Ashirwad Steels & Industries Ltd () News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "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": "29.77",
    "chg": 0.33,
    "chgp": "1.12%",
    "dir": 1,
    "prev_price": "29.44",
    "mcapval": "37.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 526847,
    "symbol": "",
    "ind_name": "Iron & Steel Products",
    "ind_code": 23,
    "indexname": "",
    "isin": "INE338C01012",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "1.9 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
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  "news": {
    "results": [
      {
        "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..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3533426",
        "imagepath": "",
        "date": "2025-09-18 22:29:54",
        "description": "As of 18-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.62, which reflects a decrease of 0.37 or 1.19%. The stock has underperformed its sector by 1.59% today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 7.18% during this period. Over the past week, the stock has decreased by 1.23%, while it has shown a modest increase of 4.51% over the past month. However, the long-term outlook remains concerning, with a significant year-to-date decline of 29.41% and a one-year return of -22.66%. The company's weak fundamentals, highlighted by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17, contribute to its negative performance. Additionally, the stock's low return on equity of 1.68% indicates low profitability, further impacting investor sentiment.\n\nIn the broad..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3527740",
        "imagepath": "",
        "date": "2025-09-17 22:18:13",
        "description": "As of 17-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.99, which reflects a decrease of 0.81 or 2.55%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.06% during this period. Additionally, the stock's performance today has underperformed its sector by 2.29%. In terms of returns, the stock has seen a year-to-date decline of 28.56%, while it has gained 5.52% over the past month. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nBroader Market Context: In comparison to the benchmark Sensex, which has increased by 1.56% over the past week, Ashirwad Steels has shown a slight decline of 0.03%. This indicates that while the broader market is experiencing positive momentum..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3521771",
        "imagepath": "",
        "date": "2025-09-16 22:24:51",
        "description": "As of 16-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at Rs 31.80, reflecting a decrease of -1.09 or -3.31%. The stock has been underperforming recently, having fallen consecutively for the last two days, with a total drop of -3.61% during this period. It opened the day with a loss of -2.01% and reached an intraday low of Rs 31.80. Despite a positive performance over the past week and month, with returns of +2.25% and +8.27% respectively, the stock has shown a significant year-to-date decline of -26.69%. The company's weak long-term fundamentals, including a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17, contribute to its current struggles. Additionally, the stock's low return on equity of 1.68% indicates low profitability, further impacting investor sentiment.\n\nIn the broader market context, while the Se..."
      },
      {
        "title": "Why is Ashirwad Steels falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashirwad-steels-fallingrising-3503062",
        "imagepath": "",
        "date": "2025-09-11 22:27:38",
        "description": "As of 11-Sep, Ashirwad Steels & Industries Ltd is currently priced at 31.00, with no change in price, reflecting a 0.00% movement. The stock's performance today is inline with the sector, although it is higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. The delivery volume has decreased by 12.92% against the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a slight increase of 0.03%, while it has performed better than the benchmark Sensex over the past month with a return of 2.62% compared to the Sensex's 1.17%. However, the year-to-date performance shows a significant decline of 28.54% against the Sensex's gain of 4.36%.\n\nIn the broader market context, the stock's short-term return of 0.03% over the past week is notably lower than the Sensex's return of 1.03%, suggesting that while the stock has s..."
      }
    ],
    "total": 95,
    "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

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...

Why is Ashirwad Steels falling/rising?

2025-09-18 22:29:54

As of 18-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.62, which reflects a decrease of 0.37 or 1.19%. The stock has underperformed its sector by 1.59% today and has been on a consecutive downward trend for the last four days, resulting in a total drop of 7.18% during this period. Over the past week, the stock has decreased by 1.23%, while it has shown a modest increase of 4.51% over the past month. However, the long-term outlook remains concerning, with a significant year-to-date decline of 29.41% and a one-year return of -22.66%. The company's weak fundamentals, highlighted by a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17, contribute to its negative performance. Additionally, the stock's low return on equity of 1.68% indicates low profitability, further impacting investor sentiment. In the broad...

Why is Ashirwad Steels falling/rising?

2025-09-17 22:18:13

As of 17-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at 30.99, which reflects a decrease of 0.81 or 2.55%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 6.06% during this period. Additionally, the stock's performance today has underperformed its sector by 2.29%. In terms of returns, the stock has seen a year-to-date decline of 28.56%, while it has gained 5.52% over the past month. However, it is important to note that there is no information available regarding positive or negative factors that could further explain the stock's recent movement. Broader Market Context: In comparison to the benchmark Sensex, which has increased by 1.56% over the past week, Ashirwad Steels has shown a slight decline of 0.03%. This indicates that while the broader market is experiencing positive momentum...

Why is Ashirwad Steels falling/rising?

2025-09-16 22:24:51

As of 16-Sep, Ashirwad Steels & Industries Ltd is experiencing a decline in its stock price, currently at Rs 31.80, reflecting a decrease of -1.09 or -3.31%. The stock has been underperforming recently, having fallen consecutively for the last two days, with a total drop of -3.61% during this period. It opened the day with a loss of -2.01% and reached an intraday low of Rs 31.80. Despite a positive performance over the past week and month, with returns of +2.25% and +8.27% respectively, the stock has shown a significant year-to-date decline of -26.69%. The company's weak long-term fundamentals, including a -24.72% CAGR growth in net sales over the last five years and a poor EBIT to interest ratio of -1.17, contribute to its current struggles. Additionally, the stock's low return on equity of 1.68% indicates low profitability, further impacting investor sentiment. In the broader market context, while the Se...

Why is Ashirwad Steels falling/rising?

2025-09-11 22:27:38

As of 11-Sep, Ashirwad Steels & Industries Ltd is currently priced at 31.00, with no change in price, reflecting a 0.00% movement. The stock's performance today is inline with the sector, although it is higher than the 5-day and 20-day moving averages but lower than the 50-day, 100-day, and 200-day moving averages. The delivery volume has decreased by 12.92% against the 5-day average, indicating falling investor participation. Over the past week, the stock has seen a slight increase of 0.03%, while it has performed better than the benchmark Sensex over the past month with a return of 2.62% compared to the Sensex's 1.17%. However, the year-to-date performance shows a significant decline of 28.54% against the Sensex's gain of 4.36%. In the broader market context, the stock's short-term return of 0.03% over the past week is notably lower than the Sensex's return of 1.03%, suggesting that while the stock has s...

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