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ASHSI
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Share Price
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Financials
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Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
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Summary
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Profit & Loss
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Cashflow
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Revenue Mix
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Revenue Mix
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Recent events
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News
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Corporate Actions
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Events:
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Popular questions
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Business
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Shareholdings
What does Ashirwad Steels &Ind do?
Ashirwad Steels & Industries Limited transitioned from manufacturing sponge iron to investing and lending funds. They divested their sponge iron plants and now focus on operating LPG bottling plants in West Bengal and Chattisgarh.
Who are the competitors of Ashirwad Steels &Ind?
Ashirwad Steels &Ind major competitors are Chennai Ferrous, Abha Power And Steel, Oswal Minerals, Prabhu Steel, K A Wires, Facor Steels, AML Steels. Market Cap of Ashirwad Steels &Ind is ₹44 Crs. While the median market cap of its peers are ₹13 Crs.
Is Ashirwad Steels &Ind financially stable compared to its competitors?
Ashirwad Steels &Ind seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Ashirwad Steels &Ind pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ashirwad Steels &Ind latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Ashirwad Steels &Ind allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ashirwad Steels &Ind balance sheet?
Balance sheet of Ashirwad Steels &Ind is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Ashirwad Steels &Ind improving?
The profit is oscillating. The profit of Ashirwad Steels &Ind is ₹2.48 Crs for TTM, ₹2.26 Crs for Mar 2024 and ₹16.77 Crs for Mar 2023.
Is the debt of Ashirwad Steels &Ind increasing or decreasing?
Yes, The debt of Ashirwad Steels &Ind is increasing. Latest debt of Ashirwad Steels &Ind is -₹0.37 Crs as of Sep-24. This is greater than Mar-24 when it was -₹4.87 Crs.
Is Ashirwad Steels &Ind stock expensive?
Yes, Ashirwad Steels &Ind is expensive. Latest PE of Ashirwad Steels &Ind is 17.55, while 3 year average PE is 8.77. Also latest EV/EBITDA of Ashirwad Steels &Ind is 51.15 while 3yr average is 43.09.
Has the share price of Ashirwad Steels &Ind grown faster than its competition?
Ashirwad Steels &Ind has given better returns compared to its competitors. Ashirwad Steels &Ind has grown at ~20.57% over the last 9yrs while peers have grown at a median rate of 19.57%
Is the promoter bullish about Ashirwad Steels &Ind?
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 Ashirwad Steels &Ind is 69.06% and last quarter promoter holding is 69.06%.
Are mutual funds buying/selling Ashirwad Steels &Ind?
The mutual fund holding of Ashirwad Steels &Ind is stable. The current mutual fund holding in Ashirwad Steels &Ind is 0.07% while previous quarter holding is 0.07%.