Automotive Stampings & Assemblies Faces Financial Challenges Amid Significant Stock Volatility
Automotive Stampings & Assemblies has faced notable volatility, reaching a new 52-week low and experiencing a three-day losing streak. The stock is trading below key moving averages and has declined significantly over the past year, raising concerns about its financial health amid decreasing net sales and operating profit.
Automotive Stampings & Assemblies has experienced significant volatility today, hitting a new 52-week low of Rs. 402.65. The stock has underperformed the auto ancillary sector, declining by 3.99% and marking a consecutive three-day losing streak with a total drop of 14.1%. Opening the day with a notable gap down of 14.69%, the stock reached an intraday low of Rs. 402.65, reflecting high volatility with an intraday fluctuation of 6.95%.In terms of moving averages, Automotive Stampings & Assemblies is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Over the past year, the stock has seen a decline of 40.28%, contrasting sharply with the Sensex's performance, which has decreased by only 2.30%.
The company's financial health raises concerns, with a negative book value and a high debt-to-equity ratio. Recent results show a decline in net sales and operating profit, further emphasizing the challenges faced by Automotive Stampings & Assemblies in the current market environment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
