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ASHOKAMETAshoka Metcast Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

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.

17.20
19.94%
67Decent

Mkt Cap
₹43 Cr
P/E
2.5
P/B
0.3
Div Yield
0.00%
52W High
₹21.00
52W Low
₹12.13

Price & Volume

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Key Ratios

Market Cap (₹ cr)42.70
P/E2.50
P/B0.30
PEG0.01
ROE %8.90
ROCE %3.10
Debt / Equity0.43
EPS6.89
Revenue Growth %-25.40
Profit Growth %186.70
Dividend Yield %0.00
Promoter Holding %53.65
FII Holding %0.00
DII Holding %
Beta1.01

“—” 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

HOLDConviction 67%

The picture

  • Profit growth: 186.7% YoY
  • Debt/Equity: 0.43
  • Promoter holding: 53.6%
  • MACD: bullish
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Breakout with Volume signal (setup quality 88%)
  • Supertrend Buy signal (setup quality 80%)

Bull case

  • Profit growth: 186.7% YoY
  • Debt/Equity: 0.43
  • Promoter holding: 53.6%
  • MACD: bullish

Bear case

  • Revenue growth: -25.4% YoY
  • ROE: 8.9%
  • Golden cross setup: SMA50 below SMA200
  • Max drawdown (1y): 36%

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Revenue growth: -25.4% YoY
  • ROE: 8.9%

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

Trade Plan

Entry (CMP)
₹17.20
Stop Loss
₹15.06
risk 12.4%
Target 1 (1.5R)
₹20.41
+18.7%
Target 2 (3R)
₹23.62
+37.3%
Support (20d)
₹13.00
Resistance (52w)
₹21.00
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹2.14/share
ATR (volatility)
₹0.86
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.86). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental57
Technical75
Momentum87
Risk (safety)41

Peers — Metals

BHAGYANGR 2.23%
80
SAMBHV 1.08%
78
WELCORP 3.61%
78
VSSL 1.39%
77
RSL 1.82%
77
ARIES 1.49%
76