Automotive Stampings and Assemblies is currently trading at Rs. 46.35, down by 2.05 points or 4.24% from its previous closing of Rs. 48.40 on the BSE.
The scrip opened at Rs. 47.00 and has touched a high and low of Rs. 47.15 and Rs. 45.10 respectively. So far 10849 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.00 on 23-Feb-2012 and a 52 week low of Rs. 42.25 on 03-Dec-2012.
Last one week high and low of the scrip stood at Rs. 50.60 and Rs. 48.00 respectively. The current market cap of the company is Rs. 73.45 crore.
The promoters holding in the company stood at 75.00% while Institutions and Non-Institutions held 3.04% and 21.96% respectively.
Automotive Stampings and Assemblies has reported results for third quarter ended December 31, 2012.
The company has reported a net loss of Rs 2.21 crore for the quarter ended December 31, 2012 as compared to a net profit of Rs 0.90 crore for the same quarter in the previous year. Total income of the company has decreased by 31.73% at Rs 106.97 crore for quarter under review as compared to Rs 156.69 crore for the quarter ended December 31, 2011.
Automotive Stampings and Assemblies is into the production of a wide range of sheet metal components for the automotive industry. Its product mix can be broadly classified into three categories: (i) Structural Panels and Skin Panels for the vehicle body (BIW) (ii) Modules and Aggregates including Chassis sub-assemblies (Under body) (iii) Oil Sumps and Fuel tanks. Its products mainly cater to passenger and commercial vehicles.
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