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Ashoka Metcast Ltd vs Suraj Ltd Stock Comparison

Ashoka Metcast Ltd vs Suraj 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 9.4 on March 2024 to 11.9 on March 2023 . This represents a CAGR of 4.83% over 5 yearsThe P/E Ratio of Suraj Ltd changed from 18.6 on March 2024 to 0 on March 2023 . This represents a CAGR of -100.00% over 5 years The Market Cap of Ashoka Metcast Ltd changed from ₹ 44.99 crore on March 2024 to ₹ 38.47 crore on March 2023 . This represents a CAGR of -3.08% over 5 yearsThe Market Cap of Suraj Ltd changed from ₹ 400.61 crore on March 2024 to ₹ 0 crore on March 2023 . This represents a CAGR of -100.00% 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 Suraj Ltd for the Mar '26 is ₹ 46.27 crore as compare to the Dec '25 revenue of ₹ 62.54 crore. This represent the decline of -26.02% 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 Suraj Ltd for the Mar '26 is ₹ 3.97 crore as compare to the Dec '25 ebitda of ₹ 5.83 crore. This represent the decline of -31.9% 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 Suraj Ltd changed from ₹ 5.7 crore to ₹ 2.52 crore over 8 quarters. This represents a CAGR of -33.51% 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 Suraj Ltd changed from 13.33 % on March 2024 to 23.52 % on March 2025 . This represents a CAGR of 32.83% over 2 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 Suraj Ltd

  • Suraj Limited was initially incorporated as Suraj Finsec Limited on 20 January, 1994.
  • The name of the Company was changed to Suraj Stainless Limited on December 16, 1999 and again attained its present name to Suraj Limited on June 24, 2011.
  • The Company was promoted by Mr. Ashok T Shah, Mr. Dinesh S Shah and their associates. Company is India's leading Manufacturer of Stainless Steel Seamless Pipes, Tubes and 'U' Tubes, Flanges & Fittings with Electro polishing having plants at Thol and Chandarda, in Mehsana District of Gujarat.
  • Earlier, it engaged into investment, leasing and finance.
  • After amalgamation with Suraj Stainless Limited, the business of the Company was entirely changed into manufacturing Stainless Steel Welded pipes/Tubes. In 2007, the Company established separate manufacturing units like welded pipes/tubes, Seamless Pipes/ tubes.

FAQs for the comparison of Ashoka Metcast Ltd and Suraj Ltd

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

Market cap of Ashoka Metcast Ltd is 38 Cr while Market cap of Suraj Ltd is 422 Cr

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

The stock performance of Ashoka Metcast Ltd and Suraj 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 Suraj Ltd?

As of June 3, 2026, the Ashoka Metcast Ltd stock price is INR ₹15.45. On the other hand, Suraj Ltd stock price is INR ₹230.0.

How do dividend payouts of Ashoka Metcast Ltd and Suraj Ltd compare?

To compare the dividend payouts of Ashoka Metcast Ltd and Suraj 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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