SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Asahi India Glass zooms on getting nod to acquire stake in Shield Autoglass

26 May 2022 Evaluate

Asahi India Glass is currently trading at Rs. 447.00, up by 8.85 points or 2.02% from its previous closing of Rs. 438.15 on the BSE.

The scrip opened at Rs. 459.00 and has touched a high and low of Rs. 477.95 and Rs. 442.00 respectively. So far 54993 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 612.70 on 03-Feb-2022 and a 52 week low of Rs. 308.05 on 02-Jun-2021.

Last one week high and low of the scrip stood at Rs. 477.95 and Rs. 425.00 respectively. The current market cap of the company is Rs. 10902.58 crore.

The promoters holding in the company stood at 54.24%, while Institutions and Non-Institutions held 3.40% and 42.36% respectively.

Asahi India Glass has received approval to purchase 100% equity shares of Shield Autoglass (SAL) from existing shareholders. The board of directors at its meeting held on May 25, 2022 has approved the same.

The object of the acquisition is to get access to downstream consumer retail market segment, which is poised for huge growth. Shield Autoglass has well- established brand, proven track record of quality service and consumer satisfaction, as well as an excellent well- trained employee base, for last 22 years.

Acquisition of retail consumer facing business line of Shield Autoglass will give head-start to the Company in the consumer glass segment. There is no effect of acquisition on the structure of the Company.

Asahi India Glass (AIS) is India’s leading integrated glass company engaged in production and delivery of next-generation glass products and solutions to retail and institutional customers.


Asahi India Glass Share Price

851.60 1.60 (0.19%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×