ASK Automotive hits new high

ASK Automotive has been persistently hitting a new high and its 5% UC with today being no different; opening at Rs.365, the moment it opened, it was frozen at the 5% UC of the day at Rs.374.30, a new 52-week too.

The stock has been hitting the roof on its announcement that it signed a technical assistance and licence agreement with Kyushu Yanagawa Seiki Co Ltd (KYSK), Japan, to manufacture high-pressure die-cast alloy wheels for two-wheelers. This collaboration aims to enhance product quality and innovation in ASK Automotive's offerings.

This apart, a month ago, the company had announced that captive solar plant [6.6 MWp(AC) / 9.9 MWp(DC)] installed at Sirsa, Haryana, has commenced it’s commercial operation from January 31, 2025.