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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comAsk Automotive Ltd, a prominent player in the Indian auto component manufacturing sector, specializes in friction products like brake shoes and advanced aluminum die-casting components for two-wheelers and electric vehicles. As of May 21, 2025, Ask Automotive’s stock is showing a stable performance, backed by strong promoter holding and growth in the EV and two-wheeler segments. In this article, we’ll analyze its current stock performance, shareholding structure, and forecast the share price target for the years 2025 to 2030.
Let’s begin with the key metrics for Ask Automotive Ltd as of now:
Open Price: ₹433.80
Previous Close: ₹438.05
Volume: 90,554 shares
Value (Lacs): ₹385.53
VWAP (Volume Weighted Average Price): ₹431.31
Beta: 1.18
Market Capitalization: ₹8,393 Crores
High: ₹438.65
Low: ₹425.55
Upper Circuit Limit: ₹481.85
Lower Circuit Limit: ₹394.25
52-Week High: ₹508.95
52-Week Low: ₹284.35
Face Value: ₹2
All-Time High: ₹508.95
All-Time Low: ₹240.10
Ask Automotive's stock has recently traded between ₹425 and ₹438, showing relative stability. With a market cap of ₹8,393 crore and a strong beta of 1.18, the stock is moderately volatile, aligning with investor expectations for mid-cap auto component companies.
The equity distribution of Ask Automotive indicates a strong backing from its promoters and growing institutional interest:
Promoters: 78.95%
Foreign Institutional Investors (FIIs): 9.93%
Retail and Others: 6.17%
Other Domestic Institutions: 2.79%
Mutual Funds: 2.16%
A massive promoter holding of 78.95% reflects robust internal confidence in the company’s growth trajectory. Additionally, combined FII and Mutual Fund stakes above 12% suggest increasing institutional trust and long-term potential.
Based on the current fundamentals, growing demand for EV components, and industry tailwinds, here’s a year-wise price target projection for Ask Automotive Ltd:
| Year | Share Price Target (₹) |
|---|---|
| 2025 | 438.00 – 481.85 |
| 2026 | 481.85 – 540.00 |
| 2027 | 540.00 – 600.00 |
| 2028 | 600.00 – 675.00 |
| 2029 | 675.00 – 750.00 |
| 2030 | 750.00 – 850.00 |
In 2025, the share price of Ask Automotive is expected to trade between ₹438 and ₹481.85. The following drivers support this range:
Growing EV Adoption: Demand for EV brake systems and lightweight components is increasing.
Strong Order Book: Continuous supply to leading two-wheeler and EV OEMs.
Steady Margins: The company is maintaining profitability despite input cost pressures.
By 2026, the stock could break past its current upper circuit limit, fueled by:
New Plant Expansions: Increased capacity to meet OEM demand.
Export Growth: Focus on supplying components to overseas EV makers.
Higher FII Inflows: Stronger visibility in institutional investor circles.
Ask Automotive’s share price is likely to move between ₹540 and ₹600 in 2027, supported by:
Product Diversification: Entry into new friction material tech and battery cooling systems.
Technological Advancements: Investment in R&D for electric and autonomous mobility solutions.
Strategic Alliances: Collaborations with major global auto component suppliers.
In 2028, the stock may see further growth to ₹675 as:
Premiumization in Two-Wheelers: More OEMs shift to high-performance components.
Sustainable Manufacturing Practices: ESG compliance attracts long-term investors.
Margin Expansion: Operational efficiency and higher-value product mix improve profit margins.
By 2029, Ask Automotive’s consistent performance may drive the stock to ₹750, owing to:
Global Recognition: Increased market share in international markets.
Smart Component Integration: Growth in demand for smart, sensor-enabled components.
Brand Value: Reputation as a trusted Tier-1 auto parts supplier across Asia.
Looking at the long-term horizon, Ask Automotive could reach ₹850 in 2030 due to:
EV Boom: Full-scale EV adoption will exponentially increase component demand.
Autonomous Vehicle Compatibility: Products tailored for next-gen mobility.
Balanced Growth Strategy: Conservative debt, high promoter holding, and sustainable growth models.
EV Ecosystem Growth: India’s and global push towards electric mobility benefits Ask Automotive’s product line.
OEM Partnerships: Long-term supply agreements with top-tier vehicle manufacturers ensure consistent revenue.
Technological Innovation: The company’s focus on R&D strengthens product differentiation.
Favorable Regulations: Government schemes like PLI (Production Linked Incentive) aid in scaling operations.
Despite a positive outlook, investors should keep an eye on these potential risks:
Raw Material Inflation: Rising aluminum and steel prices can pressure margins.
EV Transition Speed: Any delay in EV penetration could impact future forecasts.
Competition: Domestic and global competition from other OEM suppliers.
Market Sentiment: Mid-cap stocks often face volatile investor sentiment.
The projected price for 2025 is between ₹438 and ₹481.85, based on current performance and industry growth.
With 78.95% promoter holding, there's strong internal confidence and limited free float, reducing speculative volatility.
Yes, due to its strong position in the auto component sector, EV growth alignment, and increasing institutional interest.
The company primarily serves the two-wheeler, passenger vehicle, and electric vehicle industries with braking and aluminum die-casting products.
Ask Automotive Ltd is well-positioned to benefit from the structural shift toward electric mobility and premiumization in the auto industry. With strong promoter backing, technological innovation, and expanding OEM partnerships, its stock shows strong potential for long-term appreciation. The projected targets for 2025 to 2030 reflect optimism in the company’s growth journey, making it an attractive pick for forward-looking investors.
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