Asahi Songwon Colors Ltd. (ASAHISONG) Share Price Rises 8.52% Today

Asahi Songwon Colors Ltd. Share Price rose 8.52% to Rs 384.8, with a market cap of Rs 411.08 crore.

Asahi Songwon Colors Ltd. Share Price experienced a notable increase of 8.52% today, reaching Rs 384.8. This price movement places the company in the spotlight within the micro-cap category, where it holds a market capitalisation of Rs 411.08 crore. Despite the absence of a specific catalyst in the supplied data, the surge in share price indicates heightened market activity and interest in Asahi Songwon Colors Ltd.

Asahi Songwon Colors Ltd. (ASAHISONG) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 384.8
Previous Close	Rs 354.6
Today's Change	+Rs 30.2 (+8.52%)
Day Open	Rs 366.8
Day High	Rs 387.7
Day Low	Rs 366.8
Current Volume (BSE)	17,038
BSE Traded Volume	17,038
NSE Traded Volume	1,12,815
Combined NSE + BSE Volume	1,29,853
Turnover	Rs 0.66 crore
Market Capitalisation	Rs 411.08 crore
Market Cap Category	Micro Cap

Asahi Songwon Colors Ltd. (ASAHISONG) traded at Rs 384.8. versus the previous close of Rs 354.6, a rise of 8.52%. The stock opened at Rs 366.8, reached Rs 387.7, touched Rs 366.8. Reported volume was 17,038.

Asahi Songwon Colors Ltd. (ASAHISONG) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 411.08 crore
P/E Ratio	12x
P/B Ratio	1.54x
ROE	14.89%
ROCE	18.2%
EPS	Rs 29.55
Dividend Yield	0.42%

Asahi Songwon Colors Ltd. was valued at a P/E ratio of 12x, a P/B ratio of 1.54x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of 14.89% and ROCE of 18.2%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 29.55, dividend yield of 0.42%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Asahi Songwon Colors Ltd. has a market capitalisation of Rs 411.08 crore and an enterprise value that reflects its position in the micro-cap category. The company's P/E ratio stands at 12, which is below the industry average of 18.91, suggesting a relatively inexpensive valuation. The P/B ratio is 1.54, aligning closely with the industry average of 1.64. The company's ROE is 14.89%, and ROCE is 18.2%, both of which are above the industry averages, indicating efficient use of equity and capital. The EPS is Rs 29.55, and the dividend yield is 0.42%, providing a modest return to shareholders. These fundamentals highlight the company's financial health and potential for growth within the chemicals sector.

Sector and Industry Context

Metric	Value
Sector	Chemicals
Industry	Dyes & Pigments
Benchmark Scope	same industry
Company P/E Ratio	12x
Benchmark Median P/E	13.25x
Benchmark Average P/E	18.91x
Benchmark P/E Range	0.48x to 73.14x
Company P/B Ratio	1.54x
Benchmark Median P/B	1.13x
Company ROE	14.89%
Benchmark Median ROE	11.62%
Company ROCE	18.2%
Benchmark Median ROCE	13.25%
Company Market Capitalisation	Rs 411.08 crore
Benchmark Median Market Cap	Rs 180.94 crore

Asahi Songwon Colors Ltd. (ASAHISONG) is classified under sector: Chemicals and industry: Dyes & Pigments.

Asahi Songwon Colors Ltd. (ASAHISONG) has a P/E ratio of 12x, which is below the benchmark median of 13.25x, a difference of -9.43%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Asahi Songwon Colors Ltd. (ASAHISONG) has a ROE of 14.89%, which is above the benchmark median of 11.62%, a difference of +28.14%. Asahi Songwon Colors Ltd. (ASAHISONG) has a ROCE of 18.2%, which is above the benchmark median of 13.25%, a difference of +37.36%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Asahi Songwon Colors Ltd. operates within the chemicals sector, specifically in the dyes and pigments industry. The sector snapshot reveals that the company's P/E ratio of 12 is below the industry median of 13.25, indicating a potentially undervalued position. The company's P/B ratio of 1.54 is slightly below the industry average of 1.64, suggesting a fair valuation. With an ROE of 14.89% and ROCE of 18.2%, Asahi Songwon Colors Ltd. outperforms the industry averages, demonstrating strong profitability and efficient capital use. The sector comprises 26 companies, with Asahi Songwon Colors Ltd. positioned favorably in terms of valuation and profitability metrics.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Kiri Industries Ltd.	KIRIINDUS	2,629.2	0.48	0.4	12.26	12.2
Vidhi Specialty Food Ingredients Ltd.	VIDHIING	1,559.03	28.2	4.58	25.21	29.29
Shree Pushkar Chemicals & Fertilisers Ltd.	SHREEPUSHK	1,275.56	17.91	2.06	8.85	9.9
Ultramarine & Pigments Ltd.	ULTRAMAR	1,076.17	13.46	1.25	8.83	11.57
Bhageria Industries Ltd.	BHAGERIA	916.75	13.04	1.43	14.73	18.95

Asahi Songwon Colors Ltd. (ASAHISONG) has a P/E ratio of 12x compared with the displayed peer median of 13.46x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 14.89% compares with a peer median of 12.26% across the companies shown in the table. ROCE stood at 18.2% versus the displayed peer median of 12.2%, providing a capital-efficiency comparison. Asahi Songwon Colors Ltd. (ASAHISONG) has a market capitalisation of Rs 411.08 crore. Among the 5 peers shown, 5 have a larger market capitalisation.

In comparison to its peers, Asahi Songwon Colors Ltd. holds a competitive position. The company's P/E ratio of 12 is lower than Vidhi Specialty Food Ingredients Ltd.'s 28.2 and Bodal Chemicals Ltd.'s 18.65, indicating a more attractive valuation. Its ROE of 14.89% surpasses that of Ultramarine & Pigments Ltd. and Shree Pushkar Chemicals & Fertilisers Ltd., highlighting superior profitability. The company's market cap of Rs 411.08 crore is smaller than many peers, reflecting its micro-cap status, but its financial metrics suggest strong operational efficiency.

Why Investors Are Watching Asahi Songwon Colors Ltd.

Investors are closely monitoring Asahi Songwon Colors Ltd. due to its recent price rise and strong technical and fundamental indicators. The company's performance within the chemicals sector and its competitive positioning among peers add to its appeal.

• Price Action: 8.52% rise to Rs 384.8
• Technical Position: Elevated RSI at 77.97
• Fundamental Context: P/E of 12, ROE of 14.89%
• Sector Positioning: Strong profitability metrics

Investors should continue to track Asahi Songwon Colors Ltd.'s market activity and financial performance for further insights into its potential growth trajectory.

About Asahi Songwon Colors Ltd.

Asahi Songwon Colors Ltd. is a key player in the chemicals sector, specializing in the production of dyes and pigments. The company operates within a competitive industry, focusing on delivering high-quality products to its clients. With a strong emphasis on innovation and sustainability, Asahi Songwon Colors Ltd. aims to maintain its position as a leading supplier in the dyes and pigments market. The company's diverse product portfolio and strategic market presence contribute to its robust financial performance and growth potential.

Track Asahi Songwon Colors Ltd. Share Price on Univest

Use Asahi Songwon Colors Ltd. (ASAHISONG) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Asahi Songwon Colors Ltd. Share Price on Univest for real-time updates on share price, technical indicators, fundamental ratios, and market insights. Univest provides comprehensive data to help investors make informed decisions about their investments in Asahi Songwon Colors Ltd.

Frequently Asked Questions

What is the current share price of Asahi Songwon Colors Ltd.?

Ans. The current share price of Asahi Songwon Colors Ltd. is Rs 384.8, reflecting an 8.52% increase from the previous close of Rs 354.6. The stock moved 8.52% during the session.

How much did Asahi Songwon Colors Ltd. share price rise today?

Ans. Asahi Songwon Colors Ltd. share price rose by 8.52% today, reaching Rs 384.8 from the previous close of Rs 354.6. The stock moved 8.52% during the session. The intraday range extended from Rs 366.8 to Rs 387.7.

What is the market capitalisation of Asahi Songwon Colors Ltd.?

Ans. The market capitalisation of Asahi Songwon Colors Ltd. is Rs 411.08 crore, categorizing it as a micro-cap company. The company operates in the Chemicals sector. Its P/E ratio is 12x.

What is the P/E ratio of Asahi Songwon Colors Ltd.?

Ans. Asahi Songwon Colors Ltd. has a P/E ratio of 12, which is below the industry average of 18.91, suggesting a relatively inexpensive valuation. The company trades at a P/E ratio of 12x.

How does Asahi Songwon Colors Ltd. compare to its peers?

Ans. Asahi Songwon Colors Ltd. has a competitive P/E ratio of 12 and a strong ROE of 14.89%, positioning it favorably among peers in the dyes and pigments industry. Comparable listed companies include Kiri Industries Ltd., Vidhi Specialty Food Ingredients Ltd..

What sector does Asahi Songwon Colors Ltd. operate in?

Ans. Asahi Songwon Colors Ltd. operates in the chemicals sector, specifically within the dyes and pigments industry. The stock belongs to the Chemicals sector. Its industry classification is Dyes & Pigments.

What is the ROE of Asahi Songwon Colors Ltd.?

Ans. Asahi Songwon Colors Ltd. has an ROE of 14.89%, indicating efficient use of shareholder equity compared to industry averages. ROE stands at 14.89%. ROCE stands at 18.2%. The relevant peer median ROE is 11.62%.