ASHAPURMIN
Ashapura Minechem Limited
Each stock's 10,000-path forecast, rendered as light.
Ashapura Minechem Limited (ASHAPURMIN) Stock Analysis & Case Study
Is ASHAPURMIN a good buy? The data-driven verdict.
Ashapura Minechem Limited (ASHAPURMIN) trades at ₹738,on the numbers it worth a closer look, a Downstox Snapshot Score of 63/100.
On the numbers, Ashapura Minechem Limited (ASHAPURMIN) worth a closer look, a Downstox Snapshot Score of 63/100, weighing fairly valued at 17.2× earnings, ROE of 28.0%, a 48% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.
Last updated . Data snapshot for research, not investment advice.
ASHAPURMIN fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield
How ASHAPURMIN ranks against the 2,373 companies in our screener
- ASHAPURMIN's market cap of 7,053 Cr ranks in the 71st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's book value of ₹173 ranks in the 68th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's promoter holding of 48.0% ranks in the 27th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's 3-year profit (PAT) growth of 51.0% ranks in the 84th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's 3-year revenue growth of 42.0% ranks in the 91st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's debt-to-equity ratio of 0.88x is lower than 17% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
Is ASHAPURMIN overvalued? ASHAPURMIN P/E vs peers
ASHAPURMIN trades at 17.2× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.
ASHAPURMIN share price target 2027, 2028, 2029, 2030, 2031, a probability view
Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ASHAPURMIN history (24%/yr drift, 58%/yr volatility).
| Year | Low (P10) | Median target (P50) | High (P90) | Upside vs today |
|---|---|---|---|---|
| ASHAPURMIN 2027 | ₹346 | ₹720 | ₹1,497 | -2% |
| ASHAPURMIN 2028 | ₹255 | ₹703 | ₹1,939 | -5% |
| ASHAPURMIN 2029 | ₹195 | ₹685 | ₹2,408 | -7% |
| ASHAPURMIN 2030 | ₹153 | ₹668 | ₹2,925 | -9% |
| ASHAPURMIN 2031 | ₹128 | ₹652 | ₹3,331 | -12% |
Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.
What is the probability ASHAPURMIN goes up, or doubles?
The bull case for ASHAPURMIN
- ASHAPURMIN's P/E of 17.2x is lower than 68% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's return on equity of 28.0% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- ASHAPURMIN's return on capital employed of 20.7% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
- Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,408.
The bear case & risks
- High historical volatility (58%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
- Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹195.
ASHAPURMIN volatility & expected range, how bumpy is the ride?
Over the last 9.8 years ASHAPURMIN compounded at 24%/year with annualized volatility of 58%. That volatility implies a 1-year 80% range of ₹346-₹1,497, the honest backbone behind any single price target.
ASHAPURMIN price forecast, the full 60-month probability fan
ASHAPURMIN price probability fan
Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.
Probability of key outcomes
What are the odds ASHAPURMIN hits common targets within the simulated horizon?
Full multi-horizon detail on the ASHAPURMIN price target & forecast page.
ASHAPURMIN Piotroski F-Score: 6/8, how financially strong is it?
The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ASHAPURMIN scores 6/8, mixed financial health.
ASHAPURMIN MTF margin & leverage across 10 brokers
Margin Trading Facility lets you buy ASHAPURMIN with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):
| Broker | Margin required | Approx. leverage |
|---|---|---|
| Upstox | 40.24% | 2.5× |
| Zerodha | 40.19% | 2.5× |
| Groww | 40.42% | 2.5× |
| Dhan | 40.19% | 2.5× |
| Kotak NeoCHEAPEST | 40.16% | 2.5× |
| Paytm Money | 40.61% | 2.5× |
| Pocketful | 41.00% | 2.4× |
| Fyers | 41.67% | 2.4× |
| Anand Rathi | 40.19% | 2.5× |
| Share India | 40.38% | 2.5× |
Compare every broker on the ASHAPURMIN MTF page.
About Ashapura Minechem Limited: sector, index & market-cap context
Ashapura Minechem Limited (ASHAPURMIN) is a small-cap NSE-listed company, with a market capitalisation of ₹7,053 Cr. See more stocks on our screener.
How the ASHAPURMIN Snapshot Score & forecast are built
The Downstox Snapshot Score is a transparent, rules-based read of Ashapura Minechem Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.
This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.
ASHAPURMIN analysis, FAQs
Is Ashapura Minechem Limited (ASHAPURMIN) a good buy?
On the numbers, Ashapura Minechem Limited (ASHAPURMIN) worth a closer look, a Downstox Snapshot Score of 63/100, weighing fairly valued at 17.2× earnings, ROE of 28.0%, a 48% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.
Is ASHAPURMIN overvalued or undervalued?
ASHAPURMIN trades at 17.2× earnings, fairly valued versus the ~22× long-run Nifty average.
What is the ASHAPURMIN share price target for 2031?
ASHAPURMIN's probability-weighted 2031 median target is ₹652, with an 80% range of ₹128-₹3,331 (10,000-path Monte-Carlo).
What is the probability ASHAPURMIN doubles in 5 years?
The modelled probability of ASHAPURMIN reaching ₹1,477 (2×) within 5 years is 27%.
What is the bull case for ASHAPURMIN?
ASHAPURMIN's P/E of 17.2x is lower than 68% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ASHAPURMIN's return on equity of 28.0% ranks in the 92nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ASHAPURMIN's return on capital employed of 20.7% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
What are the risks in ASHAPURMIN?
High historical volatility (58%/yr) means a wide, bumpy range of outcomes, size positions accordingly.