As of September 2024, promoters of the company own 66.68 per cent stake, FIIs own 0.50 per cent, DIIs own 0.80 per cent and public & others own 32.02 per cent stake.

The stock gave multibagger returns of 260 per cent in 3 years and a whopping 1,870 per cent in a decade.

The net sales increased by 3.19 per cent and net profit increased by 24.70 per cent in Q4FY23 compared to Q4FY22. The net sales increased by 7.18 per cent and net profit decreased by 46.79 per cent in FY23 compared to FY22. The EPS for FY23 stood at Rs 8.69.  

In FY22, net sales rose by 43.74 per cent and net profit rose by 37.11 per cent compared to FY21.   

While markets opened deep in red, as of noon, BSE Sensex was 2.90 per cent down and S&P BSE SmallCap has plunged 3.72 per cent.

Asahi Songwon Colors Ltd gained more than 12 per cent 

Asahi Songwon Colors Limited is engaged in the manufacturing and export of colour pigments and their derivatives. The share price of the company has jumped 12.52 per cent in the first half of today's trading session. The stock is in a downtrend for the past six months, decreasing more than 18 per cent from Rs 334.75 on August 24, 2021, to Rs 272.05 on February 24, 2022.