ASHOKAMET

Ashoka Metcast Share PriceAshoka Metcast

₹20.66
0.41 (2.02%)
As on 04 December, 2023 | 11:27 BSE: 540923 NSE: ASHOKAMETISIN: INE760Y01011

Ashoka Metcast Performance

Day Range

  • Low 20.25
  • High 22.25
₹ 20.66

52 Week Range

  • Low 16.05
  • High 28.65
₹ 20.66
  • Open Price20.25
  • Previous Close20.45
  • Volume33908

Start SIP in Ashoka Metcast

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Ashoka Metcast Share Price

  • Over 1 Month 2.84%
  • Over 3 Month 17.81%
  • Over 6 Month 10.84%
  • Over 1 Year 146.71%

Ashoka Metcast Key Statistics

P/E Ratio
PEG Ratio
Market Cap Cr 52
Price to Book Ratio 0.5
EPS 0
Dividend 0
Relative Strength Index 49.41
Money Flow Index 42.03
MACD Signal 0.11
Average True Range 1.24

Ashoka Metcast Investment Rating

  • Master Rating:
  • Ashoka Metcast has an operating revenue of Rs. 137.60 Cr. on a trailing 12-month basis. An annual revenue de-growth of -24% needs improvement, Pre-tax margin of 8% is okay, ROE of 3% is fair but needs improvement. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 1 which is a POOR score indicating inconsistency in earnings, a RS Rating of 68 which is FAIR indicating the recent price performance, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 68 indicates it belongs to a poor industry group of Metal Prds-Distributor and a Master Score of D is close to being the worst. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Ashoka Metcast Financials
IndicatorSep 2023Jun 2023
Oper Rev Qtr Cr 01
Operating Expenses Qtr Cr 01
Operating Profit Qtr Cr 00
Depreciation Qtr Cr 00
Interest Qtr Cr 00
Tax Qtr Cr 00
Net Profit Qtr Cr 00
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 30
Operating Expenses Annual Cr 30
Operating Profit Annual in Cr 00
Depreciation Cr 00
Interest Annual Cr 00
Tax Annual Cr 00
Net Profit Annual Cr 00
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 02
Cash from Investing Activity Annual Cr 2-17
Cash from Financing Annual Activity Cr -116
Net Cash Flow Annual Cr 10
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3634
Fixed Assets Annual Cr 00
Total Non Current Assets Annual Cr 3436
Total Current Assets Annual Cr 62
Total Assets Annual Cr 4038
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1419
ROE Annual % 00
ROCE Annual % 00
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 60
IndicatorSep 2023Jun 2023
Oper Rev Qtr Cr 614
Operating Expenses Qtr Cr 613
Operating Profit Qtr Cr 01
Depreciation Qtr Cr 00
Interest Qtr Cr 00
Tax Qtr Cr 00
Net Profit Qtr Cr 01
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5167
Operating Expenses Annual Cr 4663
Operating Profit Annual in Cr 44
Depreciation Cr 01
Interest Annual Cr 11
Tax Annual Cr 11
Net Profit Annual Cr 32
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -46-15
Cash from Investing Activity Annual Cr -5-4
Cash from Financing Annual Activity Cr 5318
Net Cash Flow Annual Cr 10
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 10141
Fixed Assets Annual Cr 98
Total Non Current Assets Annual Cr 3024
Total Current Assets Annual Cr 10350
Total Assets Annual Cr 13374
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 4325
ROE Annual % 35
ROCE Annual % 48
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 107

Ashoka Metcast Technicals

EMA & SMA

Current Price
₹20.66
0.41 (2.02%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹20.37
  • 50 Day
  • ₹20.10
  • 100 Day
  • ₹19.49
  • 200 Day
  • ₹17.57
  • 20 Day
  • ₹20.46
  • 50 Day
  • ₹19.95
  • 100 Day
  • ₹20.18
  • 200 Day
  • ₹18.15

Ashoka Metcast Resistance and Support

PIVOT
₹20.44
Resistance
First Resistance 20.82
Second Resistance 21.38
Third Resistance 21.77
RSI 49.41
MFI 42.03
MACD Single Line 0.11
MACD 0.06
Support
First Resistance 19.87
Second Resistance 19.48
Third Resistance 18.92

Ashoka Metcast Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 64,714 2,491,489 38.5
Week 69,852 2,671,150 38.24
1 Month 90,354 3,179,557 35.19
6 Month 74,744 3,974,871 53.18

Ashoka Metcast Result Highlights

Ashoka Metcast Synopsis

BSE-Metal Prds-Distributor

Ashoka Metcast belongs to the Industry of Construction & Contracting. Company’s Total Operating Revenue is Rs. 2.68 Cr. and Equity Capital is Rs. 25.00 Cr. for the Year ended 31/03/2023. Ashoka Metcast Ltd. is a Public Limited Listed company incorporated on 29/07/2009 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L70101GJ2009PLC057642 and registration number is 057642.
Market Cap 51
Sales 4
Shares in Float 1.15
No of funds
Yield
Book Value 1.42
U/D Vol ratio 1.3
LTDebt / Equity 10
Alpha 0.56
Beta 0.75

Ashoka Metcast

Owner NameSep-23Jun-23May-23Mar-23
Promoters 53.65%53.65%53.65%53.65%
Individual Investors 30.19%29.43%29.34%29.55%
Others 16.16%16.92%17.01%16.8%

Ashoka Metcast Management

Name Designation
Mr. Ashok C Shah Managing Director
Mr. Shalin A Shah Non Executive Director
Ms. Daxaben M Shah Independent Director
Ms. Twinkle K Chheda Director
Mr. Hiteshkumar M Donga Non Executive Director
Mr. Rushabh R Shah Independent Director
Mr. Deepti G Gavali Addnl.Independent Director

Ashoka Metcast Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Ashoka Metcast Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-11 Quarterly Results & A.G.M.
2023-06-06 Others Inter alia, to consider : 1) Appointment of Scrutinizers to scrutinize the e-voting process in a fair and transparent manner for the purpose of EGM to be held.
2023-05-24 Audited Results
2023-04-06 Others Inter alia, to consider and approve appointment of Independent Director in the Company.

Ashoka Metcast FAQs

What is Share Price of Ashoka Metcast ?

Ashoka Metcast share price is ₹20 As on 04 December, 2023 | 11:13

What is the Market Cap of Ashoka Metcast ?

The Market Cap of Ashoka Metcast is ₹51.6 Cr As on 04 December, 2023 | 11:13

What is the P/E ratio of Ashoka Metcast ?

The P/E ratio of Ashoka Metcast is As on 04 December, 2023 | 11:13

What is the PB ratio of Ashoka Metcast ?

The PB ratio of Ashoka Metcast is 0.5 As on 04 December, 2023 | 11:13

Q2FY23