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Ashoka Metcast Ltd

(ASHOKAMET)

₹23.061.11%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Technicals

Ashoka Metcast Ltd Performance

  • Day's Low

    Day's High

    ₹22.67
    Day's Price Range
    ₹23.75
  • 52 Week's Low

    52 Week's High

    ₹17
    52-Week Price Range
    ₹35.7
1 Month Return+ 2.28 %
3 Month Return+ 18.98 %
1 Year Return+ 6.97 %
Previous Close₹23.32
Open₹23.75
Volume59.87K
Upper Circuit-
Lower Circuit-
Market Cap₹57.67Cr

Ashoka Metcast Ltd Key Statistics

P/E Ratio6.51
PEG Ratio2.93
Market Cap₹57.67 Cr
P/B Ratio1.23
EPS1.92
Dividend Yield0
SectorTrading
ROE-0.19

Ashoka Metcast Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹57.67 Cr147.17%0.51₹4 Cr₹66 Cr
NA₹326.57 Cr809.63%0.91₹31 Cr₹13 Cr
NA₹7.61 Cr35.1%0.59NANA
NA₹734.03 Cr68.79%0.51₹8 Cr₹240 Cr
NA₹27.34 Cr551.54%0.53NANA

About Ashoka Metcast Ltd

Ashoka Metcast Limited was initially incorporated as Tanya Estate Private Limited in 2009 to focus on real estate infrastructure and land plotting. However, the plans did not come to fruition, and the company eventually realigned its business model. In 2017, the name changed to Ashoka Metcast Private Limited and later into a public limited company. Currently, the company is engaged in trading and manufacturing of structural steel products like TMT bars, angles, channels, MS Bars. Recently, it has acquired 100% stake in Shree Ghantakarna Rolling Mills Pvt. Ltd. to become its wholly owned subsidiary in April 2018. The subsidiary company owns a rolling mill with an aggregate installed capacity of 12000 tons, which will be revamped to its intended 18000 tons per annum post acquisition.

Share Price: ₹23.06 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹57.67Cr as of today
Revenue: ₹14.33Cr as on September 2024 (Q3 24)
Net Profit: ₹3.48Cr as on September 2024 (Q3 24)
Listing date: 27 Jun, 2023
OrganisationAshoka Metcast Ltd
Headquarters
IndustryTrading
E-voting on sharesClick here to vote

Key events for Ashoka Metcast Ltd

  • Ashoka Metcast Stock Soars on Q2 Profit Surge - 11 Oct, 2024

    On October 11, 2024, Ashoka Metcast's stock hit a 20% upper circuit after announcing a remarkable 894% increase in Q2 net profit to Rs 3.48 crore. The company also appointed Leena Ashok Shah as managing director and Payal Shalin Shah as an additional non-executive director. Over the past year, the stock has risen approximately 39%, outperforming the Nifty's 26% gain.
  • Ashoka Metcast Reports Q2 Earnings Results - 10 Oct, 2024

    Ashoka Metcast Limited announced its earnings results for the second quarter and six months ended September 30, 2024, highlighting its trading and manufacturing activities in structural steel products.

Insights on Ashoka Metcast Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, ASHOKAMET has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 1.52 Cr → 3.48 Cr (in ₹), with an average increase of 56.3% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 12.56 Cr → 15.27 Cr (in ₹), with an average increase of 17.8% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.65% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 27.7% return, outperforming this stock by 32.4%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 46.35% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, ASHOKAMET stock has moved down by -4.2%

Ashoka Metcast Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹5.91Cr (-)₹6.73Cr (↑13.87%)₹39.39Cr (↑485.29%)₹11.26Cr (↓71.41%)₹14.33Cr (↑27.26%)
Net Income₹0.25Cr (-)₹0.34Cr (↑36.00%)₹3.57Cr (↑950.00%)₹1.52Cr (↓57.42%)₹3.48Cr (↑128.95%)
Net Profit Margin4.23% (-)5.05% (↑19.39%)9.06% (↑79.41%)13.50% (↑49.01%)24.28% (↑79.85%)
Value in ₹ crore
Details2021202220232024
Total Assets₹22.54Cr (-)₹38.08Cr (↑68.94%)₹39.89Cr (↑4.75%)₹38.00Cr (↓4.74%)
Total Liabilities₹1.29Cr (-)₹4.50Cr (↑248.84%)₹4.35Cr (↓3.33%)₹1.54Cr (↓64.60%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹1.78Cr (-)-₹0.36Cr (↓120.22%)₹1.59Cr (↓541.67%)₹0.09Cr (↓94.34%)-₹1.69Cr (↓1,977.78%)

Ashoka Metcast Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.65%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
46.35%
0.00
Others
0%
0.00

Ashoka Metcast Ltd Key Indicators

Details20232024
Return On Equity %0.26-0.19
Details20202021202220232024
Return On Assets %0.120.675.498.0712.61
Details20202021202220232024
Book Value Per Share (₹)1919.1219.9840.641.83
Details20202021202220232024
Earning Per Share (₹)0.070.121.281.231.92

Ashoka Metcast Ltd Valuation

Ashoka Metcast Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.52x)

October 7, 2024

Today (6.51x)

December 19, 2024

Industry (99.45x)

December 19, 2024

Highest (30.71x)

January 1, 2024

LowHigh

Ashoka Metcast Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Ashoka Metcast Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Ashoka Metcast Ltd

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Ashoka Metcast Ltd (ASHOKAMET) share price today is ₹23.06

Ashoka Metcast Ltd is listed on NSE

Ashoka Metcast Ltd is listed on BSE

  • Today’s highest price of Ashoka Metcast Ltd is ₹23.75.
  • Today’s lowest price of Ashoka Metcast Ltd is ₹22.67.

PE Ratio of Ashoka Metcast Ltd is 6.51

PE ratio = Ashoka Metcast Ltd Market price per share / Ashoka Metcast Ltd Earnings per share

Today’s traded volume of Ashoka Metcast Ltd(ASHOKAMET) is 59.87K.

Today’s market capitalisation of Ashoka Metcast Ltd(ASHOKAMET) is ₹57.67Cr.

Ashoka Metcast Ltd(ASHOKAMETPrice
52 Week High
₹35.7
52 Week Low
₹17

Ashoka Metcast Ltd(ASHOKAMET) share price is ₹23.06. It is down -35.41% from its 52 Week High price of ₹35.7

Ashoka Metcast Ltd(ASHOKAMET) share price is ₹23.06. It is up 35.65% from its 52 Week Low price of ₹17

Ashoka Metcast Ltd(ASHOKAMETReturns
1 Day Returns
-0.26%
1 Month Returns
2.28%
3 Month Returns
18.98%
1 Year Returns
6.97%