MoneyWorks4Me analysed the past 10-year performance of Asahi India Glass Ltd and arrived at the following conclusion:
The 5-year analysis of Asahi India Glass Ltd's performance infers:
We analysed the performance of Asahi India Glass Ltd share prices over the last 10 years. Here is what we found out:
Asahi India Glass (AIS) was incorporated in 1983-1984 as Indian Auto Safety Glass. Later during 1984-1986 the equity stake were transferred to Asahi Glass Company Japan.
AIS are the largest glass company in India, manufacturing a spectrum of international quality automotive safety glass, floatglass, architectural
AIS are the largest glass company in India, manufacturing a spectrum of international quality automotive safety glass, floatglass, architectural processed glass and glass products. Its auto glass commands a market share of 43% and its Float Glass enjoys 31% market share in India.
AIS Auto Glass- It manufactures wide range of glass for auto companies such laminated windshield, antenna printed backlites, solar control glass, glass antennas etc. The client list includes names like Maruti Suzuki India, Reva Motors, Ford India, Volvo India, General motors, Mahindra and Mahindra are among the others.
AIS Float Glass- AIS is manufacturer of float glass like reflective glass and mirror catering to various sectors like automotive safety glass manufacturers, Processors, Aluminum Fabricators and Furniture manufacturers etc.
AIS glass solutions- It offers innovative architectural glass solutions to customers. Its product portfolio includes impact resistant glass, sound resistant glass, shower enclosure, tabletops and shelves.
Awards and Recognition
AIS was rated the â€œBest Indian Company in Glass and Ceramics Categoryâ€ by Dun & Bradstreet.
AIS was given a â€œSuperbrandâ€ status during 2006-2007
AIS was given gold medal by Deming prize committee in 2007.
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