ASK Automotive (Mid Cap - High Growth) Share Target 2024, 2025 To 2039
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ASK Automotive Limited |
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Price: ₹470.60 | ||
| 52 Week Low: ₹240.10 52 Week High: ₹508.95 |
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| Market Capital: 8,690.06 Crore (Midcap) | |||
| Consumer Cyclical -> Auto Parts | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: ASK Automotive Share Price Target For 2024
- 1.1.1: ASK Automotive Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: ASK Automotive Share Price Target For 2025
- 1.2.1: ASK Automotive Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: ASK Automotive Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: ASK Automotive Brief Company Overview
- 4: ASK Automotive Financial Performance
- 4.0.1: Is ASK Automotive A Good Buy For Long Term?
To predict the ASK Automotive'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
ASK Automotive Share Price Target For 2024
The line chart displays the monthly closing prices of ASK Automotive 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 ASK Automotive shares in 2024, see the table below.
ASK Automotive Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 499.4 (+6.11%) | Price Action: 11 Dec 2024 High |
| 2024 Target 2 | 492.7 (+4.69%) | Price Action: 20 Dec 2024 High |
| 2024 Target 1 | 483.0 (+2.63%) | Price Action: 09 Dec 2024 High |
| Current Price | 470.60 | ASK Automotive's share price as of 20 Dec 2024 |
| Stop Loss 1 | 464.0 (-1.41%) | Price Action: 09 Dec 2024 Low |
| Stop Loss 2 | 458.5 (-2.58%) | Price Action: 05 Dec 2024 Low |
| Stop Loss 3 | 453.0 (-3.74%) | Price Action: 04 Dec 2024 Low |
Short-Term Technical Outlook
Current Technical Position: ASK Automotive is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹462.95 serves as the nearest technical reference point.
Historical Returns: 3-month: +7.17% | 6-month: +30.09% | 1-year: +62.40%
ASK Automotive Share Price Target For 2025
The line chart displays the monthly closing prices of ASK Automotive 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 ASK Automotive shares in 2025, see the table below.
ASK Automotive Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 662.46 (+40.76%) | Price Action: Chart |
| 2025 Target 2 | 650.11 (+38.14%) | Price Action: Chart |
| 2025 Target 1 | 643.67 (+36.77%) | Fibonacci Extension Level 150.00% |
| Current Price | 470.60 | ASK Automotive's share price as of 20 Dec 2024 |
| Stop Loss 1 | 429.2 (-8.80%) | Price Action: 30 Oct 2024 Low |
| Stop Loss 2 | 419.89 (-10.78%) | Price Action: 24 Oct 2024 High |
| Stop Loss 3 | 414.89 (-11.84%) | Price Action: 23 Oct 2024 High |
Long-Term Technical Outlook
52-Week Range Analysis: ASK Automotive is currently trading near its 52-week high of ₹508.95, showing strong yearly momentum.
Long-Term Trend Analysis: The stock is maintaining a bullish long-term trend, trading above both 150-day and 250-day moving averages.
Long-Term Performance: 1-year: +62.40% | 3-year: NA | 5-year: NA
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Approach 2: Machine Learning By Studying Historical Prices
ASK Automotive Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹470.60 | ||
| 2024 | ₹485.32 | +3.13% | ₹492.60 |
| 2025 | ₹684.89 | +41.12% | ₹695.16 |
| 2026 | ₹907.65 | +32.52% | ₹921.26 |
| 2027 | ₹1,098.73 | +21.05% | ₹1,115.21 |
| 2028 | ₹1,295.28 | +17.89% | ₹1,314.71 |
| 2029 | ₹1,488.11 | +14.89% | ₹1,510.43 |
| 2030 | ₹1,686.24 | +13.31% | ₹1,711.53 |
| 2031 | ₹1,934.43 | +14.72% | ₹1,963.45 |
| 2032 | ₹2,112.35 | +9.20% | ₹2,144.04 |
| 2033 | ₹2,304.09 | +9.08% | ₹2,338.65 |
| 2034 | ₹2,490.90 | +8.11% | ₹2,528.26 |
| 2035 | ₹2,687.59 | +7.90% | ₹2,735.88 |
| 2036 | ₹2,961.21 | +10.18% | ₹3,005.63 |
| 2037 | ₹3,125.97 | +5.56% | ₹3,172.86 |
| 2038 | ₹3,312.90 | +5.98% | ₹3,362.59 |
| 2039 | ₹3,476.98 | +4.95% | ₹3,529.13 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
ASK Automotive Brief Company Overview
ASK Automotive Limited: A Leading Automotive Components Manufacturer in India ASK Automotive Limited is a well-established company with over three decades of experience in the automotive industry. The company is renowned for its advanced braking systems and lightweighting...
solutions. ASK Automotive's diverse offerings include: Brake Systems: Brake panel assemblies, brake shoes, disc brake pads, clutch plates and shoes, brake liners Lightweighting Solutions: Aluminum lightweighting precision solutions for two and four-wheeler, and electric vehicles Safety Control Cables: Front and brake cable, clutch cable, throttle cable, speedometer cable, starter cable/choke cable assemblies The company has a strong commitment to quality and innovation, ensuring its products meet the highest industry standards.ASK Automotive Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 8,690.06 Crore | Market valuation of ASK Automotive's shares. |
| Revenue (TTM) | 3,380.23 Crore | Total revenue generated by ASK Automotive over the past twelve months. |
| Net Income (TTM) | +2,218,193,920.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | +9.77% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | +6.56% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) |
+22.70% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) |
+63.10% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio |
43.43 | Company's total debt divided by total shareholder equity. |
| Total Debt | 399.85 Crore | Sum of ASK Automotive's current & long-term financial obligations. |
| Total Cash | 2.95 Crore | Total amount of liquid funds available to ASK Automotive. |
Is ASK Automotive A Good Buy For Long Term?
ASK Automotive, a mid-cap stock with a market capitalization of ₹8,690.06 Crore, shows mixed signals for long-term investment. While its Q2 2024-25 revenue increased by 22.7% quarter-over-quarter and earnings jumped 63.1% year-over-year, a low profit margin of 6.56% and substantial debt (₹399.85 Crore) against minimal cash (₹2.95 Crore) raise concerns. Impressive short-term returns (48.89% YTD) contrast sharply with zero returns over the past three and five years. More in-depth analysis is needed before considering it a good long-term buy; currently, it's an average buy at best.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
