ASHOKAMET.NS Stock Analysis
AS
Neutral
Based on Eyestock quantitative analysis, ASHOKAMET.NS`s fundamental data and valuation indicate an investment grade of Neutral at the current time.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Overvalued
Ashoka Metcast Ltd. is a holding company, which engages in the manufacturing and trading of structural steel products. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-02-05. The firm is primarily engaged in the trading of steel and other trading activities. The firm is involved in trading and manufacturing of structural steel products, such as thermo-mechanically treated (TMT) bars, angles, channels and mild steel (MS) bars. Its steel products include a round bar, flat bar, and others. TMT bars are used for building homes, multistoried high rises, bridges, flyovers and other civil engineering structures. Angle bars are steel bars that are used as support for corners and outer rims that are used for various walls and surfaces. MS Bars are used for tensile stress of Reinforced cement concrete (RCC) slab beams and others in reinforced cement concrete work. Steel channels are used as supports and guide rails and offer various channel categories, including J channels, Hat channels, U channels and hemmed channels. The Company’s subsidiary is Rhetan TMT Limited.