Ashiana Ispat standalone net profit rises 333.33% in the December 2022 quarter

Ashiana Ispat standalone net profit rises 155.56% in the June 2021 quarter

Ashiana Ispat reports standalone net profit of Rs 0.33 crore in the March 2021 quarter

Ashiana Ispat reports standalone net profit of Rs 0.49 crore in the December 2020 quarter

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ashiana Ispat is engaged in the steel business. It is engaged in manufacturing thermo mechanically treated (TMT) bars and ingots. It is engaged in steel manufacturing for domestic construction, engineering, automotive and infrastructure sectors