Ashima Limited (ASHIMASYN.BO)
Ashima Limited operates in the Apparel - Manufacturers industry of the Consumer Cyclical sector, headquartered in Ahmedabad, GU, IN. The stock last traded at $17.20, down 3.70% on the session, giving a market capitalisation of $3.29B. Its beta of 0.23 implies it has historically moved less than the broad market.
Ashima Limited, an Indian company founded in Ahmedabad in 1982, operates in the textile sector, manufacturing and distributing both denim fabrics and ready-to-wear apparel. Its fabric portfolio encompasses a wide array of denim styles, such as basic, ring/slub, pigment/discharge printed, and polyester denim. The company further produces various piece-dyed fabrics, including basic twills, plain weaves, canvas, satin, and dobby structures, often enhanced with chemical, mechanical, and functional finishes. For garments, Ashima offers men's shirts and trousers, along with over-dyed and ready-to-stitch products marketed under the ICON brand. While primarily serving the Indian market, the company also exports its merchandise.
Ashima Limited is most often compared with the following Consumer Cyclical names: