Ashoka Metcast Ltd vs Maiden Forgings Ltd Stock Comparison
Ashoka Metcast Ltd vs Maiden Forgings 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 Maiden Forgings 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 Maiden Forgings 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 Dec '25 revenue of ₹ 9.86 crore. This represent the growth of 33.06% The revenue of Maiden Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 revenue of ₹ 0 crore. This represent the decline of 0% The ebitda of Ashoka Metcast Ltd for the Mar '26 is ₹ 5.18 crore as compare to the Dec '25 ebitda of ₹ 5.61 crore. This represent the decline of -7.66% The ebitda of Maiden Forgings Ltd for the Mar '26 is ₹ 0 crore as compare to the Dec '25 ebitda of ₹ 0 crore. This represent the decline of 0% 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 Maiden Forgings Ltd changed from ₹ 0 crore to ₹ 0 crore over 8 quarters. This represents a CAGR of 0.0%
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 Maiden Forgings 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 Maiden Forgings Ltd
Maiden Forgings Limited was originally incorporated on February 11, 2005 as a Private Limited Company as Maiden Forgings Private Limited.
Later on, the Company's name changed to 'Maiden Forgings Limited' and upon conversion of Company into Public Limited Company, a fresh Certificate of Incorporation dated December 02, 2022 was issued by Registrar of Companies, Delhi.
Company is engaged in the business of manufacturing of wide range of Bright steel and wires.
It specializes in design and manufacture of different type of ferrous metal products including carbon steel, stainless-steel and alloy steel products.
The Company's fully integrated infrastructure consists of steel drawing machines, peeling centres finishing machines installed at its 3 manufacturing plants, all located in Ghaziabad, Uttar Pradesh, which has a combined aggregated manufacturing capacity of approx.
FAQs for the comparison of Ashoka Metcast Ltd and Maiden Forgings Ltd
Which company has a larger market capitalization, Ashoka Metcast Ltd or Maiden Forgings Ltd?
Market cap of Ashoka Metcast Ltd is 38 Cr while Market cap of Maiden Forgings Ltd is 116 Cr
What are the key factors driving the stock performance of Ashoka Metcast Ltd and Maiden Forgings Ltd?
The stock performance of Ashoka Metcast Ltd and Maiden Forgings 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 Maiden Forgings Ltd?
As of June 3, 2026, the Ashoka Metcast Ltd stock price is INR ₹15.45. On the other hand, Maiden Forgings Ltd stock price is INR ₹81.7.
How do dividend payouts of Ashoka Metcast Ltd and Maiden Forgings Ltd compare?
To compare the dividend payouts of Ashoka Metcast Ltd and Maiden Forgings 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.