Value Pick : Ashiana Ispat Ltd

The company is liquid, with a current ratio of over 4, and has been doing well for a few years now. With a sales drop in FY 15-16, Ashiana Ispat now seems to have turned the tables and has already achieved sales worth Rs 235 Cr in the current financial year.

Listed on the BSE, the stock is currently trading at 28.15 and seems to be a value pick for the near term. Financial metrics and performance metrics of the company reflect sound management policies and strategies which is a key pillar to the growth of a company.

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