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Ashoka Metcast Ltd

Thu 13/03/2025,15:40:30 | NSE : ASHOKAMET

₹ 17.54-0.30 (-1.68%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 17.88

Previous Close

₹ 17.84

Volume

9390

Mkt Cap ( Rs. Cr)

₹43.84

High

₹ 17.88

Low

₹ 17.33

52 Week High

₹ 35.25

52 Week Low

₹ 16.60

Book Value Per Share

₹ 43.29

Dividend Yield

0.00

Face Value

₹ 10.00

What’s Your Call?

Collective community sentiment on Ashoka Metcast Ltd

Your Vote -

Buy

80.00%

Hold

10.00%

Sell

10.00%

80.00%

10 users have voted

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How many stocks are available to buy or sell and at what prices.

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Option Chain

Analyzes market sentiment, predicts Ashoka Metcast Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Ashoka Metcast - Outcome of Board Meeting

    13 Mar 2025, 1:28PM Ashoka Metcast Limited has informed the Exchange regarding Separate Meeting of the Independent Directors of the Company held on March 13, 2025.
  • Ashoka Metcast - Board Meeting Outcome for Board Meeting Outcome For Board Meeting For Outcome Of Separate Meeting Of The Ind

    13 Mar 2025, 1:26PM Outcome of Separate Meeting of Independent Directors held on 13/03/2025 as attached\r\n
  • Ashoka Metcast - Board Meeting Intimation

    8 Mar 2025, 1:24PM ASHOKA METCAST LIMITED has informed the Exchange about Board Meeting to be held on 13-Mar-2025 to consider Other business.
  • Ashoka Metcast - Board Meeting Intimation for Separate Meeting Of Independent Directors

    8 Mar 2025, 1:06PM Ashoka Metcast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/03/2025 ,inter alia, to consider and a
  • Ashoka Metcast - Resignation of Independent director

    15 Feb 2025, 4:42PM ASHOKA METCAST LIMITED has informed the Exchange about Resignation of Independent director.
  • Ashoka Metcast - Resignation

    15 Feb 2025, 4:40PM Ashoka Metcast Limited has informed the Exchange regarding Resignation of Manjusha Rahul Salunke as Non- Executive Independent Director of the compa
  • Ashoka Metcast - Announcement under Regulation 30 (LODR)-Resignation of Director

    15 Feb 2025, 4:39PM Resignation of Mrs. Manjusha Rahul Salunke (DIN: 10666478) Non-Executive Non-Independent Director w.e.f. February 15, 2025
  • Ashoka Metcast - Copy of Newspaper Publication

    14 Feb 2025, 12:25PM Ashoka Metcast Limited has informed the Exchange about Copy of Newspaper Publication
  • Ashoka Metcast - Integrated Filing- Financial

    13 Feb 2025, 4:10PM Integrated filing_Financial results_quarter ended on December 31, 2024.
  • Ashoka Metcast - Financial Result Updates

    13 Feb 2025, 3:54PM Ashoka Metcast Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Ashoka Metcast - Outcome of Board Meeting

    13 Feb 2025, 3:50PM Ashoka Metcast Limited has informed the Exchange regarding Board meeting held on February 13, 2025.
  • Ashoka Metcast - Integrated Filing (Financial)

    13 Feb 2025, 4:09PM Integrated filing_Financial Results_for quarter ended on December 31, 2024
  • Ashoka Metcast - Results - Financial Results For December 31, 2024

    13 Feb 2025, 3:57PM Declaration of Financial results for quarter and nine months ended on December 31, 2024
  • Ashoka Metcast - Board Meeting Outcome for Outcome Of Board Meeting Held On February 13, 2025

    13 Feb 2025, 3:49PM The Board of Directors of the Company at its meeting held today i.e. 13th February, 2025 considered and approved the following:\r\n\r\n1) The Standalo
  • Ashoka Metcast - Board Meeting Intimation

    7 Feb 2025, 2:30PM ASHOKA METCAST LIMITED has informed the Exchange about Board Meeting to be held on 13-Feb-2025 to inter-alia consider and approve the Unaudited Financ
  • Ashoka Metcast - Board Meeting Intimation for Board Meeting To Be Held On February 13, 2025

    7 Feb 2025, 2:25PM Ashoka Metcast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2025 ,inter alia, to consider and a
  • Ashoka Metcast - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Jan 2025, 5:03PM Ashoka Metcast Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Ashoka Metcast - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    9 Jan 2025, 4:56PM Certificate under Regulation 74(5) of the SEBI (Depositories and participants) Regulation,2018 for the quarter ended December 31,2024
  • Ashoka Metcast - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    2 Jan 2025, 12:05PM ASHOKA METCAST LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • Ashoka Metcast - Resignation

    1 Jan 2025, 6:40PM Ashoka Metcast Limited has informed the Exchange regarding Resignation of Mr Dipak Pandit Nikam as Chief Financial Officer of the company w.e.f. Janua
  • Ashoka Metcast - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)

    1 Jan 2025, 6:37PM Resignation of CFO Mr. w.e.f. 1st January, 2025
  • Ashoka Metcast - Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent

    30 Dec 2024, 4:52PM ASHOKA METCAST LIMITED has informed the Exchange about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agen
  • Ashoka Metcast - Resignation

    30 Dec 2024, 4:33PM Ashoka Metcast Limited has informed the Exchange regarding Resignation of Payal Shalin Shah as Non- Executive Director of the company w.e.f. December
  • Ashoka Metcast - Resignation

    30 Dec 2024, 4:24PM Ashoka Metcast Limited has informed the Exchange regarding Resignation of Leena Ashok Shah as Managing Director of the company w.e.f. December 30, 20
  • Ashoka Metcast - Announcement under Regulation 30 (LODR)-Resignation of Director

    30 Dec 2024, 4:30PM Resignation of Mrs. Payal Shalin Shah as a Additional Non Executive Director of the Company
  • Ashoka Metcast - Announcement under Regulation 30 (LODR)-Resignation of Managing Director

    30 Dec 2024, 4:15PM Resignation of Mrs. Leena Ashok Shah as a Managing Director of the Company.
  • Ashoka Metcast - Trading Window-XBRL

    26 Dec 2024, 6:20PM Ashoka Metcast Limited has informed the Exchange about Closure of Trading Window
  • Ashoka Metcast - Trading Window

    26 Dec 2024, 6:14PM Ashoka Metcast Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2

Key fundamentals

Evaluate the intrinsic value of Ashoka Metcast Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 36.4558 35.5326 36.7751 21.2525 21.4578
Liabilities 36.4558 35.5326 36.7751 21.2525 21.4578
Equity 24.996 24.996 17.54 10.71 10.71
Gross Profit -0.0393 -0.0877 -0.2336 0.1563 -0.0143
Net Profit 0.9232 0.0914 -0.0971 -0.0037 -0.0321
Cash From Operating Activities -1.6914 0.0897 1.5922 -0.3584 1.7817
NPM(%) 62.25 3.41 0 -0.16 -1.62
Revenue 1.4829 2.6803 0 2.2085 1.9768
Expenses 1.5222 2.768 0.2336 2.0522 1.9912
ROE(%) 0.85 0.08 -0.08 0 -0.02

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Ashoka Metcast Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
P S Raj Steels Ltd 141.90 1.65 0.00 1.07 84.41 0.00
Vaswani Industries Ltd 36.98 -1.28 11.93 52.26 28.82 0.00
Kirloskar Ferrous Industries Ltd 452.20 0.00 33.62 286.07 362.03 1.22
Prakash Steelage Ltd 6.75 0.60 3.28 304.85 330.78 0.00

Company Info

HISTORY AND CERTAIN CORPORATE MATTERS The Company was incorporated as "Tanya Estate Private Limited" on July 29, 2009 under the Companies Act, 1956 with the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. The Company had in its earlier years began to develop real estate, infrastructure and land plotting vertical; however; due to unforeseen circumstances and changes in market dynamics the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans. Hence, the Company was thereafter non-operative (from an operating income point of view) for since incorporation and has been over time looking to re-align its business model and financial allocations. Vide resolution dated July 20,2017, the Company has changed its main objects and the name was changed from "Tanya Estate Private Limited" to "Ashoka Metcast Private Limited" and a fresh certificate of incorporation was issued on September 13, 2017 by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Further the status of the Company was changed to a public limited company by a special resolution passed at a shareholders' meeting on October 23, 2017. A fresh Certificate of Incorporation consequent upon conversion of company to public limited Company was issued on November 09, 2017 by the Registrar of Companies, Gujarat at Ahmedabad and consequently name of the Company was changed to "Ashoka Metcast Limited". the Company's Corporate Identification Number is U70101GJ2009PLC057642. The Company is currently engaged in trading of structural steel products such as Round Bars, Flat Bars etc. and through the wholly owned Subsidiary, SGRM we are proposing to manufacture structural steel products like TMT bars, angles, channels, MS Bars etc. Major Events In The History Of The Company: 2009 - Incorporation of the Company as "Tanya Estate Private Limited" under Companies Act, 1956 2017 - The name of the Company changed from "Tanya Estate Private Limited" to "Ashoka Metcast Private Limited" - Acquired 100% stake in "Shree Ghantakarna Rolling Mills Private Limited", making it as the wholly owned Subsidiary Company - Conversion of the Company from private to public i.e. from "Ashok Metcast Private Limited" to "Ashoka Metcast Limited".

HISTORY AND CERTAIN CORPORATE MATTERS The Company was incorporated as "Tanya Estate Private Limited" on July 29, 2009 under the Companies Act, 1956 with the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. The Company had in its earlier years began to develop real estate, infrastructure and land plotting vertical; however; due to unforeseen circumstances and changes in market dynamics the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans. Hence, the Company was thereafter non-operative (from an operating income point of view) for since incorporation and has been over time looking to re-align its business model and financial allocations. Vide resolution dated July 20,2017, the Company has changed its main objects and the name was changed from "Tanya Estate Private Limited" to "Ashoka Metcast Private Limited" and a fresh certificate of incorporation was issued on September 13, 2017 by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Further the status of the Company was changed to a public limited company by a special resolution passed at a shareholders' meeting on October 23, 2017. A fresh Certificate of Incorporation consequent upon conversion of company to public limited Company was issued on November 09, 2017 by the Registrar of Companies, Gujarat at Ahmedabad and consequently name of the Company was changed to "Ashoka Metcast Limited". the Company's Corporate Identification Number is U70101GJ2009PLC057642. The Company is currently engaged in trading of structural steel products such as Round Bars, Flat Bars etc. and through the wholly owned Subsidiary, SGRM we are proposing to manufacture structural steel products like TMT bars, angles, channels, MS Bars etc. Major Events In The History Of The Company: 2009 - Incorporation of the Company as "Tanya Estate Private Limited" under Companies Act, 1956 2017 - The name of the Company changed from "Tanya Estate Private Limited" to "Ashoka Metcast Private Limited" - Acquired 100% stake in "Shree Ghantakarna Rolling Mills Private Limited", making it as the wholly owned Subsidiary Company - Conversion of the Company from private to public i.e. from "Ashok Metcast Private Limited" to "Ashoka Metcast Limited".

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Parent Organisation

Ashoka Metcast Ltd.

Founded

29/07/2009

Managing Director

Mr.Ashok C Shah

NSE Symbol

ASHOKAMETEQ

FAQ

The current price of Ashoka Metcast Ltd is ₹ 17.54.

The 52-week high for Ashoka Metcast Ltd is ₹ 17.88 and the 52-week low is ₹ 17.33.

The market capitalization of Ashoka Metcast Ltd is currently ₹ 43.84. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Ashoka Metcast Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Ashoka Metcast Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Ashoka Metcast Ltd shares.

The CEO of Ashoka Metcast Ltd is Mr.Ashok C Shah, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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