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Ashapura Minechem Share Price Target 2024, 2025, 2026 to 2039 With Charts

Ashapura Minechem Limited

Company LogoSymbol: ASHAPURMIN
Price: ₹246.95
Exchange: NSE
Basic Materials -> Other Industrial Metals & Mining
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Ashapura Minechem Brief Company Overview

Ashapura Minechem Limited: A Solid Foundation in Mining and Manufacturing

Established in 1960, Ashapura Minechem Limited is a prominent player in the mining, manufacturing, and trading of minerals and derivative products globally.

The company's extensive product range includes bentonite, bauxite, refractory materials, mineral solutions, adsorbent solutions, building materials, chemical products, white mineral solutions, kaolin, silica sand, ball clay, and clay products.

Ashapura Minechem's products cater to diverse industries, including aluminum, foundry, cosmetics, construction, paper, abrasives, refactories, oil well drilling, hydraulic fracturing, water purification, and pharmaceuticals.

The company is dedicated to providing innovative solutions and maintaining the highest quality standards. Its commitment to excellence has earned it a strong reputation in the industry.


Ashapura Minechem Financial Performance

MetricValueDescription
Market Capital2,471.54 CroreMarket valuation of Ashapura Minechem's shares.
Revenue (TTM)2,350 CroreTotal revenue generated by Ashapura Minechem over the past twelve months.
Net Income (TTM)+243.77 CroreNet Profit or Loss after all the expenses over the past twelve months.
Operating Margin9.81%Income from operations as a percentage of revenue, before taxes and interest.
Profit Margin10.37%Net income as a percentage of revenue, after all expenses.
Revenue Growth
(Quarterly)
-29.8%Change in revenue compared to the previous quarter.
Earnings Growth
(YOY Quarterly)
-42.1%Change in earnings compared to the same quarter last year.
Debt-to-Equity
(D/E) Ratio
107.22Company's total debt divided by total shareholder equity.
Total Debt983.57 CroreSum of Ashapura Minechem's current & long-term financial obligations.
Total Cash144.88 CroreTotal amount of liquid funds available to Ashapura Minechem.
Beta1.02Beta is greater than 1 indicating that the Ashapura Minechem's price is more volatile than the market.

Is Ashapura Minechem A Good Buy For Long Term?

Ashapura Minechem, a small-cap stock with a market capitalization of ₹2,244.99 crore, presents a mixed picture for long-term investors. While its ₹243.77 crore net profit (TTM) and significant past 3 & 5-year returns (133.50% and 705.77% respectively) are positive indicators, recent performance is concerning. A -42.1% year-on-year earnings drop in Q1 2024-25, coupled with a -39.72% YTD return, raises serious concerns. High debt (₹983.57 crore) against a cash balance of ₹144.88 crore further complicates the outlook. Therefore, it's currently a NOT A GOOD BUY for long-term investment. Further investigation and careful risk assessment are advised.

To predict the Ashapura Minechem's future market prices, we harnessed 2 dynamic approaches:

Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices

Approach 1: Technical Analysis Paired With Price Action

Ashapura Minechem Share Price Target For 2024

Ashapura Minechem Targets For 2024 Chart

The line chart displays the monthly closing prices of Ashapura Minechem with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Ashapura Minechem shares in 2024, see the table below.

Ashapura Minechem Share Price Target Table For 2024

Ashapura Minechem's LevelsValueReason/Importance
2024 Target 3254.72 (+3.14%)Custom Fibonacci Extension Lvl 82%
2024 Target 2251.69 (+1.91%)Custom Fibonacci Extension Lvl 50%
2024 Target 1249.18 (+0.9%)Custom Fibonacci Extension Lvl 23.6%
Current Price246.95Ashapura Minechem's 1 share price as of Thu 21 Nov 2024
Stop Loss 1246.20 (-0.31%)Fibonacci Retracement Level 71.8%
Stop Loss 2243.66 (-1.34%)Fibonacci Retracement Level 98.6%
Stop Loss 3240.86 (-2.47%)Fibonacci Retracement Extended 28.2%

Summary: Ashapura Minechem Share Price Prediction For 2024

In summary, Ashapura Minechem has declined by ₹-174.05, recording a notable -41.34% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Ashapura Minechem for 2024 predicts an additional rise of 0.9% to 3.14% by the end of 2024 with three potential targets T1: 249.18, T2: 251.69, T3: 254.72. Stop Loss at SL1: 246.20, SL2: 243.66, SL3: 240.86.

Ashapura Minechem has a 52-week high of ₹483.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹200.45, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's share price prediction, let's now check what 2025 might hold for Ashapura Minechem.

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Ashapura Minechem Share Price Target For 2025

Ashapura Minechem Targets For 2025 Chart

The line chart displays the monthly closing prices of Ashapura Minechem with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.

For detailed target and stop loss values for Ashapura Minechem shares in 2025, see the table below.

Ashapura Minechem Share Price Target Table For 2025

Ashapura Minechem's LevelsValueReason/Importance
2025 Target 3419.57 (+69.9%)Price Action: Chart
2025 Target 2411.75 (+66.73%)Price Action: Chart
2025 Target 1407.67 (+65.08%)Custom Fibonacci Extension Lvl 64.9%
Current Price246.95Ashapura Minechem's 1 share price as of Thu 21 Nov 2024
Stop Loss 1200.45 (-18.83%)Price Action: 29 Oct 2024 Low
Stop Loss 2198.45 (-19.64%)Price Action: Chart
Stop Loss 3194.88 (-21.09%)Price Action: Chart

Summary: Ashapura Minechem Share Price Prediction For 2025

In summary, Ashapura Minechem has declined by ₹-174.05, recording a notable -41.34% decrease from 1st January 2024 to 21 Nov 2024. Despite the setback, our analysis of Ashapura Minechem for 2025 predicts an additional rise of 65.08% to 69.9% by the end of 2025 with three potential targets T1: 407.67, T2: 411.75, T3: 419.57. Stop Loss at SL1: 200.45, SL2: 198.45, SL3: 194.88.

Ashapura Minechem has a All-Time high of ₹483.20, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹200.45, a critical support level - think of this as a safety net where the price might stop falling.

After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Ashapura Minechem, we have created a specific page for that check here: Ashapura Minechem Share Price Target For Tomorrow & Next Week

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Approach 2: Machine Learning By Studying Historical Prices

Ashapura Minechem Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039

Ashapura Minechem Targets Chart 2024, 2025, 2026 to 2039

This chart presents a detailed projection of Ashapura Minechem share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.66% over the next 15 years.

For complete year by year Ashapura Minechem long term share price target from 2024, 2025 to 2039 check the below table.

Ashapura Minechem Share Price Target Table From 2024, 2025, 2026 to 2039

YearAshapura Minechem TargetYoY Change %
2024₹246.95[Current Price]
2024₹250.21.31%
2025₹207.58-17.04%
2026₹549.21164.57%
2027₹992.8480.77%
2028₹894.78-9.88%
2029₹379.35-57.61%
2030₹577.3952.2%
2031₹835.1844.64%
2032₹1,461.0574.93%
2033₹1,280.38-12.37%
2034₹529.86-58.62%
2035₹789.6349.02%
2036₹1,121.1541.98%
2037₹1,929.2672.07%
2038₹1,665.98-13.65%
2039₹1,171.58-29.68%

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Ashapura Minechem Past Performance

ASHAPURMIN main
Ashapura Minechem has been listed on NSE for more than 28 years.
  • In 1996, Ashapura Minechem opening price was ₹8.69
  • As of Thu 21 Nov 2024 the price stands at ₹246.95.
  • This represents a Compound Annual Growth Rate (CAGR) of 12.23%.
  • In 28 years, an investment of 10,000 would have become ₹2.83 Lakh.

As we wrap up, we hope you like our study on Ashapura Minechem share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Ashapura Minechem Limited, explore these additional resources:-

Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.

About The Author

Nippun

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, and let’s learn from each other. My Twitter