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Ashoka Metcast Ltd vs Garg Furnace Ltd Stock Comparison

Ashoka Metcast Ltd vs Garg Furnace Ltd Stock Comparison

Last Updated on: Jun 03, 2026

Key Highlights

  • The Latest Trading Price of Ashoka Metcast Ltd is ₹ 15.45 as of 03 Jun 15:30 . The P/E Ratio of Ashoka Metcast Ltd changed from 31.8 on March 2021 to 7.1 on March 2025 . This represents a CAGR of -25.91% over 5 yearsThe P/E Ratio of Garg Furnace Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 years The Market Cap of Ashoka Metcast Ltd changed from ₹ 4.77 crore on March 2021 to ₹ 38.69 crore on March 2025 . This represents a CAGR of 51.99% over 5 yearsThe Market Cap of Garg Furnace Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 years The revenue of Ashoka Metcast Ltd for the Mar '26 is ₹ 13.12 crore as compare to the Mar '25 revenue of ₹ 10.15 crore. This represent the growth of 29.26% The revenue of Garg Furnace Ltd for the Mar '26 is ₹ 78.57 crore as compare to the Mar '25 revenue of ₹ 0 crore. This represent the growth of 9.2233718E16% The ebitda of Ashoka Metcast Ltd for the Mar '26 is ₹ 5.18 crore as compare to the Mar '25 ebitda of ₹ 0.49 crore. This represent the growth of 957.14% The ebitda of Garg Furnace Ltd for the Mar '26 is ₹ 4.3 crore as compare to the Mar '25 ebitda of ₹ 0 crore. This represent the growth of 9.2233718E16% The net profit of Ashoka Metcast Ltd changed from ₹ 1.52 crore to ₹ 2.22 crore over 8 quarters. This represents a CAGR of 20.85% The net profit of Garg Furnace Ltd changed from ₹ 1.25 crore to ₹ 2.65 crore over 5 quarters. This represents a CAGR of 82.42% The Dividend Payout of Ashoka Metcast Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Garg Furnace Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 years .

About Ashoka Metcast Ltd

  • Ashoka Metcast Limited was incorporated as 'Tanya Estate Private Limited' on July 29, 2009 with the Registrar of Companies, Gujarat.
  • The name of the Company was changed from 'Tanya Estate Private Limited' to 'Ashoka Metcast Private Limited' through a fresh Certificate of Incorporation issued on September 13, 2017.
  • Further, Company changed the name to Ashoka Metcast Limited on November 09, 2017. The Company is part of Gujarat based diversified business group currently promoted by Mr. Shalin Ashok Shah and Family.
  • The Company had in its earlier years began to develop real estate, infrastructure and land plotting vertical; however; due to unforeseen circumstances and changes in market dynamics, the real estate business division faced delays in execution of its plans and eventually could not complete the proposed acquisition and related plans.

About Garg Furnace Ltd

  • Incorporated in Dec.'73 as a private limited company, Garg Furnace Limited was converted into a public limited company in Feb.'76.
  • Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc.
  • Its manufacturing plants are situated at Ludhiana, in Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
  • In 1981, the arc furnace was scrapped, as its technology was not so successful and during the same year, it installed a 0.5-metric tonne capacity induction melting furnace.
  • In 1988, it added a rolling mill for the manufacture of MS hot rolled rounds.

FAQs for the comparison of Ashoka Metcast Ltd and Garg Furnace Ltd

Which company has a larger market capitalization, Ashoka Metcast Ltd or Garg Furnace Ltd?

Market cap of Ashoka Metcast Ltd is 38 Cr while Market cap of Garg Furnace Ltd is 78 Cr

What are the key factors driving the stock performance of Ashoka Metcast Ltd and Garg Furnace Ltd?

The stock performance of Ashoka Metcast Ltd and Garg Furnace Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ashoka Metcast Ltd and Garg Furnace Ltd?

As of June 3, 2026, the Ashoka Metcast Ltd stock price is INR ₹15.45. On the other hand, Garg Furnace Ltd stock price is INR ₹115.5.

How do dividend payouts of Ashoka Metcast Ltd and Garg Furnace Ltd compare?

To compare the dividend payouts of Ashoka Metcast Ltd and Garg Furnace Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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