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Ashirwad Steels & Industries Ltd Fundamentals

Market Cap
₹ 66.08 Cr
P/E Ratio (TTM)
29.37
P/B Ratio
0.82
Debt to Equity
0.00
ROE
4.09
EPS (TTM)
1.80
Dividend Yield
0.00 %
Book Value
64.68

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Ashirwad Steels & Industries Ltd Financials

Ashirwad Steels & Industries Ltd Financials

Ashirwad Steels & Industries Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 69.06 % 69.06 % 69.06 % 69.06 %
Retail 16.91 % 16.57 % 16.01 % 16.03 %
Others 13.96 % 14.30 % 14.86 % 14.84 %
Mutual Funds 0.07 % 0.07 % 0.07 % 0.07 %
FII 0.00 % 0.00 % 0.00 % 0.00 %

Promoters

69.06%

Retail

16.91%

Others

13.96%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.06%

Retail

16.57%

Others

14.30%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.06%

Retail

16.01%

Others

14.86%

Mutual Funds

0.07%

FII

0.00%

Promoters

69.06%

Retail

16.03%

Others

14.84%

Mutual Funds

0.07%

FII

0.00%

Resistance and Support

₹51.40

PIVOT

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Resistance
First Resistance₹52.587
Second Resistance₹54.173
Third Resistance₹55.357
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Support
First Support₹49.817
Second Support₹48.633
Third Support₹47.047

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day10,42310,423100.00
Week10,42317,3680.00
1 Month10,42322,3960.00
6 Months1,704,1721,240,23286.35

About Ashirwad Steels & Industries Ltd

Ashirwad Steels & Industries Limited is an India-based company. The Companys principal product is sponge iron, which is manufactured at its plants located at Jamshedpur, and at District Nalgonda, Andhra Pradesh. The Company operates in two segments: sponge iron and gas. The Companys products include sponge iron and hydrocarbon gas/liquefied petroleum (LP) gas. The Companys LPG bottling plants are located at Howrah, West Bengal and Kisnapur in Chhattisgarh. Ashirwad Steels and Industries was incorporated in 1986 and its headquarter is situated at Kolkata. During the fiscal year ended March 31, 2010 (fiscal 2010), the Company produced 33,141metric tons of sponge iron. As of March 31, 2010, the Company had installed capacity to produce 96,000 metric tons of sponge iron. M/s Chandil Industries Private Ltd, ceased to be an associate / group company during the FY: 2015-16. During the current F.Y. 2018-19; the Board took necessary authorities, powers and consent from the Shareholders/ Members to dispose off the Company's manufacturing units/undertakings being the Sponge Iron Plant located at Dist. Nalgonda, Telengana, LPG Bottling Plant located at Uluberia, West Bengal and also LPG Bottling Plant located at Raigarh, Chhattisgarh. Subsequently, the Company sold off it's Sponge Iron Plant to M/s. MPL Steel Industries Pvt. Ltd. by way of slump sale on a going concern basis for a consideration value of Rs 18 Crores on 22 November, 2018, a Business Transfer Agreement with the said Buyer Company and the said transaction was completed on 21 January, 2019.

Managing Director

1986

Founded

Dalbir Chhibbar

NSE Symbol

NA

Ashirwad Steels & Industries Ltd Management

NameDesignation
Dalbir ChhibbarManaging Director
Sushma ChhibbarNon Executive Director
Vishesh ChhibbarExecutive Director
Sonal AgarwalCompany Sec. & Compli. Officer
Pravin Kumar ChhabraNon-Exec. & Independent Dir.

Ashirwad Steels & Industries Ltd News

Ashirwad Steels & Industries standalone net profit rises 63.64% in the March 2024 quarter
Sales rise 168.75% to Rs 0.86 crore
Ashirwad Steels & Industries announces board meeting date
On 7 May 2024
Ashirwad Steels & Industries to table results
On 15 April 2024
Ashirwad Steels & Industries standalone net profit rises 185.00% in the December 2023 quarter
Sales reported at Rs 0.34 crore
Ashirwad Steels & Industries to hold board meeting
On 9 February 2024
Ashirwad Steels & Industries standalone net profit declines 96.73% in the September 2023 quarter
Sales rise 130.00% to Rs 0.23 crore
Ashirwad Steels & Industries to convene board meeting
On 7 November 2023
Ashirwad Steels & Industries standalone net profit declines 59.46% in the June 2023 quarter
Sales decline 48.28% to Rs 0.15 crore
Ashirwad Steels & Industries to hold board meeting
On 2 August 2023
Ashirwad Steels & Industries schedules AGM
On 12 June 2023

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Ashirwad Steels & Industries Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Ashirwad Steels & Industries Ltd shares in BlinkX

Ashirwad Steels & Industries Ltd's P/E ratio is 29.37 times as of May 28, 2024 at 03:52 PM.

Ashirwad Steels & Industries Ltd's most recent financial reports indicate a price-to-book ratio of 0.82, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Ashirwad Steels & Industries Ltd's market is 66 Cr as on May 28, 2024 at 03:52 PM.

The current financial records of Ashirwad Steels & Industries Ltd show a 4.09% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Ashirwad Steels & Industries Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

As of the Mar 2024 quarter, the promoter shareholding in Ashirwad Steels & Industries Ltd stands at 69.06%. During the same period, Institutional Investors have shown a slight values are equal in their holdings, values are equal from 0.00% to 0.00%.