Steel Exchange India Share Price
Start SIP in Steel Exchange India
Start SIPSteel Exchange India Performance
Day Range
- Low 11
- High 11
52 Week Range
- Low 8
- High 18
- Open Price11
- Previous Close11
- Volume592218
Steel Exchange India Investment Rating
-
Master Rating:
-
Steel Exchange India Ltd. manufactures and trades steel products, including TMT bars, billets, and wire rods. The company serves construction and infrastructure industries, providing high-quality steel solutions across India and international markets. Steel Exchange India has an operating revenue of Rs. 1,092.70 Cr. on a trailing 12-month basis. An annual revenue de-growth of -22% needs improvement, Pre-tax margin of 0% needs improvement, ROE of 2% is fair but needs improvement. The company has a debt to equity of 75%, which is bit higher. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 64 which is a FAIR score but needs to improve its earnings, a RS Rating of 18 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 109 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 261 | 264 | 312 | 256 | 269 | 251 | 398 |
| Operating Expenses Qtr Cr | 234 | 239 | 281 | 233 | 251 | 231 | 364 |
| Operating Profit Qtr Cr | 26 | 25 | 34 | 23 | 19 | 20 | 35 |
| Depreciation Qtr Cr | 6 | 6 | 5 | 5 | 5 | 6 | 6 |
| Interest Qtr Cr | 18 | 19 | 19 | 19 | 18 | 21 | 42 |
| Tax Qtr Cr | 0 | 0 | -10 | 0 | 0 | 0 | 31 |
| Net Profit Qtr Cr | 3 | 3 | 20 | 0 | -4 | -5 | -43 |
Steel Exchange India Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 3
- Bearish Moving Average
- ___
- 13
- 20 Day
- ₹11.67
- 50 Day
- ₹12.32
- 100 Day
- ₹12.80
- 200 Day
- ₹13.03
- 20 Day
- ₹11.67
- 50 Day
- ₹12.63
- 100 Day
- ₹13.16
- 200 Day
- ₹13.70
Steel Exchange India Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 11.75 |
| Second Resistance | 12.25 |
| Third Resistance | 12.53 |
| RSI | 41.64 |
| MFI | 50.27 |
| MACD Single Line | -0.42 |
| MACD | -0.39 |
| Support | |
|---|---|
| First Support | 10.97 |
| Second Support | 10.69 |
| Third Supoort | 10.19 |
Steel Exchange India Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,690,835 | 94,872,752 | 56.11 |
| Week | 1,351,912 | 74,747,192 | 55.29 |
| 1 Month | 2,741,848 | 124,233,118 | 45.31 |
| 6 Month | 6,223,375 | 299,531,049 | 48.13 |
Steel Exchange India Result Highlights
Steel Exchange India Synopsis
NSE-Steel-Producers
Steel Exchange India Ltd. is a key player in the steel industry, specializing in the production and trading of a wide range of steel products, such as TMT bars, billets, wire rods, and structural steel. The company operates advanced manufacturing facilities, ensuring high standards of quality and efficiency in its production processes. Steel Exchange India serves the construction, infrastructure, and engineering sectors, supplying durable steel materials for various projects. With a strong distribution network across India and a growing presence in international markets, the company is committed to delivering innovative and reliable steel solutions that meet the evolving needs of the industry.| Market Cap | 1,376 |
| Sales | 1,093 |
| Shares in Float | 56.29 |
| No of funds | 19 |
| Yield |
| Book Value | 3.03 |
| U/D Vol ratio | 1.2 |
| LTDebt / Equity | 75 |
| Alpha | 0.01 |
| Beta | 1.56 |
Steel Exchange India Shareholding Pattern
| Owner Name | Sep-24 | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|---|
| Promoters | 52.9% | 49.56% | 55.41% | 55.92% |
| Mutual Funds | ||||
| Foreign Portfolio Investors | 0.69% | 0.69% | 1.47% | 3.87% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 30.65% | 29.37% | 26.76% | 22.78% |
| Others | 15.76% | 20.38% | 16.36% | 17.43% |
Steel Exchange India Management
| Name | Designation |
|---|---|
| Mr. B Satish Kumar | Chairman & Managing Director |
| Mr. Bandi Suresh Kumar | Joint Managing Director |
| Mr. Mohit Sai Kumar Bandi | Whole Time Director |
| Mr. V V Krishna Rao | Director |
| Mr. Bavineni Suresh | Director |
| Mr. Y Siva Sagar Rao | Independent Director |
| Mr. Veera Brahma Rao Arekapudi | Independent Director |
| Mr. K Krishna Rao | Independent Director |
| Ms. Sujata Chattopadhyay | Independent Director |
| Mr. R Ramachandra Rao | Independent Director |
| Mr. C Siva Prasad | Independent Director |
| Mrs. Bhagyam Ramani | Independent Director |
| Mr. Ram Mohan Nagoji | Nominee Director |
Steel Exchange India Forecast
Price Estimates
Steel Exchange India Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-10-17 | Quarterly Results | |
| 2024-07-31 | Quarterly Results | |
| 2024-05-03 | Audited Results | |
| 2024-02-14 | Quarterly Results & Rights issue | |
| 2023-11-18 | Preferential Issue of shares | Inter alia, To consider and approve the proposal for raising funds, by issue of equity / all types of debentures /warrants / any other equity linked securities through permissible modes. split from Rs. 10/- to Re. 1/-. |
| Date | Purpose | Remarks |
|---|---|---|
| 2022-07-13 | Split | Rs.0.00 split from Rs. 10/- to Re. 1/-. |
Steel Exchange India FAQs
What is Share Price of Steel Exchange India ?
Steel Exchange India share price is ₹11 As on 05 November, 2024 | 10:55
What is the Market Cap of Steel Exchange India ?
The Market Cap of Steel Exchange India is ₹1356.9 Cr As on 05 November, 2024 | 10:55
What is the P/E ratio of Steel Exchange India ?
The P/E ratio of Steel Exchange India is 53.7 As on 05 November, 2024 | 10:55
What is the PB ratio of Steel Exchange India ?
The PB ratio of Steel Exchange India is 3 As on 05 November, 2024 | 10:55
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