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Ashoka Metcast Ltd

Company details

16.26
17.45
6.55
20.21
6M Return 124.12%
1Y Return 113.48%
Mkt Cap.(Cr) 42.74
Volume 30,000
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 30,000

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 35.04 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 10,846.35 -17,022.91
LAST 3M 25,915.29 -5,903.92
LAST 6M 50,214.07 67,090.14
LAST 12M 182,243.81 -105,158.90

INFORMATION

Stock PE (TTM)

24.08

Promoter Holding

53.65%

Book Value

16.9996

ROCE

6.92%

ROE

6.22%

Description

  • 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 20,2017 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 12,000 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 18,000 tons per annum.

Registered Address

7th Floor Ashoka Chambers, Opp HCG Hoapitals Mithakhali, Ahmedabad, Gujarat, 380006

Tel : 91-79-26463226
Email : info:ashokametcast.in
Website : http://www.ashokametcast.in

Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 6000
BSE Code : 540923
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : M
ISIN : INE760Y01011

ICICIdirect Ashoka Metcast Ltd FAQ

You can buy Ashoka Metcast Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ashoka Metcast Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 25, 2023 04:01 PM the closing price of Ashoka Metcast Ltd was ₹ 17.10.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 25, 2023 04:01 PM, the market cap of Ashoka Metcast Ltd stood at ₹ 42.74.
The latest PE ratio of Ashoka Metcast Ltd as of Jan 25, 2023 04:01 PM is 24.08
The latest PB ratio of Ashoka Metcast Ltd as of Jan 25, 2023 04:01 PM is 0.99
The 52-week high of Ashoka Metcast Ltd is ₹ 20.21 while the 52-week low is ₹ 6.55

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