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Aakash Exploration Services Ltd Fundamentals

Market Cap
₹ 128.18 Cr
P/E Ratio (TTM)
20.75
P/B Ratio
2.19
Debt to Equity
0.40
ROE
EPS (TTM)
0.61
Dividend Yield
0.00 %
Book Value
5.78

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Aakash Exploration Services Ltd Financials

Aakash Exploration Services Ltd Financials

Aakash Exploration Services Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 66.68 % 66.68 % 66.68 % 66.68 %
Retail 29.44 % 30.08 % 29.49 % 27.79 %
Others 3.85 % 3.18 % 3.83 % 5.53 %
FII 0.03 % 0.06 % 0.00 % 0.00 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

66.68%

Retail

29.44%

Others

3.85%

FII

0.03%

Mutual Funds

0.00%

Promoters

66.68%

Retail

30.08%

Others

3.18%

FII

0.06%

Mutual Funds

0.00%

Promoters

66.68%

Retail

29.49%

Others

3.83%

FII

0.00%

Mutual Funds

0.00%

Promoters

66.68%

Retail

27.79%

Others

5.53%

FII

0.00%

Mutual Funds

0.00%

Resistance and Support

₹12.73

PIVOT

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Resistance
First Resistance₹13.033
Second Resistance₹13.407
Third Resistance₹13.713
support-arrow
Support
First Support₹12.353
Second Support₹12.047
Third Support₹11.673

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day480,4611,157,24564.49
Week1,232,209441,148296.57
1 Month1,232,209321,566296.57
6 Months49,014,87540,282,71387.42

About Aakash Exploration Services Ltd

Aakash Exploration Services Limited was originally incorporated as a private limited company with the name 'Aakash Exploration Services Private Limited' on January 17, 2007. The company was converted into a Joint Stock Company from the Partnership firm M/s. Aakash Roadlines. M/s. Aakash Roadlines was formed on 30/05/2006 with the aim of carrying on the business of transportation hire, technical services and common carries. The Company was subsequently converted in to a public company and consequently name was changed to 'Aakash Exploration Services Limited' (AESL) on November 8, 2017. Established in 2007, Aakash Exploration Services Limited is a company providing services for Oil and Gas Exploration with a fundamental vision of being a leader in providing services to Oil and Gas Field while achieving international standard of excellence. The company is based out of Ahmedabad, Gujarat and spear headed by the promoters Mr. Hemang Navin Haria, Mr. Vipul Navin Haria and Mr. Krunal Pravin Haria, all having experience of oilfield services industry. Mr. Hemang Navin Varia having an experience of over 18 years, handles the budgeting issues, planning and finance related issues of the company. Mr. Vipul Navin Haria having an experience of over 20 years, handles the machinery and technical issues. Mr. Krunal Pravin Haria having an experience of over 14 years, handles and controls the work at sites. With a journey of over ten years the company has shown tremendous growth. AESL is an ISO 9001 14001 and OHSAS 18001 certified company. The Quality of supply is not an event of chance; it is a conscious effort of hard-work. The Company provides Mobile Work Over Rigs, Hot Oil Circulation Unit, Air Compressor, Mobile Steaming Unit (Boiler), Mobile Pumping Unit, Crane, Manpower Services, SRP Unit supply and Maintenance and other similar Services. The Company is also the member of International Association of Drilling Contractors. It is providing Oil and Gas field Services to M/S Oil & Natural Gas Corporation Ltd (A Govt. of India Company), Ahmedabad, Mehsana and Hazira Projects and also providing similar services to private oil field operators namely GSPCL, Cairn, Essar, Great Eastern Energy, IOC, Niko, OIL, Price Petroleum etc to their extreme satisfaction. Aakash Exploration Services Limited is a national group of Oil and Gas Field Services with a staff of more than 250 employees and operating in more than 7 states of India. The promoters, Mr. Hemang Navin Haria, Mr. Vipul Navin Haria and Mr. Krunal Pravin Haria have the required experience of the said industry of around eighteen, twenty and fourteen years respectively, through which they have been taking right steps towards the direction of developing the oilfield service business in a more organized manner thereby expanding their horizon to various geographies across the world.

Managing Director

NA

Founded

2007

NSE Symbol

AAKASH

Aakash Exploration Services Ltd Management

NameDesignation
Hemang Navin HariaChairman / Executive Director
Krunal Pravin HariaWTD & Executive Director
Vipul Navin HariaED / WTD / CFO / Promoter
Divyang Rameshchandra PatelIndependent Non Exe. Director
Piyush Vasanji SavlaIndependent Non Exe. Director
Ami Nirav ShahIndependent Non Exe. Director

Aakash Exploration Services Ltd News

Aakash Exploration Services consolidated net profit rises 231.13% in the March 2024 quarter
Sales rise 56.72% to Rs 30.89 crore
Aakash Exploration Services announces board meeting date
On 22 May 2024
Aakash Exploration Services standalone net profit declines 57.73% in the December 2023 quarter
Sales decline 18.90% to Rs 21.80 crore
Aakash Exploration Services schedules board meeting
On 13 February 2024
Aakash Exploration Services standalone net profit declines 2.33% in the September 2023 quarter
Sales decline 19.91% to Rs 21.24 crore
Aakash Exploration Services to discuss results
On 7 November 2023
Aakash Exploration Services AGM scheduled
On 20 September 2023
Aakash Exploration Services standalone net profit declines 14.75% in the June 2023 quarter
Sales decline 6.01% to Rs 18.30 crore
Aakash Exploration Services schedules board meeting
On 12 August 2023
Aakash Exploration Services standalone net profit declines 44.50% in the March 2023 quarter
Sales decline 7.77% to Rs 19.71 crore

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Aakash Exploration Services Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Aakash Exploration Services Ltd shares in BlinkX

Aakash Exploration Services Ltd's P/E ratio is 20.75 times as of June 13, 2024 at 04:14 PM.

Aakash Exploration Services Ltd's most recent financial reports indicate a price-to-book ratio of 2.19, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Aakash Exploration Services Ltd's market is 128 Cr as on June 13, 2024 at 04:14 PM.

The current financial records of Aakash Exploration Services Ltd show a % ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Aakash Exploration Services Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Aakash Exploration Services Ltd stands at 66.68%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 0.06% to 0.03%.