ASKAUTOLTD
ASK Automotive Limited (ASKAUTOLTD) breaks out, gains 6% intraday
ASK Automotive Limited (ASKAUTOLTD) stock price rises 6% intraday, clearing its 6M resistance trendline. Fresh breakout signals strong upward momentum..
ASK Automotive Limited (ASKAUTOLTD) breaks out with a +6% gain to ₹585.2 on the NSE, clearing its 6M resistance trendline. This move is backed by the company’s recent announcement of advanced braking systems innovation, which is expected to bolster its market position. ASK Automotive, a key player in the auto parts sector, has shown strong momentum, outperforming its sector peers with this significant upward move.
Technical setup — trendlines & DMA
The current trendline structure shows a robust breakout. The 6M support floor is at ₹446.06, which is 23.78% below today’s price, indicating a strong upward move. Resistance was at ₹489.51, which the stock has now cleared by 16.35%. The 50-DMA at ₹465.1 is above the 200-DMA at ₹454.3, signaling a bullish trend. The stock is currently 19% above the 50-DMA, suggesting it is in an extended phase. In the 52W range of ₹375.3–₹578.5, the stock is in the upper third, indicating that much of the move might already be priced in, though it remains close to its 52W high.
Snapshot: ₹585.20 on 2026-08-05 (chart frozen at publication)
Fundamentals & business context
With a PE of 36.5 and profit margins at 7.1%, ASK Automotive’s valuation appears stretched relative to its current earnings, though the revenue CAGR of 17.3% and profit CAGR of 34.2% suggest strong growth potential. The 20.1% institutional ownership indicates that smart money has a positive view of the company’s prospects. Today’s move is directly linked to the NSE filing about the advanced braking systems innovation, which is a significant catalyst for the stock.
Algorithmic scorecard
The overall score of 87 reflects a balanced but slightly technically stronger profile. The strongest signals include the bullish trend, with the 50-DMA above the 200-DMA, and the breakout above resistance levels with momentum. These indicate a strong upward trajectory and positive market sentiment. On the weaker side, the low profit margin of 7.1% and negligible dividend yield of 0.35% represent risks. The thin profit margins leave little room for error, and the low dividend yield offers little income for investors. However, the very low debt and strong promoter/institutional control provide a buffer against these risks.
Company outlook
Management expects to maintain an EBITDA margin of 13.1% in FY27, barring any denominator impact. They are confident of growing exports by 20% in FY27, provided the geopolitical situation remains stable. The company anticipates mid-teens growth in FY27, driven by new products, increased content, and new customers. They plan to invest around Rs. 400 Cr in FY27 for growth and expect revenue from alloy wheels to be Rs. 90 – Rs. 100 Cr in FY27 and Rs. 220 Cr in FY28. These initiatives and plans underscore the company’s commitment to growth and innovation.
Get all details on ASKAUTOLTD — P&L, peers, shareholding and more on TradeAlone.
ASKAUTOLTD
Ask Automotive Limited Q2 FY27: Highest Ever Quarterly Revenue, Ebitda and PAT
ASK Automotive Limited (ASKAUTOLTD) reports Q2 FY27 results with highest ever quarterly revenue, EBITDA and PAT.
ASK Automotive Limited (NSE: ASKAUTOLTD) has reported its financial results for the second quarter and half year ended 30th September, 2026, marking a significant milestone with the highest ever quarterly revenue, EBITDA, and PAT. The company, India’s largest brake shoe and Advanced Braking Systems manufacturer for two-wheelers, showcased a robust performance with consolidated revenue growth of +47.5% reaching Rs. 1561 Crores.
Quarterly Highlights
The Q2 FY27 results highlight the company’s strong performance in both revenue and profitability. Key financial highlights include:
- EBITDA: Rs. 185 Crores with 30.0% year-on-year growth.
- PAT: Rs. 102 Crores with +27.3% year-on-year growth.
- EPS: Rs. 5.15 against Rs. 4.05 in the same period last year, up +27.3% year-on-year.
Revenue Growth and Segment Performance
ASK Automotive Limited demonstrated impressive growth across various segments:
- Advanced Braking Systems: Revenue grew by +46% year-on-year.
- Aluminum Light Weighting Precision Solutions: Revenue increased by +69% year-on-year.
- Safety Control Cables: Revenue rose by +33% year-on-year.
- Export Revenue: Export revenue surged by +133.3% year-on-year to Rs. 70 Crores.
The company’s strategic initiatives, including the reduction in Wheel Assembly business and the pass-through impact of significant increase in Alloy Prices, contributed to the overall net revenue growth of +29.5% year-on-year.
ASK Automotive Limited’s Chairman and Managing Director, Mr. Kuldip Singh Rathee, commented on the results, “I am delighted to share with you that we had a strong performance in the second quarter in both revenue and profitability. This is the 12th consecutive quarter of robust performance by us since listing of the Company.”
With continued focus on expanding value-added businesses, improving production capacities, and bringing cost efficiencies, ASK Automotive Limited aims to maintain its growth momentum and enhance shareholder value.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of ASK Automotive Limited
ASK Automotive Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.
ASK posts a 22.0% three-month gain, but softens in the last few weeks. Thin margins at 6.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 17.3% and profits at 34.2% CAGR. That is strong double-digit growth on both counts. The stock gives back 4.8% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 17.3% and profits at 34.2%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of ASK Automotive Limited.
ASKAUTOLTD
ASK Automotive Limited (ASKAUTOLTD) eases after clearing resistance, down 5% intraday
ASK Automotive Limited (NSE: ASKAUTOLTD) shows pressure after breakout, moving down 5% intraday. Resistance at ₹495 already cleared.
ASK Automotive Limited (ASKAUTOLTD) shows pressure after breakout, falling -5% to ₹643.4 on the NSE on 07 Aug 2026. This pullback comes after the stock cleared its 6-month resistance level, indicating a structural breakout. However, today’s fall suggests profit-taking or a minor retracement. ASK Automotive operates in the consumer cyclical sector, specifically in auto parts, and its recent performance reflects both sector momentum and company-specific factors.
Technical setup — trendlines & DMA
From a technical perspective, ASK Automotive has broken above its 6-month resistance trendline, which ended at ₹495.07, and is currently trading 23.05% above this level. The stock is also 30.67% above its 6-month support trendline at ₹446.06. The 50-DMA at ₹467.4 is above the 200-DMA at ₹454.7, signaling a bullish trend. However, the stock is currently 45.23% above the 50-DMA and 49.29% above the 200-DMA, indicating an extended move. In the 52-week range of ₹375.3 to ₹687.7, the stock is in the upper third, up 86% from the 52-week low and down 6.4% from the 52-week high, suggesting that much of the move may already be priced in.
Snapshot: ₹643.40 on 2026-08-07 (chart frozen at publication)
Fundamentals & business context
Fundamentally, ASK Automotive’s PE of 45.0, coupled with a profit margin of 6.8%, suggests that the stock is trading at a premium relative to its current earnings. However, the revenue CAGR of 17.3% and profit CAGR of 34.2% over the past five years indicate strong growth potential. The 20.1% institutional ownership suggests that smart money has a positive view of the company. There was no specific NSE catalyst today, but the recent corporate announcements and the overall market sentiment likely contributed to the stock’s performance.
Algorithmic scorecard
The algorithmic scorecard for ASK Automotive reflects a technically strong but fundamentally mixed profile. The stock’s overall score of 87/100 is driven by a strong technical rating of 91/100 and a more moderate fundamental rating of 83/100. The strongest signals include the revenue CAGR of 17.3% and profit CAGR of 34.2%, indicating robust growth. Additionally, the stock’s very low debt level, with a D/E ratio of 0.00, points to excellent financial health. On the weaker side, the profit margin of 6.8% is thin, leaving little room for error, and the negligible dividend yield of 0.29% offers little income to investors. These factors highlight both the growth potential and the risks associated with the stock.
Company outlook
Management’s outlook for ASK Automotive is positive, with expectations to maintain an EBITDA margin of 13.1% in FY27, barring any denominator impact. The company is confident of growing exports by 20% in FY27, provided the geopolitical situation remains stable. Mid-teens growth is expected in FY27, driven by new products, increased content, and new customers. The company plans to invest around Rs. 400 Cr in FY27 for growth and expects revenue from alloy wheels to be between Rs. 90 – Rs. 100 Cr in FY27 and Rs. 220 Cr in FY28. These initiatives and plans underscore the company’s commitment to growth and expansion.
Get all details on ASKAUTOLTD — P&L, peers, shareholding and more on TradeAlone.
ASKAUTOLTD
ASK Automotive Limited (ASKAUTOLTD) breaks out, gains 5% intraday
ASK Automotive Limited (ASKAUTOLTD) cleared its 6M resistance trendline and is up 5% intraday at ₹671.6.
ASK Automotive Limited (ASKAUTOLTD) breaks out with a +5% gain to ₹671.6 on the NSE, backed by its recent announcement of advanced braking systems innovation. This move clears the 6-month resistance trendline, marking a significant breakout. ASK Automotive, a key player in the auto parts sector, has shown strong momentum, outperforming its sector peers with this company-specific catalyst driving the surge.
Technical setup — trendlines & DMA
The current trendline structure shows a robust breakout, with the 6-month support floor at ₹446.06, well below today’s price, indicating strong upward momentum. Resistance was previously at ₹495.07, which the stock has now surpassed by 26.28%. The 50-DMA at ₹465.1 is above the 200-DMA at ₹454.3, signaling a bullish trend. The stock is currently 37.07% above the 50-DMA and 40.33% above the 200-DMA, suggesting an extended move. Within the 52-week range of ₹375.3 to ₹648.0, the stock is in the upper third, indicating that a substantial portion of the move is already priced in.
Snapshot: ₹671.60 on 2026-08-06 (chart frozen at publication)
Fundamentals & business context
With a PE of 43.6 and profit margins at 7.1%, ASK Automotive’s valuation appears stretched relative to its current earnings, though the revenue CAGR of 17.3% and profit CAGR of 34.2% suggest strong growth potential. The 20.1% institutional ownership indicates that smart money has a positive view of the company’s prospects. Today’s move is directly linked to the NSE filing about the advanced braking systems innovation, which serves as a significant catalyst for the stock’s performance.
Algorithmic scorecard
The overall score of 86 reflects a technically strong but fundamentally mixed profile. The strongest signals include the revenue and profit CAGRs, which indicate robust growth, and the very low debt levels, showcasing excellent financial health. On the weaker side, the thin profit margin of 7.1% leaves little room for error, and the negligible dividend yield of 0.32% offers little income for investors. These factors balance the stock’s strong technical performance with some fundamental risks.
Company outlook
Management outlined several key forward-looking metrics for FY27. They expect to maintain an EBITDA margin of 13.1%, barring any denominator impact. Exports are projected to grow by 20%, contingent on a stable geopolitical situation. Mid-teens revenue growth is anticipated, driven by new products, increased content, and new customers. The company plans to invest around Rs. 400 Cr in FY27 for growth initiatives. Additionally, revenue from alloy wheels is expected to be between Rs. 90 – Rs. 100 Cr in FY27 and Rs. 220 Cr in FY28.
Get all details on ASKAUTOLTD — P&L, peers, shareholding and more on TradeAlone.
-
Advertising Agencies3 days agoSignpost India Limited Q2 & H1 FY27 Investor Presentation: Revenue Growth and Profitability on the Rise
-
Consumer Cyclical3 days agoRattanindia Enterprises Limited (rtnindia) Secures Major Order for Revolt Motors’ Electric Motorcycles
-
NUCLEUS3 days agoNucleus Software Exports Limited (nucleus) Partners with Shinhan Finance to Modernize Lending in Vietnam
-
BIOCON2 days agoBiocon Limited Q2 FY27: Revenue Up 2%, Ebitda Margin Declines
-
Consumer Cyclical2 days agoRestaurant Brands Asia Limited (RBA) Launches Avengers: Doomsday Collection
-
Basic Materials2 days agoGrasim Industries Limited (grasim) Partners with Suzlon to Develop Recyclable Wind Turbines
-
Healthcare2 days agoZydus Lifesciences Limited (zyduslife) Q2 FY27: Revenues Surge 29% Yoy
-
Credit Services2 days agoSundaram Finance Limited (sundarmfin) H1fy27 Results: Disbursements Surge 25%, AUM Grows 19%