Shah Alloys Share Price
Start SIP in Shah Alloys
Start SIPShah Alloys Performance
Day Range
- Low 78
- High 83
52 Week Range
- Low 50
- High 94
- Open Price83
- Previous Close82
- Volume37112
Shah Alloys Investment Rating
-
Master Rating:
-
Shah Alloys has an operating revenue of Rs. 569.50 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of -3% needs improvement, ROE of -165% is poor and needs improvement. The company has a reasonable debt to equity of 33%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 19% and 23% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -6% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 32 which is a POOR score indicating inconsistency in earnings, a RS Rating of 61 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 133 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 119 | 128 | 143 | 180 | 142 | 152 |
| Operating Expenses Qtr Cr | 125 | 137 | 152 | 177 | 156 | 163 |
| Operating Profit Qtr Cr | -7 | -8 | -9 | 3 | -14 | -11 |
| Depreciation Qtr Cr | 2 | 2 | 2 | 2 | 2 | 2 |
| Interest Qtr Cr | 1 | 1 | 1 | 1 | 1 | 1 |
| Tax Qtr Cr | -2 | 2 | -3 | 0 | 0 | -2 |
| Net Profit Qtr Cr | -8 | -8 | 1 | 2 | 7 | -11 |
Shah Alloys Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 10
- Bearish Moving Average
- ___
- 6
- 20 Day
- ₹77.61
- 50 Day
- ₹71.94
- 100 Day
- ₹68.18
- 200 Day
- ₹65.19
- 20 Day
- ₹79.85
- 50 Day
- ₹68.92
- 100 Day
- ₹65.62
- 200 Day
- ₹66.24
Shah Alloys Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 81.95 |
| Second Resistance | 84.98 |
| Third Resistance | 86.95 |
| RSI | 55.01 |
| MFI | 58.98 |
| MACD Single Line | 3.70 |
| MACD | 3.28 |
| Support | |
|---|---|
| First Support | 76.95 |
| Second Support | 74.98 |
| Third Supoort | 71.95 |
Shah Alloys Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 39,452 | 2,092,534 | 53.04 |
| Week | 77,440 | 4,397,032 | 56.78 |
| 1 Month | 180,313 | 7,070,085 | 39.21 |
| 6 Month | 63,966 | 3,136,871 | 49.04 |
Shah Alloys Result Highlights
Shah Alloys Synopsis
NSE-Steel-Producers
Shah Alloys is involved in the business activities of Manufacture of steel in ingots or other primary forms, and other semi- finished products of steel. Company’s Total Operating Revenue is Rs. 613.24 Cr. and Equity Capital is Rs. 19.80 Cr. for the Year ended 31/03/2024. Shah Alloys Ltd. is a Public Limited Listed company incorporated on 23/11/1990 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27100GJ1990PLC014698 and registration number is 014698.| Market Cap | 162 |
| Sales | 570 |
| Shares in Float | 0.91 |
| No of funds | |
| Yield |
| Book Value | 2.43 |
| U/D Vol ratio | 3.2 |
| LTDebt / Equity | 6 |
| Alpha | 0.08 |
| Beta | 0.89 |
Shah Alloys Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 53.78% | 53.78% | 53.78% | 53.77% |
| Foreign Portfolio Investors | 0.01% | |||
| Individual Investors | 37.85% | 37.74% | 37.39% | 37.99% |
| Others | 8.37% | 8.48% | 8.83% | 8.23% |
Shah Alloys Management
| Name | Designation |
|---|---|
| Mr. Rajendra V Shah | Non Executive Chairman |
| Mr. Mrinal Sinha | Whole Time Director |
| Mr. Ashok A Sharma | Whole Time Director |
| Mr. G M Shaikh | Independent Director |
| Mr. Tejpal S Shah | Independent Director |
| Mr. Harshad M Shah | Independent Director |
| Mrs. Shefali M Patel | Independent Director |
| Mr. Prakash Patel | Whole Time Director |
Shah Alloys Forecast
Price Estimates
Shah Alloys Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-09 | Quarterly Results | |
| 2024-05-30 | Quarterly Results | (Revised) |
| 2024-02-08 | Quarterly Results | |
| 2023-11-04 | Quarterly Results | |
| 2023-08-10 | Quarterly Results |
Shah Alloys FAQs
What is Share Price of Shah Alloys ?
Shah Alloys share price is ₹78 As on 18 September, 2024 | 02:30
What is the Market Cap of Shah Alloys ?
The Market Cap of Shah Alloys is ₹156.3 Cr As on 18 September, 2024 | 02:30
What is the P/E ratio of Shah Alloys ?
The P/E ratio of Shah Alloys is -6 As on 18 September, 2024 | 02:30
What is the PB ratio of Shah Alloys ?
The PB ratio of Shah Alloys is 13.9 As on 18 September, 2024 | 02:30