Why is Ashoka Metcast falling/rising?
2025-11-19 23:55:17As of 19-Nov, Ashoka Metcast Ltd is experiencing a decline in its stock price, currently at 16.11, which reflects a decrease of 0.34 or 2.07%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.05% during this period. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also decreased significantly, with a drop of 48.28% compared to the 5-day average, suggesting reduced investor participation. The stock's year-to-date performance shows a substantial decline of 31.97%, contrasting sharply with the Sensex, which has gained 9.02% over the same period. In the broader market context, Ashoka Metcast's short-term performance has been notably poor compared to the benchmark, as it has declined by 3.76% over the past week while the Sensex has increase...
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Ashoka Metcast Faces Financial Struggles Amid High Non-Operating Income Reliance
2025-11-13 11:04:22Ashoka Metcast, a microcap in the non-ferrous metals sector, reported a significant decline in financial performance for the quarter ending September 2025, with profit before tax dropping nearly 80% and net sales at Rs 5.21 crore. The company relies heavily on non-operating income, raising sustainability concerns.
Read MoreHow has been the historical performance of Ashoka Metcast?
2025-11-13 00:33:40Answer: The historical performance of Ashoka Metcast shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods. Breakdown: Ashoka Metcast's net sales peaked at 67.03 Cr in March 2022 but have since decreased to 38.96 Cr by March 2025. The total operating income followed a similar pattern, reaching 66.25 Cr in March 2024 before dropping to 38.96 Cr in March 2025. The raw material costs have also seen a decline, from 67.15 Cr in March 2022 to 37.84 Cr in March 2025. Despite these challenges, the operating profit (PBDIT) has shown improvement, rising from 0.68 Cr in March 2020 to 10.18 Cr in March 2025, indicating better operational efficiency. The profit before tax increased from 0.10 Cr in March 2020 to 7.96 Cr in March 2025, while the profit after tax reached 7.34 Cr in March 2025, up from 0.07 Cr in March 2020. The company's total assets have grown f...
Read MoreHow has been the historical performance of Ashoka Metcast?
2025-11-12 23:59:39Answer: The historical performance of Ashoka Metcast shows a fluctuating trend in net sales and profitability over the years, with significant growth in recent periods. Breakdown: Ashoka Metcast's net sales peaked at 67.03 Cr in March 2022 but have since declined to 38.96 Cr in March 2025. The total operating income followed a similar trend, reaching a high of 67.03 Cr in March 2022 and dropping to 38.96 Cr in March 2025. Raw material costs have also varied, peaking at 67.15 Cr in March 2022 and decreasing to 37.84 Cr in March 2025. Despite these fluctuations, the operating profit (PBDIT) increased from 0.68 Cr in March 2020 to 10.18 Cr in March 2025, indicating improved operational efficiency. Profit before tax rose significantly from 0.10 Cr in March 2020 to 7.96 Cr in March 2025, while profit after tax also saw a substantial increase from 0.07 Cr in March 2020 to 7.34 Cr in March 2025. The company's tot...
Read MoreShareholder Meeting / Postal Ballot-Notice of Postal Ballot
02-Feb-2026 | Source : BSENotice of Postal Ballot_As attached
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
30-Jan-2026 | Source : BSEAmendment in Memorandum of Association of the Company
Board Meeting Outcome for Outcome Of Board Meeting Held On 30.01.2026
30-Jan-2026 | Source : BSEOutcome of Board meeting_As attached
Corporate Actions
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