Ashika Credit Capital Ltd (ASHIKA) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{ "main_header": { "sid": 630303, "name": "Ashika Credit", "stock_name": "Ashika Credit", "full_name": "Ashika Credit Capital Ltd", "name_url": "stocks-analysis/ashika-credit", "exchange": 0, "exchangecode": "", "primexch": 1, "country_id": 34, "currency": "INR", "cmp": "348.70", "chg": -3.6, "chgp": "-1.02%", "dir": -1, "prev_price": "352.30", "mcapval": "1,586.00 Cr", "mcap": "Micro Cap", "scripcode": 543766, "symbol": "ASHIKA", "ind_name": "Non Banking Financial Company (NBFC)", "ind_code": 5, "indexname": "India SENSEX", "isin": "INE094B01013", "curr_date": "May 29", "curr_time": "", "bse_nse_vol": "3.71 lacs", "exc_status": "Active", "traded_date": "May 29, 2026", "traded_date_str": "2026 05 29", "score": "", "scoreText": "", "Live": 0, "market_time": 0, "is_blur": 1, "is_blur_class": "blur-register-score-header", "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/ashika-credit-630303-0&utm_source=Spage_Header_Score", "mojoone": { "ismore": 0 } }, "news": { "results": [ { "title": "Ashika Credit Capital Ltd Technical Momentum Shifts Amid Mixed Indicator Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-technical-momentum-shifts-amid-mixed-indicator-signals-4015741", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_technicaldot_4015741.png", "date": "2026-05-27 08:03:09", "description": "Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has experienced a notable shift in its technical momentum, moving from a mildly bullish stance to a sideways trend. Despite a recent downgrade in its Mojo Grade from Strong Sell to Sell, the stock’s technical indicators present a complex picture, with mixed signals from MACD, RSI, moving averages, and other momentum oscillators. This article analyses these technical parameters in detail, placing the stock’s recent price action in context with broader market movements and historical returns." }, { "title": "Ashika Credit Capital Ltd Upgraded to Sell on Improved Technicals and Valuation", "link": "https://www.marketsmojo.com/news/stock-recommendation/ashika-credit-capital-ltd-upgraded-to-sell-on-improved-technicals-and-valuation-4012916", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_mojoScore_4012916.png", "date": "2026-05-26 08:28:42", "description": "Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen its investment rating upgraded from Strong Sell to Sell as of 25 May 2026. This change reflects a nuanced improvement across technical indicators and valuation metrics, despite ongoing challenges in financial performance and market returns." }, { "title": "Ashika Credit Capital Ltd Technical Momentum Shifts Amid Mixed Market Signals", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-technical-momentum-shifts-amid-mixed-market-signals-4009917", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_technicaldot_4009917.png", "date": "2026-05-25 08:01:45", "description": "Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has experienced a notable shift in its technical momentum, moving from a mildly bearish to a mildly bullish trend. Despite a recent decline in price, the stock’s technical indicators present a complex picture, with some signals suggesting potential recovery while others remain cautious. This analysis delves into the latest technical parameters, price movements, and comparative returns to provide a comprehensive view for investors." }, { "title": "Ashika Credit Capital Ltd Valuation Shifts Signal Renewed Price Attractiveness", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-valuation-shifts-signal-renewed-price-attractiveness-4009802", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_valuationdot_4009802.png", "date": "2026-05-25 08:00:38", "description": "Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has seen a notable shift in its valuation parameters, moving from an attractive to a very attractive rating. Despite recent price declines and a strong sell mojo grade, the company’s valuation metrics suggest a compelling entry point compared to its historical averages and peer group, warranting a closer examination of its price-to-earnings and price-to-book value ratios alongside broader market context." }, { "title": "Ashika Credit Capital Ltd Falls 3.57%: 4 Key Factors Shaping This Week’s Decline", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-falls-357-4-key-factors-shaping-this-weeks-decline-4008644", "imagepath": "", "date": "2026-05-23 16:09:31", "description": " <div class=\"article-news-new\">\n <div class=\"article-container\">\n\n<div class=\"article-content\">\n <div class=\"highlight-box\">\n <h3>Key Events This Week</h3>\n <p><strong>May 18:</strong> Flat quarterly results amid margin pressures reported</p>\n <p><strong>May 19:</strong> Valuation shifts signal renewed price attractiveness</p>\n <p><strong>May 22:</strong> Golden Cross formation signals potential bullish breakout</p>\n <p><strong>May 22:</strong> Week closes at Rs.370.50 (-3.57%)</p>\n </div>\n\n <div class=\"stats-row\">\n <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.384.20</div></div>\n <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.370.50</div..." }, { "title": "Ashika Credit Capital Ltd Forms Golden Cross Amid Mixed Technical Signals and Weak Momentum", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-forms-golden-cross-signalling-potential-bullish-breakout-4006096", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_goldencross_4006096.png", "date": "2026-05-22 18:00:33", "description": "The 50-day moving average for Ashika Credit Capital Ltd has crossed above the 200-day moving average, creating a golden cross on 22 May 2026. Yet, this technical event arrives on a day when the stock declined 2.92%, and the monthly momentum indicators remain bearish. Such a divergence between the moving averages and price action calls for a detailed examination of the signal's reliability." }, { "title": "Ashika Credit Capital Ltd is Rated Strong Sell", "link": "https://www.marketsmojo.com/news/stock-recommendation/ashika-credit-capital-ltd-is-rated-strong-sell-4000738", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_mojoScore_4000738.png", "date": "2026-05-20 10:10:37", "description": "Ashika Credit Capital Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 May 2026, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 20 May 2026, providing investors with the latest perspective on the company’s position." }, { "title": "Ashika Credit Capital Ltd Valuation Shifts Signal Renewed Price Attractiveness", "link": "https://www.marketsmojo.com/news/stocks-in-action/ashika-credit-capital-ltd-valuation-shifts-signal-renewed-price-attractiveness-3997755", "imagepath": "https://i.marketsmojo.com/newsimg/2026/5/AshikaCreditCap_valuationdot_3997755.png", "date": "2026-05-19 08:01:08", "description": "Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has witnessed a notable shift in its valuation parameters, moving from a very expensive to a fair valuation grade. This change, coupled with its robust return profile over the medium to long term, invites a closer examination of its price attractiveness relative to historical levels and peer comparisons." }, { "title": "Are Ashika Credit Capital Ltd latest results good or bad?", "link": "https://www.marketsmojo.com/news/result-analysis/are-ashika-credit-capital-ltd-latest-results-good-or-bad-3997494", "imagepath": "", "date": "2026-05-18 19:13:10", "description": "The latest financial results for Ashika Credit Capital Ltd for the quarter ended March 2026 reveal significant operational challenges despite some positive revenue growth. The company reported net sales of ₹49.79 crores, reflecting an 11.69% increase quarter-on-quarter and a 13.99% increase year-on-year. However, these revenue figures are overshadowed by a substantial net loss of ₹35.09 crores, which represents a dramatic deterioration compared to previous quarters.\n\nThe operating margin, excluding other income, fell sharply to -35.95%, indicating severe inefficiencies in cost management. This decline is particularly concerning given the substantial rise in employee costs, which surged by 81.46% quarter-on-quarter to ₹19.58 crores. Such an increase in operational expenses, coupled with a negative operating profit before depreciation, interest, and tax of ₹17.90 crores, raises questions about the company's a..." } ], "total": 865, "sid": "630303", "stock_news_url": "https://www.marketsmojo.com/news/ashika-credit-capital-630303" }, "announcements": [ { "caption": "Shareholder Meeting / Postal Ballot-Notice of Postal Ballot", "datetime": "27-May-2026", "details": "Please find enclosed herewith Notice of Postal Ballot along-with Explanatory Statement dated 17.05.2026.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Investor Presentation", "datetime": "18-May-2026", "details": "Please find enclosed herewith the Investor Presentation of Ashika Credit Capital Limited for FY ended 31st March 2026.", "source": "BSE" }, { "caption": "Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors", "datetime": "17-May-2026", "details": "Resignation of Statutory Auditor as enclosed.", "source": "BSE" } ], "corporate_actions": [ { "img": "board-meeting.svg", "title": "BOARD MEETING", "msg": "<span>No</span> Upcoming Board Meetings", "data": [] }, { "img": "dividend.svg", "title": "DIVIDEND", "msg": "", "data": [ { "txt": "Ashika Credit Capital Ltd has declared <strong>10%</strong> dividend, ex-date: 01 Aug 19", "dt": "2019-08-01", "middle_text": "Dividend Alert" } ] }, { "img": "splits.svg", "title": "SPLITS", "msg": "No <strong>Splits</strong> history available", "data": [] }, { "img": "bonus.svg", "title": "BONUS", "msg": "No <strong>Bonus</strong> history available", "data": [] }, { "img": "rights-issues.svg", "title": "RIGHTS", "msg": "No <strong>Rights</strong> history available", "data": [] } ] }

Key Events This Week

May 18: Flat quarterly results amid margin pressures reported

May 19: Valuation shifts signal renewed price attractiveness

May 22: Golden Cross formation signals potential bullish breakout

May 22: Week closes at Rs.370.50 (-3.57%)

Week Open

Rs.384.20

Week Close

Rs.370.50Read full news article

Ashika Credit Capital Ltd Forms Golden Cross Amid Mixed Technical Signals and Weak Momentum

2026-05-22 18:00:33

The 50-day moving average for Ashika Credit Capital Ltd has crossed above the 200-day moving average, creating a golden cross on 22 May 2026. Yet, this technical event arrives on a day when the stock declined 2.92%, and the monthly momentum indicators remain bearish. Such a divergence between the moving averages and price action calls for a detailed examination of the signal's reliability.

Read full news article

Ashika Credit Capital Ltd is Rated Strong Sell

2026-05-20 10:10:37

Ashika Credit Capital Ltd is rated Strong Sell by MarketsMOJO. This rating was last updated on 18 May 2026, reflecting a reassessment of the stock’s outlook. However, all fundamentals, returns, and financial metrics discussed here are current as of 20 May 2026, providing investors with the latest perspective on the company’s position.

Read full news article

Ashika Credit Capital Ltd Valuation Shifts Signal Renewed Price Attractiveness

2026-05-19 08:01:08

Ashika Credit Capital Ltd, a micro-cap player in the Non Banking Financial Company (NBFC) sector, has witnessed a notable shift in its valuation parameters, moving from a very expensive to a fair valuation grade. This change, coupled with its robust return profile over the medium to long term, invites a closer examination of its price attractiveness relative to historical levels and peer comparisons.

Read full news article

Are Ashika Credit Capital Ltd latest results good or bad?

2026-05-18 19:13:10

The latest financial results for Ashika Credit Capital Ltd for the quarter ended March 2026 reveal significant operational challenges despite some positive revenue growth. The company reported net sales of ₹49.79 crores, reflecting an 11.69% increase quarter-on-quarter and a 13.99% increase year-on-year. However, these revenue figures are overshadowed by a substantial net loss of ₹35.09 crores, which represents a dramatic deterioration compared to previous quarters. The operating margin, excluding other income, fell sharply to -35.95%, indicating severe inefficiencies in cost management. This decline is particularly concerning given the substantial rise in employee costs, which surged by 81.46% quarter-on-quarter to ₹19.58 crores. Such an increase in operational expenses, coupled with a negative operating profit before depreciation, interest, and tax of ₹17.90 crores, raises questions about the company's a...

Read full news article