Astec Lifesciences Ltd, GAIL (India) Ltd, GMR Airports Infrastructure Ltd and GRM Overseas Ltd are among the other losers in the BSE’s ‘A’ group today, 21 March 2023.

Capri Global Capital Ltd leads losers in ‘A’ group

(a) Assigned / Re-affirmed ICRA AA- (Stable) rating for long-term Bank facilities of Rs.556 crore. Outlook on the long-term rating is revised from Positive to Stable.

Astec LifeSciences receives ratings action from ICRA

Revenue from operations in the December 2022 quarter slipped 32.37 per cent to Rs 117 crore against Rs 173 crore in December 2021.

Astec Lifesciences shares tank 14% after Q3 results

Astec Lifesciences slumped 11.46% to Rs 1346.75 after the company’s consolidated net profit slumped 96.61% to Rs 0.84 crore on 32.40% decline in net sales to Rs 117.18 crore in Q3 December 2022 over Q3 December 2021.

Astec Life drops after Q3 PAT slumps 97% YoY

Astec Lifesciences consolidated net profit rises 101.87% in the September 2022 quarter

Astec Lifesciences Ltd, Tanla Platforms Ltd, Kalyan Jewellers India Ltd and Rites Ltd are among the other gainers in the BSE’s ‘A’ group today, 13 October 2022.

Maharashtra Seamless Ltd leads gainers in ‘A’ group

The stock of pesticides & agrochemicals company surpassed its previous high of Rs 2,178.85, which it had touched on July 20, 2022

Astec Lifesciences hits record high in a weak mkt; stock up 24% in 3 days

ICICI Direct is bullish on Astec Lifesciences has recommended buy rating on the stock with a target price of Rs 2215 in its research report dated July 27, 2022.

Buy Astec Lifesciences; target of Rs 2215: ICICI Direct

Company reported a net profit of Rs11.40 crore in Q1FY23, down by 12.20% yoy against Rs13 crore in the previous corresponding quarter.

Astec Lifesciences tumbles ~5% as Net Profit declines 12.20% yoy in Q1FY23

Investors should be aware that tomorrow will represent the ex-dividend date for the shares of Renaissance Global Limited, Ador Welding, HCL, Astec LifeSciences Limited, Heranba Industries Limited, and Aegis Logistics.

6 stocks to turn ex-dividend tomorrow: Check if you own any

With a market valuation of Rs. 3,659.26 crore, Astec Lifesciences Ltd. is a small-cap firm that manufactures pesticides and agricultural chemicals.

Multibagger Godrej group stock fixes record date for dividend: Check details

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Astec LifeSciences Limited is a holding company. The Company is a producer of agrochemicals and pharmaceutical intermediates.