Ashoka Refinerie

Who are the peers of the Ashoka Refinerie?

Peers of Ashoka Refinerie include Manorama Industries, CIAN Agro, Modi Naturals, M K Proteins, Raj Oil Mills, Sam Industries, Sagar Soya Products, and N K Industries. Ashoka Refinerie has average management risk, below average growth, and a good capital structure, with a 1-year return of 43.88%.

Peers: The peers of Ashoka Refinerie are Manorama Indust., CIAN Agro, Modi Naturals, M K Proteins, Raj Oil Mills, Sam Industries, Sagar Soya Prod, and N K Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manorama Indust. and M K Proteins, while Average management risk is found at Ashoka Refinerie. Below Average management risk is noted for CIAN Agro, Modi Naturals, and Sam Industries, while Raj Oil Mills, Sagar Soya Prod, and N K Industries do not qualify. In terms of Growth, Excellent growth is seen at Manorama Indust., while Good growth is reported for CIAN Agro and Modi Naturals. Ashoka Refinerie has Below Average growth, and Average growth is noted for M K Proteins. Sam Industries shows Below Average growth as well, while Raj Oil Mills, Sagar Soya Prod, and N K Industries do not qualify. For Capital Structure, Good capital structure is found at Ashoka Refinerie and M K Proteins, Average capital structure is noted for Manorama Indust. and Sam Industries, while the rest do not qualify.<BR><BR>Return Snapshot: CIAN Agro boasts the highest 1-year return at 894.29%, while M K Proteins has the lowest at -35.32%. Ashoka Refinerie's 1-year return stands at 43.88%, which is significantly higher than M K Proteins but lower than CIAN Agro. Additionally, M K Proteins, Raj Oil Mills, and Sam Industries all exhibit negative six-month returns.

What does Ashoka Refinerie do?

Ashoka Refineries Ltd is a micro-cap company in the solvent extraction industry, incorporated in 1991, with recent quarterly results showing net sales and profit of 0 Cr as of September 2024. The company has a market cap of Rs 4 Cr and key metrics include a debt-equity ratio of 0.04 and a return on equity of -1.13%.

Overview:<BR>Ashoka Refineries Ltd operates in the solvent extraction industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was incorporated in October 1991 and became a Public Limited Company in 1994. The latest quarterly results reported net sales and net profit of 0 Cr for September 2024.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 0 Cr (Quarterly Results - Sep 2024) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market-cap value: Rs 4 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 51 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.04 <BR>Return on Equity: -1.13% <BR>Price to Book: 1.66<BR><BR>Contact Details:<BR>Address: 408 Wallfort Ozone Fafadih, Raipur Chhattisgarh: 492001 <BR>Email: arlraipur@yahoo.com <BR>Website: http://www.ashokarefineries.com

how big is Ashoka Refinerie?

As of May 05, Ashoka Refineries Ltd has a market capitalization of 4.00 Cr, with net sales of 1.03 Cr and a net profit of -0.03 Cr over the latest four quarters. Shareholder's funds are 2.73 Cr, and total assets are 2.87 Cr as of March 2024.

Market Cap: As of May 05, Ashoka Refineries Ltd has a market capitalization of 4.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, the sum of Net Sales is 1.03 Cr, while the sum of Net Profit is -0.03 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in March 2024. The Shareholder's Funds are reported at 2.73 Cr, and Total Assets are valued at 2.87 Cr.

When is the next results date for Ashoka Refinerie?

No Upcoming Board Meetings

How has been the historical performance of Ashoka Refinerie?

Ashoka Refinerie's historical performance shows a significant decline in net sales and profitability, with net sales dropping from 2.31 Cr in Mar'22 to 0.31 Cr in Mar'25, and operating profit turning negative, resulting in losses for both profit before and after tax. The earnings per share have also decreased from 0.53 in Mar'22 to -0.50 in Mar'25, indicating a deteriorating financial position.

Answer:<BR>The historical performance of Ashoka Refinerie shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Ashoka Refinerie's net sales have decreased from 2.31 Cr in Mar'22 to just 0.31 Cr in Mar'25, reflecting a significant downward trend. The total operating income followed a similar pattern, dropping from 2.31 Cr in Mar'22 to 0.31 Cr in Mar'25. The company has consistently reported no raw material costs, and while the purchase of finished goods has also decreased from 2.05 Cr in Mar'22 to 0.29 Cr in Mar'25, employee costs have slightly increased from 0.04 Cr in Mar'22 to 0.12 Cr in Mar'25. Operating profit (PBDIT) has turned negative, moving from a profit of 0.18 Cr in Mar'22 to a loss of 0.17 Cr in Mar'25. Consequently, profit before tax and profit after tax have also shown losses in Mar'25, at -0.17 Cr, compared to a profit of 0.19 Cr in Mar'22. The earnings per share (EPS) have declined from 0.53 in Mar'22 to -0.50 in Mar'25, indicating a deteriorating financial position. Overall, the company's performance has been characterized by declining revenues and increasing losses, particularly in the most recent fiscal year.

Should I buy, sell or hold Ashoka Refinerie?

Which are the latest news on Ashoka Refinerie?

Why is Ashoka Refineries Ltd falling/rising?

As of 17-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a positive trend of 4.94% over the past week and month, outperforming the declining benchmark Sensex. However, decreased investor participation and sector challenges warrant caution despite the stock's strong performance metrics.

As of 17-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive trend over the past week and month, with a rise of 4.94% in both periods, while the benchmark Sensex has declined by 2.73% and 8.84%, respectively. This indicates that Ashoka Refineries Ltd is outperforming the market.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5, which suggests a strong performance relative to its recent history. Moreover, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bullish trend in the stock's price movement.<BR><BR>However, there are some concerns regarding investor participation, as the delivery volume has significantly decreased by 90.65% compared to the 5-day average, which may indicate a lack of confidence among investors. Additionally, the sector of Solvent Extraction has experienced a decline of 3.2%, which could impact the stock's performance moving forward.<BR><BR>Overall, while Ashoka Refineries Ltd's stock price remains unchanged at the moment, its recent performance metrics suggest a rising trend, although caution is warranted due to falling investor participation and sector challenges.

Why is Ashoka Refineries Ltd falling/rising?

As of 18-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a recent 4.94% increase over the past week. Despite a slight year-to-date decline of 0.89%, the stock has shown strong long-term growth, outperforming the Sensex over three and five years.

As of 18-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). Over the past week, the stock has experienced a rise of 4.94%, significantly outperforming the Sensex, which has declined by 0.21%. This positive momentum is reflected in the stock's performance over the past month, where it has also increased by 4.94%, while the Sensex has fallen by 8.40%. <BR><BR>Despite this recent upward trend, the year-to-date performance shows a slight decline of 0.89%, compared to a more substantial drop of 9.99% in the Sensex. However, over the past year, Ashoka Refineries Ltd has managed a modest gain of 2.92%, while the Sensex has increased by 1.86%. The stock has shown impressive long-term growth, with a 57.41% increase over three years and a remarkable 149.63% rise over five years, both outperforming the Sensex during the same periods.<BR><BR>Today's trading performance indicates that the stock is close to its 52-week high, being only 0.9% away from Rs 13.5. It has outperformed its sector by 8.11%, although it has faced some challenges, such as erratic trading patterns, with no trades on four out of the last twenty days. Additionally, there has been a significant drop in investor participation, with delivery volume on 09 March falling by 90.65% compared to the five-day average. <BR><BR>Overall, while the stock is currently stable, the recent upward trends in the short term and its strong long-term performance suggest a positive outlook, despite some concerns regarding trading activity and investor participation.

Why is Ashoka Refineries Ltd falling/rising?

As of 19-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a 4.94% increase over the past week and month, outperforming the declining Sensex. However, concerns about erratic trading and a significant drop in delivery volume may indicate reduced investor confidence.

As of 19-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). The stock has demonstrated a positive performance over the past week and month, with a rise of 4.94% in both periods, while the benchmark Sensex has declined by 2.40% and 10.05%, respectively. This indicates that Ashoka Refineries Ltd is outperforming the market.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5, which suggests strong investor interest. Furthermore, it has been trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bullish trend.<BR><BR>However, there are some concerns regarding the stock's trading activity. It has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a significant drop in delivery volume, which fell by 90.65% on 09 March compared to the 5-day average. This decline in investor participation could signal a lack of confidence among traders.<BR><BR>Overall, while the stock has shown positive returns and is performing well against the benchmark, the erratic trading patterns and reduced investor participation may contribute to a cautious outlook.

Why is Ashoka Refineries Ltd falling/rising?

As of 20-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a 4.94% increase over the past week, outperforming the Sensex. Despite being close to its 52-week high, erratic trading and declining investor participation may present challenges ahead.

As of 20-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). Over the past week, the stock has increased by 4.94%, while the benchmark Sensex has slightly decreased by 0.04%. This positive performance over the week indicates a relative strength compared to the broader market.<BR><BR>In the last month, the stock has maintained the same 4.94% increase, contrasting sharply with the Sensex, which has fallen by 10.00%. Year-to-date, however, Ashoka Refineries Ltd is down by 0.89%, while the Sensex has declined by 12.54%, suggesting that the stock has been more resilient than the market overall.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5, and it has outperformed its sector by 8.11% today. Furthermore, it is trading above all its moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which is typically a bullish indicator.<BR><BR>However, there are some negative aspects to consider. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a significant drop in investor participation, with delivery volume on 09 March falling by 90.65% compared to the 5-day average. Additionally, the solvent extraction sector has seen a decline of 3.2%.<BR><BR>Overall, while the stock is currently stable, its recent rise can be attributed to its strong performance relative to the benchmark and sector, as well as its proximity to the 52-week high. However, the erratic trading patterns and declining investor participation could pose challenges moving forward.

Why is Ashoka Refineries Ltd falling/rising?

As of 23-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a 4.94% increase over the past month, outperforming the Sensex. However, erratic trading and a significant drop in delivery volume raise concerns about future performance.

As of 23-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance over the past month, with a rise of 4.94%, while the benchmark Sensex has fallen by 12.72% during the same period. This indicates that Ashoka Refineries Ltd is outperforming the broader market.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5, which suggests a strong position in terms of price performance. Additionally, it is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bullish trend.<BR><BR>However, there are some concerning factors. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, which could indicate a lack of consistent investor interest. Furthermore, there has been a significant decline in delivery volume, with a drop of 95.15% on 16 March compared to the 5-day average, suggesting falling investor participation.<BR><BR>In summary, while Ashoka Refineries Ltd is currently stable in price and has shown positive returns compared to the market, the erratic trading patterns and declining delivery volumes may raise concerns about its future performance.

Why is Ashoka Refineries Ltd falling/rising?

As of 24-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a recent positive performance of 4.94% over the past month, outperforming the Sensex. However, concerns such as erratic trading and declining investor participation may affect future price stability.

As of 24-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). The stock has demonstrated a positive performance over the past month, with a rise of 4.94%, while the benchmark Sensex has fallen by 9.92% during the same period. This indicates that Ashoka Refineries Ltd has outperformed the broader market recently.<BR><BR>Despite this positive trend, the stock's year-to-date performance shows a slight decline of 0.89%, contrasting with the Sensex's more significant drop of 13.09%. Additionally, the stock is close to its 52-week high, being only 0.9% away from Rs 13.5, which suggests that it is maintaining a strong position in the market.<BR><BR>However, there are some concerning factors affecting the stock. The trading activity has been erratic, with the stock not trading on 4 out of the last 20 days. Furthermore, there has been a significant drop in investor participation, with delivery volume on 16 March falling by 95.15% compared to the 5-day average. This decline in trading volume could indicate reduced investor interest, which may impact future price movements.<BR><BR>On the positive side, Ashoka Refineries Ltd is trading above its moving averages across various time frames, indicating a generally upward trend in its price. Nonetheless, the overall sector, solvent extraction, has seen a decline of 4.88%, which could be influencing the stock's performance.<BR><BR>In summary, while Ashoka Refineries Ltd has shown resilience and outperformed the market recently, factors such as erratic trading, declining investor participation, and sector performance may contribute to a cautious outlook on its stock price stability.

Why is Ashoka Refineries Ltd falling/rising?

As of 25-Mar, Ashoka Refineries Ltd's stock price is stable at Rs 13.38, with a 4.94% increase over the past month, outperforming the Sensex. Despite some negative indicators, the stock shows strong performance metrics and is close to its 52-week high.

As of 25-Mar, Ashoka Refineries Ltd's stock price is currently stable at Rs 13.38, showing no change (0.00%). Despite this stability, the stock has demonstrated a positive performance over various time frames compared to the benchmark Sensex. Over the past month, the stock has risen by 4.94%, while the Sensex has fallen by 8.51%. Additionally, over the past year, Ashoka Refineries Ltd has increased by 2.92%, contrasting with the Sensex's decline of 3.52%.<BR><BR>The stock is also close to its 52-week high, being only 0.9% away from Rs 13.5. Furthermore, it has outperformed its sector by 4.96% today, indicating relative strength in its performance. The stock is trading above its moving averages across multiple periods, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bullish trend.<BR><BR>However, there are some negative indicators as well. The stock has experienced erratic trading, not trading on 4 out of the last 20 days, and there has been a significant drop in investor participation, with delivery volume falling by 95.15% against the 5-day average. Despite these concerns, the overall performance metrics suggest that Ashoka Refineries Ltd is maintaining a relatively strong position in the market, contributing to its stable price.