Ashika Credit Capital Ltd. (ASHIKAG) Share Price Hits 52-Week High

Ashika Credit Capital Ltd. Share Price has reached a fresh 52-week high of Rs 500.1, marking a significant milestone for the company. The stock opened at Rs 495 and closed the previous day at Rs 478.6, resulting in a day change of Rs 13.15 or 2.75%. With a market capitalisation of Rs 4,135.54 crore, Ashika Credit Capital Ltd. has captured investor attention. This price movement highlights the stock's momentum in the finance sector, as it continues to attract interest from market participants.

Ashika Credit Capital Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 491.75
Previous Close	Rs 478.6
Today's Change	+Rs 13.15 (+2.75%)
Day Open	Rs 495
Fresh 52-Week High	Rs 500.1
Day Low	Rs 488.75
Current Volume	8,100
Turnover	Rs 0.4 crore
Market Capitalisation	Rs 4,135.54 crore

Ashika Credit Capital Ltd. (ASHIKAG) traded at Rs 491.75. versus the previous close of Rs 478.6, a rise of 2.75%. The stock opened at Rs 495, reached Rs 500.1, touched Rs 488.75. Reported volume was 8,100.

Today, Ashika Credit Capital Ltd. Share Price opened at Rs 495 and quickly climbed to a high of Rs 500.1, setting a fresh 52-week high. The stock's previous close was Rs 478.6, and it experienced a day change of Rs 13.15, equivalent to a 2.75% increase. The day's low was Rs 488.75, and the turnover reached Rs 0.4 crore with a volume of 8,100 shares. This price action indicates strong investor interest and robust trading activity, suggesting a positive sentiment in the market.

Ashika Credit Capital Ltd. (ASHIKAG) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 4,135.54 crore
P/E Ratio	17.09x
P/B Ratio	3.25x
ROE	25.64%
ROCE	36.26%

Ashika Credit Capital Ltd. was valued at a P/E ratio of 17.09x, a P/B ratio of 3.25x. 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 25.64% and ROCE of 36.26%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Sector and Industry Context

Metric	Value
Sector	Finance
Benchmark Scope	same sector
Company P/E Ratio	17.09x
Benchmark Median P/E	11.22x
Benchmark Average P/E	62.17x
Benchmark P/E Range	0x to 4,222.11x
Company P/B Ratio	3.25x
Benchmark Median P/B	0.96x
Company ROE	25.64%
Benchmark Median ROE	1.88%
Company ROCE	36.26%
Benchmark Median ROCE	3.77%
Company Market Capitalisation	Rs 4,135.54 crore
Benchmark Median Market Cap	Rs 41.13 crore

Ashika Credit Capital Ltd. (ASHIKAG) is classified under sector: Finance.

Ashika Credit Capital Ltd. (ASHIKAG) has a P/E ratio of 17.09x, which is above the benchmark median of 11.22x, a difference of +52.32%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Ashika Credit Capital Ltd. (ASHIKAG) has a ROE of 25.64%, which is above the benchmark median of 1.88%, a difference of +1,263.83%. Ashika Credit Capital Ltd. (ASHIKAG) has a ROCE of 36.26%, which is above the benchmark median of 3.77%, a difference of +861.8%.

Track stocks reaching yearly peaks through the Univest 52-week-high screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Monarch Networth Capital Ltd.	MONARCH	3,078.75	17.09	3.25	25.64	36.26
Indo Thai Securities Ltd.	INDOTHAI	2,915.56	42.53	9.72	20.25	31.65
Satin Creditcare Network Ltd.	SATIN	2,854.02	7	1	1.37	8.87
Nalwa Sons Investments Ltd.	NSIL	2,838.35	61.14	0.19	1.04	1.15
Mufin Green Finance Ltd.	MUFIN	2,585.03	90.69	4.46	24.6	26.61

Ashika Credit Capital Ltd. (ASHIKAG) has a P/E ratio of 17.09x compared with the displayed peer median of 42.53x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 25.64% compares with a peer median of 20.25% across the companies shown in the table. ROCE stood at 36.26% versus the displayed peer median of 26.61%, providing a capital-efficiency comparison. Ashika Credit Capital Ltd. (ASHIKAG) has a market capitalisation of Rs 4,135.54 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

Why Investors Are Watching Ashika Credit Capital Ltd.

• Strong price action with a fresh 52-week high at Rs 500.1.
• Robust fundamental metrics with high ROE and ROCE.
• Competitive sector positioning with favourable P/E and P/B ratios.
• Significant market capitalisation in the finance sector.

About Ashika Credit Capital Ltd.

Ashika Credit Capital Ltd. operates in the finance sector, providing a range of financial services. The company is involved in credit and capital management, offering tailored financial solutions to its clients. With a strong market presence and a focus on delivering value, Ashika Credit Capital Ltd. continues to play a significant role in the finance industry.

Track Ashika Credit Capital Ltd. Share Price on Univest

Use Ashika Credit Capital Ltd. (ASHIKAG) live share-price page, Univest 52-week-high screener, Univest market blogs to review live stock data, yearly-high lists and related market analysis.

Investors can track Ashika Credit Capital Ltd. Share Price, technical indicators, fundamental ratios, shareholding pattern, 52-week levels, and market insights on Univest. Stay informed with the latest market data and analysis.

Frequently Asked Questions

What is the current share price of Ashika Credit Capital Ltd.?

Ans. The current share price of Ashika Credit Capital Ltd. is Rs 491.75, marking a 2.75% increase from the previous close of Rs 478.6. The stock moved 2.75% during the session.

What is the 52-week high of Ashika Credit Capital Ltd.?

Ans. Ashika Credit Capital Ltd. has reached a 52-week high of Rs 500.1, reflecting strong investor interest and market momentum. The stock moved 2.75% during the session. The intraday range extended from Rs 488.75 to Rs 500.1.

How does Ashika Credit Capital Ltd.'s P/E ratio compare to the sector?

Ans. Ashika Credit Capital Ltd.'s P/E ratio of 17.09 is above the sector median of 11.22, indicating a relatively higher valuation compared to peers. The company trades at a P/E ratio of 17.09x.

What is Ashika Credit Capital Ltd.'s market capitalisation?

Ans. Ashika Credit Capital Ltd. has a market capitalisation of Rs 4,135.54 crore, positioning it as a significant player in the finance sector. The company operates in the Finance sector. Its P/E ratio is 17.09x.

How does Ashika Credit Capital Ltd.'s ROE compare to the sector?

Ans. With an ROE of 25.64%, Ashika Credit Capital Ltd. significantly outperforms the sector median of 1.88%, showcasing strong profitability. ROE stands at 25.64%. ROCE stands at 36.26%. The relevant peer median ROE is 1.88%.

What is the P/B ratio of Ashika Credit Capital Ltd.?

Ans. Ashika Credit Capital Ltd. has a P/B ratio of 3.25, which is considerably higher than the sector median of 0.96, indicating a premium valuation. The company trades at a P/E ratio of 17.09x.

Who are Ashika Credit Capital Ltd.'s main peers?

Ans. Key peers include Monarch Networth Capital Ltd., Indo Thai Securities Ltd., and Satin Creditcare Network Ltd., each with varying market caps and financial metrics. Comparable listed companies include Monarch Networth Capital Ltd., Indo Thai Securities Ltd., Satin Creditcare Network Ltd.

What is Ashika Credit Capital Ltd.'s ROCE?

Ans. Ashika Credit Capital Ltd. has a ROCE of 36.26%, demonstrating efficient capital utilisation and strong operational performance. ROE stands at 25.64%. ROCE stands at 36.26%. The relevant peer median ROE is 1.88%.

How does Ashika Credit Capital Ltd.'s market cap compare to peers?

Ans. Ashika Credit Capital Ltd.'s market cap of Rs 4,135.54 crore is higher than many peers, such as Indo Thai Securities Ltd. and Satin Creditcare Network Ltd. The company operates in the Finance sector.

Additional Insights on Ashika Credit Capital Ltd.

As Ashika Credit Capital Ltd. continues to make strides in the finance sector, its recent performance has been noteworthy. The company's ability to reach a fresh 52-week high is indicative of its strong market positioning and investor confidence. The finance sector, known for its volatility and competitive nature, requires companies to maintain robust fundamentals and strategic foresight. Ashika Credit Capital Ltd.'s impressive ROE and ROCE figures highlight its operational efficiency and effective capital management strategies.

In the broader context of the finance sector, Ashika Credit Capital Ltd.'s market capitalisation of Rs 4,135.54 crore places it among the more prominent players. This is particularly significant given the sector's median market cap of Rs 41.13 crore, showcasing the company's substantial market presence. The finance sector's average P/E ratio of 62.17x further contextualises Ashika Credit Capital Ltd.'s valuation, suggesting that while its P/E ratio is above the median, it remains well below the sector average, potentially indicating room for growth.

Investors and analysts often look at a company's P/B ratio to assess its market valuation relative to its book value. Ashika Credit Capital Ltd.'s P/B ratio of 3.25x, while higher than the sector median, reflects the market's perception of its growth potential and asset quality. This premium valuation is supported by the company's strong profitability metrics, as evidenced by its ROE and ROCE.

The peer comparison further underscores Ashika Credit Capital Ltd.'s competitive edge. With a higher market cap than several of its peers, the company demonstrates its ability to attract and retain investor interest. Its financial metrics, particularly its ROE and ROCE, compare favourably against its peers, highlighting its superior capital efficiency and profitability.

As the finance sector continues to evolve, driven by technological advancements and regulatory changes, companies like Ashika Credit Capital Ltd. are well-positioned to leverage these trends. By maintaining a focus on innovation and customer-centric solutions, the company can continue to enhance its market position and deliver value to its stakeholders.

Overall, Ashika Credit Capital Ltd.'s recent performance and strategic positioning make it a company to watch in the finance sector. Its ability to achieve a fresh 52-week high, coupled with its strong fundamentals, suggests a promising outlook for the future.