₹ 1,004 Cr.
Current Price₹ 633
52-wk High₹ 720 
52-wk Low₹ 246
Stock P/E63.0
Book Value₹ -12.4
Dividend0.00 %
ROCE41.3 %
ROE
Face Value₹ 10.0
P/B Value
OPM5.25 %
EPS₹ 10.0
Debt₹ 86.5 Cr.
Debt to Equity

Automotive Stampings & Assemblies Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹650₹700
2025₹712₹784
2026₹800₹900
2027₹922₹1105
2028₹1200₹1300
2029₹1358₹1542
2030₹1654₹1789
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Automotive Stampings & Assemblies Ltd Shareholding Pattern

Promoters Holding
Dec 202275.00%
Mar 202375.00%
June 202375.00%
Sept 202375.00%
Dec 202375.00%
DII
Dec 20220.00%
Mar 20230.00%
June 20230.00%
Sept 20230.00%
Dec 20230.01%
Public Holding
Dec 202225.00%
Mar 202325.00%
June 202325.00%
Sept 202325.01%
Dec 202325.00%
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Automotive Stampings & Assemblies Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 482 Cr
2020₹ 362 Cr
2021₹ 399 Cr
2022₹ 608 Cr
2023₹ 858 Cr

Last 5 Years’ Net Profit:

2019₹ -13 Cr
2020₹ -17 Cr
2021₹ -30 Cr
2022₹ 52 Cr
2023₹ 16 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019-3.26
2020-2.43
2021-1.74
2022-1.2
2023-1.68
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Last 10 Years’ Profit Growth:

10 Years:15%
5 Years:70%
3 Years:30%
Current Year:349%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:

Sales Growth Over 10 Years:

10 Years:6%
5 Years:20%
3 Years:32%
Current Year:4%

Conclusion

This article is a complete guide about Automotive Stampings & Assemblies Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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