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ASHOKAMETAshoka Metcast Limited

Metals · Steel · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

14.41
0.28%
43Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)35.90
P/E2.38
P/B0.21
PEG0.05
ROE %8.56
ROCE %3.10
Debt / Equity0.43
EPS6.05
Revenue Growth %23.60
Profit Growth %47.10
Dividend Yield %0.00
Promoter Holding %53.65
FII Holding %0.00
DII Holding %
Beta0.80

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

None of the 16 pattern scanners currently detects a setup on ASHOKAMET — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

HOLDConviction 59%

The picture

  • Revenue growth: 23.6% YoY
  • Profit growth: 47.1% YoY
  • Debt/Equity: 0.43
  • Supertrend: bullish
  • Trend strength (ADX): 32
  • Beta: 0.80

Bull case

  • Revenue growth: 23.6% YoY
  • Profit growth: 47.1% YoY
  • Debt/Equity: 0.43
  • Supertrend: bullish

Bear case

  • ROE: 8.6%
  • ROCE: 3.1%
  • RSI: 35
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • ROE: 8.6%
  • ROCE: 3.1%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹14.41
Stop Loss
₹13.99
risk 2.9%
Target 1 (1.5R)
₹15.04
+4.4%
Target 2 (3R)
₹15.67
+8.7%
Support (20d)
₹14.13
Resistance (52w)
₹21.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.42/share
ATR (volatility)
₹0.56
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.56). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
70
Technical
33
Momentum
21
Risk (safety)
43

Peers — Metals

SHYAMMETL 3.18%
80
JGCHEM 9.82%
77
MBAPL 6.86%
77
LLOYDSME 2.28%
76
GSPCROP 0.47%
74
WELCORP 2.17%
73

About

Ashoka Metcast Limited engages in the trading of steel, goods, and other products in India. It provides thermo-mechanically treated, round, flat, mild steel, and angle bars, and steel channels. The company was incorporated in 2009 and is based in Ahmedabad, India.