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Automotive Stampings & Assemblies Share Price

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NSEBSE

768.4030.40 (4.12%)

12:00 AM,12th Apr 2024

770.5533.15 (4.50%)

12:00 AM,12th Apr 2024

BSE : 520119

NSE : ASAL

Sector : Auto

ISIN Code : INE900C01027

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Last Updated: Apr 12 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1218

Turnover (₹ Cr)

1.29

Volume (Shares)

168174

Face Value

10

52-WK High

822.70

52-WK High Date

08 Apr 2024

52-WK Low

301.85

52-WK Low Date

24 Apr 2023

All Time High

925.45

All Time High Date

11 Jan 2022

All Time Low

2.27

All Time Low Date

08 Nov 2000

Automotive Stampings & Assemblies Ltd

Automotive Stampings and Assemblies Limited (ASAL) a TATA AutoComp Systems Limited subsidiary and a part of TATA Enterprise was incorporated in March 1990 as JBM Tools Ltd and subsequently on August 1 2003 the name of the Company was changed to Automotive Stampings and Assemblies Limited. The Company is engaged in the business of manufacturing sheet metal stampings welded assemblies and modules for the automotive industry. They are having four manufacturing facilities located at Bhosari (Maharashtra) Chakan (Maharashtra) Halol (Gujarat) and Pantnagar (Uttarakhand).Initially the Company was promoted by the SK Arya group and Haryana State Industrial & Infrastructure Development Corporation. In October 1990 they commenced operations at Faridabad by developing dies moulds & tools for various Original Equipment Manufacturers (OEM) of Automobiles.In January 1994 the company commenced operations for manufacture of sheet metal components Project for manufacture of 3500 tpa of sheet metal components. In March 1994 they came out with their maiden initial public offer and in May 1994 their shares were listed on Bombay Stock Exchange. In December 1995 the company set up a new manufacturing plant at Bhosari. In February 1997 they started manufacturing operations at their new plant at Halol.In July 1997 Tata Group companies namely Tata AutoComp Systems Ltd (TACO) & Tata Industries Ltd (TIL) entered into a 50:50 Joint Venture with the then promoter SKA. In August 1997 the company entered into a joint venture agreement with Sung Woo Metal Co Ltd South Korea & Mitsubishi Corporation Japan to promote JBM Sung Woo Pvt Ltd at Chennai. In December 1997 the company entered into a joint venture agreement with Krupp Camford Ltd UK to promote Krupp JBM Pvt Ltd at Chennai. In January 1998 the company set up a new manufacturing plant at Chakan and commenced commercial operations. In June 2001 as per the scheme of arrangement the Faridabad undertaking of the company was transferred to Precious Estates Pvt Ltd. In April 2002 TACO and TIL bought over SKA's holding in the company to increase their combined shareholding to 81.35%. In the year 2004 TIL transferred their shares in the company (except 100 shares) to TACO. Also they received ISO 9001 for their Bhosari plant and Chakan plant.In February 2007 the company entered a share purchase agreement with Gestamp Servicios S.L. whereby Gestamp Servicios S.L. in order to benefit from Spanish group Gestamp's technological expertise. Subsequently in August 2007 Gestamp Servicios S.L. became the joint promoter of the company by acquiring 37.49% stake from TACO and 0.01% from public through an open offer. In May 2008 the company set up a new plant for manufacture of sheet metal components with a capacity of 17000 tpa at Pantnagar at Uttarakhand. In January 27 2010 TIL sold their balance shareholding of one hundred shares in the open market. In December 10 2010 as per share purchase agreement between TACO and Gestamp Servicios S. L. TACO acquired entire stake of Gestamp in the company and thus the company Gestamp ceased to be one of the promoters of the company and the company became a subsidiary of TACO. In December 2010 the company completed the capacity expansion for 1 ton goods and passenger carrier programme of the customer at PantnagarThe capacity expansion at Pantnagar Plant for 1 ton goods and passenger carrier programme of the customer was completed in December 2010. On December 10 2010 in terms of the Share Purchase Agreement between Tata AutoComp Systems Limited (TACO) and Gestamp Servicios S. L. (Gestamp) TACO acquired the entire stake of Gestamp in the Company by way of inter-se transfer of shares amongst qualifying promoters in accordance with the provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 1997. Post the above acquisition Gestamp ceased to be one of the promoters of the Company and the Company became a subsidiary of TACO.The expansion of first phase at Halol Plant was completed in 2013.During the year 2022-23 the Company started manufacturing of `Battery Tray' and `Aluminium Cooling Tube as part of Govt's AtmaNirbhar Bharat initiatives.

Automotive Stampings & Assemblies Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1218

EPS - TTM (₹) [S]

10.04

P/E Ratio (X) [S]

-62.22

Face Value (₹) 10
Latest Dividend (%)15.00
Latest Dividend Date 12 Jul 2012
Dividend Yield (%) -
Book Value Share (₹) [S]-12.35
P/B Ratio (₹) [S]-62.22
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

737.00

809.80

Week Low/High

623.10

823.00

Month Low/High

533.00

823.00

Year Low/High

301.85

823.00

All time Low/High

2.56

925.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week7.32%7.11%0.000.03%
1 Month27.49%27.69%0.780.82%
3 Month71.36%71.31%2.312.85%
6 Month86.50%86.44%11.8013.77%
1 Year140.95%141.29%22.9426.43%
3 Year2239.12%2264.31%55.0557.36%

Company Info

Company Information

Non-Exec & Non-Independent Dir : Bharatkumar Parekh

Non-Exec & Non-Independent Dir : Arvind Goel

Non-Exec. & Independent Dir. : Bhavna Bindra

Non-Exec. & Independent Dir. : Prakash Gurav

Non Executive Director : Amit Dey

Independent Director : Deepak Mahendra

Company Sec. & Compli. Officer : Shrikant Joshi

Registered Office: TACO House Plot No 20/B FPN085, VG Tamle Path Erandwane,Pune,Maharashtra-411004 Ph: 91-020-66085000

Email:cs@autostampings.com

URL:http://www.autostampings.com