Why is Automotive Stamp falling/rising?

Sep 05 2025 09:44 PM IST
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As of 05-Sep, Automotive Stampings & Assemblies Ltd's stock price is Rs 490.00, up 2.08%, but it has a year-to-date decline of 25.25% and a one-year drop of 38.93%. The company faces high debt and negative performance over the last four quarters, indicating weak long-term fundamentals despite recent short-term gains.
As of 05-Sep, Automotive Stampings & Assemblies Ltd is experiencing a price increase, with its current price at Rs 490.00, reflecting a rise of Rs 10.0 or 2.08%. The stock has outperformed its sector today by 1.69%, reaching an intraday high of Rs 490. Despite this positive movement, the stock has shown a negative performance over the longer term, with a year-to-date decline of 25.25% and a one-year drop of 38.93%. The company has faced significant challenges, including high debt levels indicated by a Debt-Equity Ratio of 16.53 times and negative results over the last four consecutive quarters, which have contributed to its weak long-term fundamental strength. Additionally, the stock is trading at a discount compared to its peers, but the lack of domestic mutual fund investment suggests a lack of confidence in the company's prospects.

In the broader market context, the stock's short-term performance of +1.68% over the past week outpaces the Sensex's gain of +1.13%, indicating some relative strength in the immediate term. However, the stock has underperformed significantly over the past year, with a return of -38.93% compared to the Sensex's decline of only -1.81%. This stark contrast highlights the ongoing struggles of Automotive Stampings & Assemblies Ltd in a market that, despite its own challenges, has not experienced the same level of decline.
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