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Asahi India Glass shines on reporting 29% rise in Q2 consolidated net profit Asahi India Glass is currently trading at Rs. 631.90, up by 18.95 points or 3.09% from its previous closing of Rs. 612.95 on the BSE. The scrip opened at Rs. 612.65 and has touched a high and low of Rs. 635.00 and Rs. 612.65 respectively. So far 4538 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 693.80 on 09-Sep-2022 and a 52 week low of Rs. 382.10 on 07-Mar-2022. Last one week high and low of the scrip stood ...
Asahi India Glass shines on reporting 29% rise in Q2 consolidated net profit
Asahi India Glass shines on reporting 29% rise in Q2 consolidated net profit
Source: Accord Fintech
1/11/2022 11:08:19 AM
Investments worth Rs 10.44L cr lined up ahead of next month`s Invest Rajasthan Summit With investments of over Rs 10.44 lakh crore lined up ahead of the Invest Rajasthan Summit to be held here on October 7-8, Rajasthan is poised to take a significant step towards a new era of industrialisation, Shakuntla Rawat, state Minister of Industries and Commerce, said on Saturday. Addressing the media at the Udyog Bhawan here, Rawat said, "The Invest Rajasthan Summit will be held in Jaipur on October 7 and 8. Approximately 3,000 delegates from diverse sectors and industries will...
Investments worth Rs 10.44L cr lined up ahead of next month`s Invest Rajasthan Summit
Investments worth Rs 10.44L cr lined up ahead of next month`s Invest Rajasthan Summit
Source: IANS
4/09/2022 9:22:26 AM
Axis Top Picks For The Week : Asahi India Glass Ltd, Indo Count Industries Ltd, DCB Bank Ltd, Aditya Birla Fashion and Retail Ltd Asahi India Glass Limited • On the weekly time frame the stock has decisively broken out eight months “cup & handle” breakout at 600 levels on a closing basis . This breakout is accompanied with huge volumes indicating increased participation • The stock is well placed above 20, 50, 100 and 200 day SMA’s which reconfirms bullish trend • On the daily and the weekly time frame, the stock is in strong up trend forming a series of higher tops and bott...
Axis Top Picks For The Week : Asahi India Glass Ltd, Indo Count Industries Ltd, DCB Bank Ltd, Aditya Birla Fashion and Retail Ltd
Axis Top Picks For The Week : Asahi India Glass Ltd, Indo Count Industries Ltd, DCB Bank Ltd, Aditya Birla Fashion and Retail Ltd
Source: Axis Securities Ltd
28/08/2022 5:48:57 PM
Asahi India Glass Q4 net profit jumps 52.20% at Rs 128.96 cr The company reported standalone net profit of Rs 128.96 crore for the quarter ended March 31, 2022 as compared to Rs 84.73 crore in the same period last year, registering a year-on-year growth of 52.20 per cent. Net revenue of the company rose moderately by 15.75 per cent at Rs 923.10 crore in January-March quarter of this fiscal as against Rs 797.52 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 9.67 per cent to Rs 680.81 crore from...
Asahi India Glass Q4 net profit jumps 52.20% at Rs 128.96 cr
Asahi India Glass Q4 net profit jumps 52.20% at Rs 128.96 cr
Source: Dion Global Solutions Ltd
26/05/2022 11:09:08 AM
Buy Asahi India Glass Ltd For Target Rs.471 - ICICI Securities Mix, cost reduction measures cushion margins Asahi India Glass’ (Asahi) Q1FY22 operating numbers were a beat on consensus estimates as EBITDA margin came in at 20.3% (down 242bps QoQ) despite 26% QoQ drop in revenues to ~Rs6bn. Faster growth in architectural segment (down 22%QoQ) led to superior mix (contribution rose to 44.6%, up 279bps QoQ), thus aiding margins. We remain positive on the stock due to: i) it being one of the best proxy plays (~72% market share) for domestic PV re...
Buy Asahi India Glass Ltd For Target Rs.471 - ICICI Securities
Buy Asahi India Glass Ltd For Target Rs.471 - ICICI Securities
Source: ICICI Securities
14/09/2021 10:26:03 AM
Buy Asahi India Glass Ltd For Target Rs.404 - ICICI Securities   Operating leverage, product mix aid margins Asahi India Glass’ (Asahi) Q4FY21 operating numbers were a beat on consensus estimates as revenue rose 36% YoY to Rs8bn while EBITDA margin came in at 22.7% (up 703bps YoY). Faster growth in architectural segment (up 46%YoY) has led to superior mix (contribution rose to 42.4%/ up 300bps), thus aiding margins. We remain positive on the stock due to i) strong proxy play for domestic PV recovery coupled with headroom for content incr...
Buy Asahi India Glass Ltd For Target Rs.404 - ICICI Securities
Buy Asahi India Glass Ltd For Target Rs.404 - ICICI Securities
Source: ICICI Securities Ltd
3/07/2021 11:33:06 AM
Buy Asahi India Glass Ltd For Target Rs.361 - ICICI Securities Growth, mix surprise aids margin improvement Asahi India Glass’ (Asahi) Q3FY21 operating numbers were a beat as EBITDA margins came in at 24% (up 640bps YoY), while revenues rose 9.3% YoY to Rs7.4bn. The margin beat was driven by improvement of gross margins/ lower fixed costs (both ~160bps) coupled with lower power and fuel costs (~300bps). We remain positive on the stock due to i) strong recovery in auto segment expected in FY22 (expect 15-20% OEM volume growth); ii) continued gro...
Buy Asahi India Glass Ltd For Target Rs.361 - ICICI Securities
Buy Asahi India Glass Ltd For Target Rs.361 - ICICI Securities
Source: ICICI Securities Ltd
12/03/2021 9:12:55 AM
Buy Asahi India Glass Ltd For Target Rs.317 - HDFC Securities Buy Asahi India Glass Ltd For Target Rs.317 - HDFC Securities Our Take:   Asahi India Glass (AIS) is present across the entire value chain of architectural and automotive glass. The company has been introducing new products looking at the changing life styles and customer demands and in order to stay competitive and relevant in the market. Asahi has a dominant 73% market share in Indian passenger car glass market and is the 2 nd largest producer of architectural glass in I...
Buy Asahi India Glass Ltd For Target Rs.317 - HDFC Securities
Buy Asahi India Glass Ltd For Target Rs.317 - HDFC Securities
Source: HDFC Securities Ltd
8/01/2021 11:57:54 AM