Ashirwad Steels

Market Cap: Micro Cap
Industry: Iron & Steel Products
ISIN: INE338C01012
NSEID:
BSEID: 526847

INR

28.00

-0.79 (-2.74%)

BSENSE

Dec 16

BSE+NSE Vol: 631

{
  "main_header": {
    "sid": 928173,
    "name": "Ashirwad Steels",
    "stock_name": "Ashirwad Steels",
    "full_name": "Ashirwad Steels & Industries Ltd",
    "name_url": "stocks-analysis/ashirwad-steels",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "28.00",
    "chg": -0.79,
    "chgp": "-2.74%",
    "dir": -1,
    "prev_price": "28.79",
    "mcapval": "36.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526847,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE338C01012",
    "curr_date": "Dec 16",
    "curr_time": "",
    "bse_nse_vol": "631 ",
    "exc_status": "Active",
    "traded_date": "Dec 16, 2025",
    "traded_date_str": "2025 12 16",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/ashirwad-steels-928173-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Ashirwad Steels & Industries Falls to 52-Week Low of Rs.27.03 Amidst Market Pressure",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ashirwad-steels-industries-falls-to-52-week-low-amidst-weak-financial-metrics-3756346",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/AshirwadSteelsI_priceRelatedfactors_3756346.png",
        "date": "2025-12-11 10:05:38",
        "description": "Ashirwad Steels & Industries has reached a new 52-week low of Rs.27.03, marking a significant decline in its stock price amid broader market fluctuations and sectoral pressures. The stock's performance contrasts sharply with the broader market indices and highlights ongoing concerns within the company’s financial metrics."
      },
      {
        "title": "Ashirwad Steels & Industries Falls to 52-Week Low of Rs.28.02",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/ashirwad-steels-industries-falls-to-52-week-low-amidst-continued-underperformance-3753963",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/AshirwadSteelsI_priceRelatedfactors_3753963.png",
        "date": "2025-12-09 13:38:49",
        "description": "Ashirwad Steels & Industries has reached a new 52-week low of Rs.28.02, marking a significant price level for the iron and steel products company amid a challenging market environment and subdued financial performance over the past year."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3752345",
        "imagepath": "",
        "date": "2025-12-09 00:55:47",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Current Price Movement and Short-Term Trends</strong></p>\n<p>On 08 December, Ashirwad Steels closed at ₹29.64, registering a slight increase of ₹0.01 or 0.03%. This modest uptick follows two consecutive days of gains, during which the stock appreciated by approximately 0.68%. Notably, the stock outperformed its sector peers on the day, rising 2.18% relative to the Steel/Sponge Iron/Pig Iron sector, which declined by 2.21%. This divergence suggests selective investor interest in Ashirwad Steels despite the sector’s broader downward pressure.</p>\n<p><strong>Position Relative to Moving Averages and Price Levels</strong></p>\n<p>Despite the recent gains, Ashirwad Steels remains trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technica..."
      },
      {
        "title": "Ashirwad Steels Sees Revision in Market Assessment Amidst Challenging Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/ashirwad-steels-downgraded-to-strong-sell-amid-weak-fundamentals-and-bearish-technicals-3750147",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/AshirwadSteels_mojoScore_3750147.png",
        "date": "2025-12-07 10:10:12",
        "description": "Ashirwad Steels has experienced a revision in its market evaluation reflecting ongoing challenges in its financial and technical outlook. The recent assessment highlights shifts across key parameters including quality, valuation, financial trends, and technical indicators, underscoring the company's current position within the Iron & Steel Products sector."
      },
      {
        "title": "How has been the historical performance of Ashirwad Steels?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-ashirwad-steels-3677227",
        "imagepath": "",
        "date": "2025-11-06 22:58:11",
        "description": "Answer:\nThe historical performance of Ashirwad Steels shows significant fluctuations in key financial metrics over the years.\n\nBreakdown:\nAshirwad Steels' net sales have varied, peaking at 8.18 Cr in Mar'20 and declining to 1.80 Cr by Mar'25. Total operating income followed a similar trend, with a high of 8.18 Cr in Mar'20 and a decrease to 1.80 Cr in Mar'25. The company experienced substantial losses in operating profit, reaching a low of -6.06 Cr in Mar'20, but improved to a profit of 3.17 Cr by Mar'25. Profit before tax also showed volatility, with a peak of 18.66 Cr in Mar'23 and a drop to 3.10 Cr in Mar'25. Profit after tax mirrored this trend, decreasing from 16.77 Cr in Mar'23 to 2.30 Cr in Mar'25. The company's total assets increased from 58.77 Cr in Mar'20 to 82.95 Cr in Mar'25, while total liabilities rose from 58.77 Cr to 82.95 Cr in the same period. Cash flow from operating activities fluctuated..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3567328",
        "imagepath": "",
        "date": "2025-09-24 22:32:40",
        "description": "As of 24-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.46, reflecting a decrease of 0.52, or 1.68%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 4.21% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. While the stock has shown a positive return of 2.56% over the past month, it has significantly underperformed on a year-to-date basis, with a decline of 29.78%. There is a notable increase in investor participation, with delivery volume rising by 93.58% compared to the 5-day average, indicating some interest despite the recent price drop.\n\nBroader market context shows that Ashirwad Steels has underperformed the benchmark Sensex in the short term, with a 1-week return of -1.71% compared to t..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3561383",
        "imagepath": "",
        "date": "2025-09-23 22:43:14",
        "description": "As of 23-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 31.00, reflecting a decrease of -0.26 or -0.83%. The stock has underperformed its sector today by -2.12% and has been on a consecutive downward trend for the last two days, resulting in a total decline of -2.52% over that period. In terms of longer-term performance, the stock has generated a return of -19.17% over the past year and has shown weak long-term fundamental strength, with a -24.72% CAGR growth in net sales over the last five years. Additionally, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -1.17 and a low return on equity of 1.68%, which signifies low profitability per unit of shareholders' funds.\n\nIn the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by -2.52% over the pa..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3554398",
        "imagepath": "",
        "date": "2025-09-22 22:31:56",
        "description": "As of 22-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at Rs 30.70, reflecting a decrease of Rs 1.1 or 3.46%. The stock has underperformed its sector by 3.09% today, reaching an intraday low of Rs 30.46, which is a drop of 4.21%. Over the past week, the stock has seen a significant decline of 6.66%, while its performance over the last month shows a modest increase of 3.37%. However, the year-to-date return is notably poor at -29.23%. The company has weak long-term fundamentals, evidenced by a -24.72% CAGR growth in net sales over the last five years and an average return on equity of only 1.68%, indicating low profitability. Additionally, the stock's valuation appears expensive with a price-to-book value of 0.5, and its ability to service debt is weak, as shown by a poor EBIT to interest ratio of -1.17.\n\nIn the broader market context, the stock's recent perfor..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3539133",
        "imagepath": "",
        "date": "2025-09-19 22:27:35",
        "description": "As of 19-Sep, Ashirwad Steels & Industries Ltd is experiencing a price increase, currently at Rs 31.80, reflecting a rise of Rs 1.18 or 3.85%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and reached an intraday high of Rs 32.48, which is a 6.07% increase. However, despite this positive movement today, the stock has underperformed in the short term with a 1-week return of -3.61% compared to the Sensex's +0.88%. Over the past year, the stock has generated a return of -18.27%, indicating a significant decline in value, while its long-term fundamentals remain weak, evidenced by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17.\n\nIn the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed its sector by 3.65% today, but still lags behind the Sensex over the longer t..."
      }
    ],
    "total": 98,
    "sid": "928173",
    "stock_news_url": "https://www.marketsmojo.com/news/ashirwad-steels-industries-928173"
  },
  "announcements": [
    {
      "caption": "Results - Financial For The Quarter Ended 30Th September 2025",
      "datetime": "06-Nov-2025",
      "details": "Results - Financial for the quarter ended 30th September 2025 along with limited review report from the auditors",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for Intimation Of Board Meeting On 06Th November 2025 Thursday",
      "datetime": "22-Oct-2025",
      "details": "Ashirwad Steels & Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2025 inter alia to consider and approve Intimation of Board Meeting on 06th November 2025 Thursday for considering and approving un audited quarterly results for the quarter ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "09-Oct-2025",
      "details": "Compliances- Certificate under REgulation 74(5) of SEBI (DP ) regulations 2018 for the quarter ended september 2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Ashirwad Steels & Industries Falls to 52-Week Low of Rs.27.03 Amidst Market Pressure

2025-12-11 10:05:38

Ashirwad Steels & Industries has reached a new 52-week low of Rs.27.03, marking a significant decline in its stock price amid broader market fluctuations and sectoral pressures. The stock's performance contrasts sharply with the broader market indices and highlights ongoing concerns within the company’s financial metrics.

Ashirwad Steels & Industries Falls to 52-Week Low of Rs.28.02

2025-12-09 13:38:49

Ashirwad Steels & Industries has reached a new 52-week low of Rs.28.02, marking a significant price level for the iron and steel products company amid a challenging market environment and subdued financial performance over the past year.

Why is Ashirwad Steels falling/rising?

2025-12-09 00:55:47

Current Price Movement and Short-Term Trends

On 08 December, Ashirwad Steels closed at ₹29.64, registering a slight increase of ₹0.01 or 0.03%. This modest uptick follows two consecutive days of gains, during which the stock appreciated by approximately 0.68%. Notably, the stock outperformed its sector peers on the day, rising 2.18% relative to the Steel/Sponge Iron/Pig Iron sector, which declined by 2.21%. This divergence suggests selective investor interest in Ashirwad Steels despite the sector’s broader downward pressure.

Position Relative to Moving Averages and Price Levels

Despite the recent gains, Ashirwad Steels remains trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technica...

Ashirwad Steels Sees Revision in Market Assessment Amidst Challenging Fundamentals

2025-12-07 10:10:12

Ashirwad Steels has experienced a revision in its market evaluation reflecting ongoing challenges in its financial and technical outlook. The recent assessment highlights shifts across key parameters including quality, valuation, financial trends, and technical indicators, underscoring the company's current position within the Iron & Steel Products sector.

How has been the historical performance of Ashirwad Steels?

2025-11-06 22:58:11

Answer: The historical performance of Ashirwad Steels shows significant fluctuations in key financial metrics over the years. Breakdown: Ashirwad Steels' net sales have varied, peaking at 8.18 Cr in Mar'20 and declining to 1.80 Cr by Mar'25. Total operating income followed a similar trend, with a high of 8.18 Cr in Mar'20 and a decrease to 1.80 Cr in Mar'25. The company experienced substantial losses in operating profit, reaching a low of -6.06 Cr in Mar'20, but improved to a profit of 3.17 Cr by Mar'25. Profit before tax also showed volatility, with a peak of 18.66 Cr in Mar'23 and a drop to 3.10 Cr in Mar'25. Profit after tax mirrored this trend, decreasing from 16.77 Cr in Mar'23 to 2.30 Cr in Mar'25. The company's total assets increased from 58.77 Cr in Mar'20 to 82.95 Cr in Mar'25, while total liabilities rose from 58.77 Cr to 82.95 Cr in the same period. Cash flow from operating activities fluctuated...

Why is Ashirwad Steels falling/rising?

2025-09-24 22:32:40

As of 24-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.46, reflecting a decrease of 0.52, or 1.68%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total drop of 4.21% during this period. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. While the stock has shown a positive return of 2.56% over the past month, it has significantly underperformed on a year-to-date basis, with a decline of 29.78%. There is a notable increase in investor participation, with delivery volume rising by 93.58% compared to the 5-day average, indicating some interest despite the recent price drop. Broader market context shows that Ashirwad Steels has underperformed the benchmark Sensex in the short term, with a 1-week return of -1.71% compared to t...

Why is Ashirwad Steels falling/rising?

2025-09-23 22:43:14

As of 23-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 31.00, reflecting a decrease of -0.26 or -0.83%. The stock has underperformed its sector today by -2.12% and has been on a consecutive downward trend for the last two days, resulting in a total decline of -2.52% over that period. In terms of longer-term performance, the stock has generated a return of -19.17% over the past year and has shown weak long-term fundamental strength, with a -24.72% CAGR growth in net sales over the last five years. Additionally, the company's ability to service its debt is concerning, as indicated by a poor EBIT to Interest ratio of -1.17 and a low return on equity of 1.68%, which signifies low profitability per unit of shareholders' funds. In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined by -2.52% over the pa...

Why is Ashirwad Steels falling/rising?

2025-09-22 22:31:56

As of 22-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at Rs 30.70, reflecting a decrease of Rs 1.1 or 3.46%. The stock has underperformed its sector by 3.09% today, reaching an intraday low of Rs 30.46, which is a drop of 4.21%. Over the past week, the stock has seen a significant decline of 6.66%, while its performance over the last month shows a modest increase of 3.37%. However, the year-to-date return is notably poor at -29.23%. The company has weak long-term fundamentals, evidenced by a -24.72% CAGR growth in net sales over the last five years and an average return on equity of only 1.68%, indicating low profitability. Additionally, the stock's valuation appears expensive with a price-to-book value of 0.5, and its ability to service debt is weak, as shown by a poor EBIT to interest ratio of -1.17. In the broader market context, the stock's recent perfor...

Why is Ashirwad Steels falling/rising?

2025-09-19 22:27:35

As of 19-Sep, Ashirwad Steels & Industries Ltd is experiencing a price increase, currently at Rs 31.80, reflecting a rise of Rs 1.18 or 3.85%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and reached an intraday high of Rs 32.48, which is a 6.07% increase. However, despite this positive movement today, the stock has underperformed in the short term with a 1-week return of -3.61% compared to the Sensex's +0.88%. Over the past year, the stock has generated a return of -18.27%, indicating a significant decline in value, while its long-term fundamentals remain weak, evidenced by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17. In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed its sector by 3.65% today, but still lags behind the Sensex over the longer t...

View All News

Announcement

Results - Financial For The Quarter Ended 30Th September 2025

06-Nov-2025 | Source : BSE

Results - Financial for the quarter ended 30th September 2025 along with limited review report from the auditors

Board Meeting Intimation for Intimation Of Board Meeting On 06Th November 2025 Thursday

22-Oct-2025 | Source : BSE

Ashirwad Steels & Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2025 inter alia to consider and approve Intimation of Board Meeting on 06th November 2025 Thursday for considering and approving un audited quarterly results for the quarter ended 30th September 2025