Asahi Songwon Colors is currently trading at Rs. 203.10, up by 33.85 points or 20.00% from its previous closing of Rs. 169.25 on the BSE.
The scrip opened at Rs. 171.50 and has touched a high and low of Rs. 203.10 and Rs. 171.50 respectively. So far 148216 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 177.90 on 06-Jan-2016 and a 52 week low of Rs. 108.00 on 25-Aug-2015.
Last one week high and low of the scrip stood at Rs. 174.00 and Rs. 151.00 respectively. The current market cap of the company is Rs. 249.25 crore.
The promoters holding in the company stood at 62.28% while Non-Institutions held 37.72%.
Asahi Songwon Colors is reportedly expecting a revenue growth of around 25 percent in the current fiscal year. The company is aiming to maintain its EBITDA margins at around 18 percent. The company’s capacity utilization was significantly higher in the first quarter of 2016 (75 percent versus average of 65 percent).
The company has spent Rs 8 crore on capital expansion of its pigment Alpha Blue and is planning another capex worth Rs 18 crore over the next two years.
Asahi Songwon Colors is in the business of manufacturing pigments. It is a leading player in the Indian Pigment industry and intends to become a leading manufacturer of pigments around the world.
| Company Name | CMP |
|---|---|
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| Shree Pushkar Chem | 204.90 |
| Kiri Industries | 339.00 |
| Bhageria Industries | 166.90 |
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