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Bearish
4
Neutral
4
Bullish
6
Bearish
36
Neutral
4
Bullish
6
Bearish
32
Neutral
0
Bullish
0
Discovery themes featuring this stock
Ashoka Metcast Limited is engaged primarily in the trading of structural steel products such as TMT bars, angles, channels, and MS bars.
The company was initially involved in real estate, infrastructure, and land plotting but shifted focus due to market challenges, now concentrating on trading operations since September 2017.
Ashoka Metcast made a strategic acquisition of Shree Ghantakarna Rolling Mills Pvt. Ltd. in 2017, expanding its operational scope in the steel trading sector.
In January 2018, the company raised capital through an IPO, issuing 60 lakh equity shares totaling Rs 12 crore, to bolster its trading operations.
Trading
Trading - Medium / Small
35 Cr
Low Risk
3.8
37.7
0.3
0.3
21.11
13.00
Sales CAGR
Profit CAGR
ROE
ROCE
Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
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Ashoka Metcast Ltd (ASHOKAMET) is currently trading at 13.96 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Ashoka Metcast Limited is engaged primarily in the trading of structural steel products such as TMT bars, angles, channels, and MS bars. The company was initially involved in real estate, infrastructure, and land plotting but shifted focus due to market challenges, now concentrating on trading operations since September 2017. Ashoka Metcast made a strategic acquisition of Shree Ghantakarna Rolling Mills Pvt. Ltd. in 2017, expanding its operational scope in the steel trading sector. In January 2018, the company raised capital through an IPO, issuing 60 lakh equity shares totaling Rs 12 crore, to bolster its trading operations.
Over the past 52 weeks, Ashoka Metcast Ltd has traded between a low of ₹13.00 and a high of ₹21.11. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Ashoka Metcast Ltd has a market capitalization of approximately 35.42. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Ashoka Metcast Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 3.82 and operates in the Trading sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 35.42 Cr, Ashoka Metcast Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Ashoka Metcast Ltd operates in the Trading sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Ashoka Metcast Ltd is 3.82. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
| Symbol | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
48.65 | 36 Cr | 23.17 | 2.21 | 0.00 | 7.42 | 1.05 | 0.76 | |
0.37 | 35 Cr | -7.47 | 0.30 | 0.00 | 7.00 | 7.08 | -1.99 | |
13.96 | 35 Cr | 3.82 | 0.32 | 0.00 | 5.82 | 5.67 | 5.73 | |
21.52 | 35 Cr | 14.16 | 1.11 | 0.00 | -17.81 | -17.40 | -13.18 | |
3.09 | 35 Cr | 2.04 | 0.34 | 0.00 | 15.25 | 14.31 | 10.43 | |
11.35 | 35 Cr | 13.98 | 0.75 | 0.00 | -6.03 | 3.64 | -2.66 | |
51.00 | 34 Cr | 11.66 | 1.12 | 0.00 | 6.44 | 9.78 | 8.28 |
Change in Directors
Members approved by special resolution the regularisation of Mr. Kunjan Nathabhai Rathod (DIN:10964701) as Non‑Executive Independent Director for five years effective 13‑Dec‑2025 to 12‑Dec‑2030; no debarment; no relation with directors.
Postal Ballot Results
Ashoka Metcast Ltd: remote e‑voting concluded 4 Mar 2026; shareholders approved two special resolutions — regularisation of Mr. Kunjan N. Rathod as Non‑Executive Independent Director and alteration to MOA object clause; scrutinizer report submitted.
