ASHIMA LTD. SHARE PRICE [LIVE]
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Fundamental analysis
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Name | Dec 22 | Sep 22 |
---|---|---|
Promoters (Change:0.00) | 73.49% | 73.49% |
FIIs (Change:0.00) | 0.32% | 0.32% |
Mutual Funds (Change:-0.00) | 0% | 0% |
Insurance Companies (Change:0.00) | 0% | 0% |
Other DIIs (Change:0.00) | 0% | 0% |
Non Institution (Change:-0.00) | 26.19% | 26.19% |
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About ASHIMASYN
Today's live share price for ASHIMA LTD. is NSE: ₹ 15.65, BSE: ₹ 15.50 with a current market capitalization of .
Ashima (AL), promoted by Chintan N Parikh and Sanjay S Lalbhai, apart from manufacturing synthetic textiles is also into engineering (to manufacture high-tensile fasteners and automobile components), dealership (to sell PFY and POY) and construction. In 1992, after Sanjay Lalbhai's substantial disinvestment, Chintan Parikh acquired a controlling interest in the company. The sizing facility and engineering division were acquired in Jun.'92, as part of the package deal with Anagram Finance. The company set up a 100% EOU to manufacture grey cotton fabrics, which started commercial production in Jun.'93. Within 9 months, this unit was accredited with the ISO-9002 certification. It took over the 20,240 spindles and the entire weaving and processing infrastructure of the Ahmedabad-based Mihir Textiles (of the Sungrace Mafatlal group) in Nov.'93. This was converted into a high-technology denim plant, Ashima Denims, to manufacture and export denim. In 1995, AL promoted Ashima Dyecot with an ultra-modern dye-house to process cotton fabrics and Ashima Spinfab to produce and export finished yarn dyed fabrics. During the year 1999-2000, the captive power plant was fully commissioned and the Company has commissioned one more 3 MW power plant during the year. In pursuit of its strategy to offer one-stop-shop to its international customers, the Company has set up its first garment manufacturing facility. This facility has now commenced full- fledged commercial production and is set to begin despatching garments to leading international and domestic labels this week.
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