Ashoka Metcast
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Forensics
Recent events
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Corporate Actions
** Shares of India's Rhetan TMT RHET.NS rise 5% to 26.69 rupees
** Company says it has obtained Bureau of Indian Standards licence to manufacture Fe500D, Fe550 and Fe550D grade Thermo Mechanically Treated (TMT) Bars, strengthening its product portfolio
** Adds that it has initiated preliminary steps to evaluate manufacturing Corrosion Resistant Steel (CRS) TMT bars, including exploring technology tie-ups and required regulatory approvals
** Stock up 9.8%, YTD
(Reporting by Payel Das in Bengaluru)
** Shares of India's Rhetan TMT RHET.NS rise 5% to 26.69 rupees
** Company says it has obtained Bureau of Indian Standards licence to manufacture Fe500D, Fe550 and Fe550D grade Thermo Mechanically Treated (TMT) Bars, strengthening its product portfolio
** Adds that it has initiated preliminary steps to evaluate manufacturing Corrosion Resistant Steel (CRS) TMT bars, including exploring technology tie-ups and required regulatory approvals
** Stock up 9.8%, YTD
(Reporting by Payel Das in Bengaluru)
Aug 12 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
APPOINTS CHANDRAKANT NATUBHAI CHAUHAN AS CFO
Source text:
Further company coverage: ASKH.NS
(([email protected];))
Aug 12 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
APPOINTS CHANDRAKANT NATUBHAI CHAUHAN AS CFO
Source text:
Further company coverage: ASKH.NS
(([email protected];))
Jan 1 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - DIPAK PANDIT NIKAM RESIGNS AS CFO
Source text: ID:nBSE7D0dZ0
Further company coverage: ASKH.NS
(([email protected];))
Jan 1 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - DIPAK PANDIT NIKAM RESIGNS AS CFO
Source text: ID:nBSE7D0dZ0
Further company coverage: ASKH.NS
(([email protected];))
Dec 30 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - LEENA ASHOK SHAH RESIGNS AS MANAGING DIRECTOR
Source text: ID:nBSE3jWTwp
Further company coverage: ASKH.NS
(([email protected];))
Dec 30 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - LEENA ASHOK SHAH RESIGNS AS MANAGING DIRECTOR
Source text: ID:nBSE3jWTwp
Further company coverage: ASKH.NS
(([email protected];))
Oct 10 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
LEENA ASHOK SHAH NAMED MD
Source text for Eikon: ID:nBSE1wWgL8
Further company coverage: ASKH.NS
(([email protected];;))
Oct 10 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
LEENA ASHOK SHAH NAMED MD
Source text for Eikon: ID:nBSE1wWgL8
Further company coverage: ASKH.NS
(([email protected];;))
Feb 9 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
TO EXPLORE OPPORTUNITIES IN CHEMICAL INDUSTRY, AND COMMENCE MANUFACTURING OF CERTAIN CHEMICALS
Source text for Eikon: [ID:]
Further company coverage: ASKH.NS
(([email protected];))
Feb 9 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
TO EXPLORE OPPORTUNITIES IN CHEMICAL INDUSTRY, AND COMMENCE MANUFACTURING OF CERTAIN CHEMICALS
Source text for Eikon: [ID:]
Further company coverage: ASKH.NS
(([email protected];))
Feb 6 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - TO CONSIDER POTENTIAL ENTRY INTO CHEMICAL BUSINESS
Source text for Eikon: ID:nBSE5Vg54L
Further company coverage: ASKH.NS
(([email protected];))
Feb 6 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
ASHOKA METCAST LTD - TO CONSIDER POTENTIAL ENTRY INTO CHEMICAL BUSINESS
Source text for Eikon: ID:nBSE5Vg54L
Further company coverage: ASKH.NS
(([email protected];))
Dec 22 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
HIRENKUMAR TRIBHOVANDAS MAKWANA RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nNSE1gdvfn
Further company coverage: ASKH.NS
(([email protected];))
Dec 22 (Reuters) - Ashoka Metcast Ltd ASKH.NS:
HIRENKUMAR TRIBHOVANDAS MAKWANA RESIGNS AS CHIEF FINANCIAL OFFICER
Source text for Eikon: ID:nNSE1gdvfn
Further company coverage: ASKH.NS
(([email protected];))
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Popular questions
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What does Ashoka Metcast do?
Ashoka Metcast Ltd, established in 2009, specializes in the trading of goods and steel. It has distinct business segments for each category.
Who are the competitors of Ashoka Metcast?
Ashoka Metcast major competitors are Healthy Life Agritec, Jaihind Industries, Contil India, Mittal Life Style, Le Lavoir, Rajnish Retail, Amit Securities. Market Cap of Ashoka Metcast is ₹35 Crs. While the median market cap of its peers are ₹34 Crs.
Is Ashoka Metcast financially stable compared to its competitors?
Ashoka Metcast seems to be less financially stable compared to its competitors. Altman Z score of Ashoka Metcast is 1.44 and is ranked 8 out of its 8 competitors.
Does Ashoka Metcast pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ashoka Metcast latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Ashoka Metcast allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ashoka Metcast balance sheet?
Ashoka Metcast balance sheet is weak and might have solvency issues
Is the profitablity of Ashoka Metcast improving?
The profit is oscillating. The profit of Ashoka Metcast is ₹12.91 Crs for TTM, ₹15.13 Crs for Mar 2026 and ₹7.34 Crs for Mar 2025.
Is the debt of Ashoka Metcast increasing or decreasing?
Yes, The net debt of Ashoka Metcast is increasing. Latest net debt of Ashoka Metcast is ₹54.97 Crs as of Mar-26. This is greater than Mar-25 when it was ₹14.44 Crs.
Is Ashoka Metcast stock expensive?
Ashoka Metcast is not expensive. Latest PE of Ashoka Metcast is 2.7, while 3 year average PE is 9.55. Also latest EV/EBITDA of Ashoka Metcast is 17.49 while 3yr average is 29.07.
Has the share price of Ashoka Metcast grown faster than its competition?
Ashoka Metcast has given lower returns compared to its competitors. Ashoka Metcast has grown at ~11.23% over the last 4yrs while peers have grown at a median rate of 21.5%
Is the promoter bullish about Ashoka Metcast?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Ashoka Metcast is 53.65% and last quarter promoter holding is 53.65%.
Are mutual funds buying/selling Ashoka Metcast?
There is Insufficient data to gauge this.