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Insufficient data to analyse
Ashirwad Steels & Industries Limited transitioned from manufacturing sponge iron to investing and lending funds. They divested their sponge iron plants and now focus on operating LPG bottling plants in West Bengal and Chattisgarh.
Ashirwad Steels &Ind major competitors are Chennai Ferrous, Abha Power And Steel, Oswal Minerals, Prabhu Steel, K A Wires, Facor Steels, AML Steels.
Market Cap of Ashirwad Steels &Ind is ₹43 Crs.
While the median market cap of its peers are ₹13 Crs.
Ashirwad Steels &Ind seems to be financially stable compared to its competitors.
The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.