ASHAPURA MINECHEM : CUP & HANDLE BREAKOUT Ashapura Minechem is coming out of the nine month cup and handle breakout with good volume
In coming days , this breakout could lead to further price advances.
36.30 INR
2.96 B INR
27.39 B INR
38.98 M
About Ashapura Minechem Ltd
Sector
Industry
CEO
Hemul Ramesh Shah
Website
Headquarters
Mumbai
Founded
1982
ISIN
INE348A01023
FIGI
BBG000CNJ9T4
Ashapura Minechem Ltd. engages in mining and exporting of minerals and its derivative products. It offers bentonite, kaolin, limestone, silica sand, and bauxite. The company was founded on February 19, 1982 and is headquartered in Mumbai, India.
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Elliott Wave Analysis of Ashapura Minechem ASHAPURMINThe script is currently in wave (iv) on 15 min chart. 5th wave should in place on 10th of September to complete 3rd wave of a V on daily chart.
ASHAPURMIN Price ActionAshapura Minechem’s share price as of August 31, 2025, is trading near ₹514, continuing a strong uptrend that has seen a remarkable rise of nearly 49% in the past six months. The stock has moved from a 52-week low around ₹200 to a high of ₹587, driven by exceptional financial results and robust busi
#ASHAPURMINAsset: Ashapura Minechem Ltd (ASHAPURMIN)
Entry Level: 404 (wait for some retracement)
Potential Target: 530
Stop Loss: 378 (~4.5% risk)
Timeframe: Short to Medium term
Risk to Reward ratio : 1:8
Rationale:
Fundamentals -
Fundamentally decent stock with the following attributes:
* ROCE - 17.1%
*
ASHAPURA MINECHEM LTDASHAPURMINI has shown a strong bullish breakout from both a horizontal resistance and a rising channel pattern. Volume and RSI confirm strength. A move above 575 will validate continuation toward 610 and 650.
Ashapura Minechem Ltd is a diversified mineral resource company, mainly focused on benton
Ashapura Minechem LtdDate : 20.02.2025
Ashapura Minechem Ltd
NSE: ASHAPURMIN
Timeframe : Day Chart
Technical Remarks :
1 Can enter once/after crosses 100% of Wave C
2 Got support from 200 ema
3 Breakout of neckline of Ascending broadening wedge will initiate new impulsive wave will review as well whether making 5-
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed t
Ashapura Minechem - All Time Breakout after 17 yearsAshapura Minechem has give ATH breakout after 17 years. Technically this stock can go to whooping 24500. Other factors:
1. 3rd largest producer of Bentonite in the world
2. Promoters have increased stake
3. Electrification, E-cars, Solar panels gives huge opportunity
4. Technically, has given brea
Amazing breakout on WEEKLY Timeframe - ASHAPURMINCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the break
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of ASHAPURMIN is 669.60 INR — it has decreased by −1.20% in the past 24 hours. Watch Ashapura Minechem Ltd stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange Ashapura Minechem Ltd stocks are traded under the ticker ASHAPURMIN.
ASHAPURMIN stock has risen by 3.69% compared to the previous week, the month change is a 33.85% rise, over the last year Ashapura Minechem Ltd has showed a 121.43% increase.
ASHAPURMIN reached its all-time high on Sep 23, 2025 with the price of 672.30 INR, and its all-time low was 5.90 INR and was reached on Apr 3, 2001. View more price dynamics on ASHAPURMIN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ASHAPURMIN stock is 5.79% volatile and has beta coefficient of 1.69. Track Ashapura Minechem Ltd stock price on the chart and check out the list of the most volatile stocks — is Ashapura Minechem Ltd there?
Today Ashapura Minechem Ltd has the market capitalization of 62.54 B, it has increased by 5.97% over the last week.
Yes, you can track Ashapura Minechem Ltd financials in yearly and quarterly reports right on TradingView.
ASHAPURMIN net income for the last quarter is 1.10 B INR, while the quarter before that showed 864.92 M INR of net income which accounts for 27.02% change. Track more Ashapura Minechem Ltd financial stats to get the full picture.
Yes, ASHAPURMIN dividends are paid annually. The last dividend per share was 1.00 INR. As of today, Dividend Yield (TTM)% is 0.00%. Tracking Ashapura Minechem Ltd dividends might help you take more informed decisions.
Ashapura Minechem Ltd dividend yield was 0.28% in 2024, and payout ratio reached 3.18%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Sep 29, 2025, the company has 2.22 K employees. See our rating of the largest employees — is Ashapura Minechem Ltd on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Ashapura Minechem Ltd EBITDA is 4.65 B INR, and current EBITDA margin is 13.61%. See more stats in Ashapura Minechem Ltd financial statements.
Like other stocks, ASHAPURMIN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Ashapura Minechem Ltd stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Ashapura Minechem Ltd technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Ashapura Minechem Ltd stock shows the strong buy signal. See more of Ashapura Minechem Ltd technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.