Ashoka Metcast Ltd

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NSEBSE

25.30-0.25 (-0.98%)

12:00 AM,23rd Feb 2024

25.67-0.32 (-1.23%)

12:00 AM,23rd Feb 2024

BSE : 540923

NSE : ASHOKAMET

Sector : Others

ISIN Code : INE760Y01011

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

63

Turnover (₹ Cr)

0.00

Volume (Shares)

18842

Face Value

10

52-WK High

35.70

52-WK High Date

01 Jan 2024

52-WK Low

16.05

52-WK Low Date

27 Jun 2023

All Time High

35.70

All Time High Date

01 Jan 2024

All Time Low

16.05

All Time Low Date

27 Jun 2023

Ashoka Metcast Ltd

Ashoka Metcast Limited was incorporated as 'Tanya Estate Private Limited' on July 29 2009. 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 for since incorporation and has been over time looking to re-align its business model and financial allocations. The Company has changed its main objects on July 202017 and the name was changed to 'Ashoka Metcast Private Limited' on September 13 2017. 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 and consequently name of the Company was changed to 'Ashoka Metcast Limited' on November 09 2017. The company is currently engaged in trading and manufacturing of structural steel products like TMT bars angles channels MS Bars etc. Further the company has recently acquired 100% stake in Shree Ghantakarna Rolling Mills Pvt. Ltd. (making it its wholly owned subsidiary company). The subsidiary company owns a rolling mill having aggregate installed capacity of 12000 tons; however the same has been non-operational for 16 years due to internal financial constraints as well as market conditions. Post acquisition the company has begun the process of revamping as well as expanding its production facilities and intend to begin its production in April 2018 with an aggregate installed capacity of 18000 tons per annum.

Ashoka Metcast Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

63

EPS - TTM (₹) [C]

1.07

P/E Ratio (X) [C]

0.62

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [C]40.60
P/B Ratio (₹) [C]0.62
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

24.60

25.95

Week Low/High

24.55

27.00

Month Low/High

24.05

28.00

Year Low/High

16.05

36.00

All time Low/High

1.64

36.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-2.69%-1.36%1.290.78%
1 Month-3.36%-3.62%4.244.59%
3 Month21.63%22.82%11.1212.17%
6 Month30.08%31.77%12.1114.24%
1 Year70.37%%23.0726.85%
3 Year%%47.4551.03%

Company Info

Company Information

Non-Exec. & Independent Dir. : Daxaben M. Shah

Non-Exec. & Independent Dir. : Twinkle Kishorbhai

Company Sec. & Compli. Officer : Anchal Nareshkumar Bansal

Additional Director : Rushabh Shah

Additional Director : Hitesh Donga

Registered Office: 7th Floor Ashoka Chambers, Opp HCG Hoapitals Mithakhali,Ahmedabad,Gujarat-380006 Ph: 91-79-26463226

Email:info@ashokametcast.in

URL:http://www.ashokametcast.in