Steel Exchange India Share Price
Start SIP in Steel Exchange India
Start SIPSteel Exchange India Performance
Day Range
- Low 13
- High 14
52 Week Range
- Low 8
- High 18
- Open Price13
- Previous Close13
- Volume1552658
Steel Exchange India Investment Rating
-
Master Rating:
-
Steel Exchange India has an operating revenue of Rs. 1,101.57 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 1% is fair but needs improvement. The company has a debt to equity of 51%, which is bit higher. The stock from a technical standpoint is trading close to its key moving averages, around -0% and 3% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 63 which is a FAIR score but needs to improve its earnings, a RS Rating of 35 which is POOR indicating the underperformance as compared to other stocks, 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 D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, 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 | 264 | 312 | 256 | 269 | 251 | 398 |
| Operating Expenses Qtr Cr | 239 | 281 | 233 | 251 | 231 | 364 |
| Operating Profit Qtr Cr | 25 | 34 | 23 | 19 | 20 | 35 |
| Depreciation Qtr Cr | 6 | 5 | 5 | 5 | 6 | 6 |
| Interest Qtr Cr | 19 | 19 | 19 | 18 | 21 | 42 |
| Tax Qtr Cr | 0 | -10 | 0 | 0 | 0 | 31 |
| Net Profit Qtr Cr | 3 | 20 | 0 | -4 | -5 | -43 |
Steel Exchange India Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹13.50
- 50 Day
- ₹13.56
- 100 Day
- ₹13.57
- 200 Day
- ₹13.42
- 20 Day
- ₹13.63
- 50 Day
- ₹13.56
- 100 Day
- ₹13.57
- 200 Day
- ₹13.49
Steel Exchange India Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 13.52 |
| Second Resistance | 13.74 |
| Third Resistance | 13.85 |
| RSI | 45.74 |
| MFI | 45.08 |
| MACD Single Line | -0.03 |
| MACD | -0.07 |
| Support | |
|---|---|
| First Support | 13.19 |
| Second Support | 13.08 |
| Third Supoort | 12.86 |
Steel Exchange India Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 1,934,405 | 109,313,227 | 56.51 |
| Week | 2,940,231 | 141,748,546 | 48.21 |
| 1 Month | 5,116,608 | 235,466,281 | 46.02 |
| 6 Month | 7,040,800 | 337,958,411 | 48 |
Steel Exchange India Result Highlights
Steel Exchange India Synopsis
NSE-Steel-Producers
Steel Exchangeindia is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 1089.17 Cr. and Equity Capital is Rs. 119.76 Cr. for the Year ended 31/03/2024. Steel Exchange India Ltd. is a Public Limited Listed company incorporated on 24/02/1999 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L74100TG1999PLC031191 and registration number is 031191.| Market Cap | 1,594 |
| Sales | 1,102 |
| Shares in Float | 59.88 |
| No of funds | 16 |
| Yield |
| Book Value | 3.51 |
| U/D Vol ratio | 1.7 |
| LTDebt / Equity | 75 |
| Alpha | -0.03 |
| Beta | 1.67 |
Steel Exchange India Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 49.56% | 55.41% | 55.92% | 55.92% |
| Mutual Funds | ||||
| Foreign Portfolio Investors | 0.69% | 1.47% | 3.87% | 4.01% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 29.37% | 26.76% | 22.78% | 22.59% |
| Others | 20.38% | 16.36% | 17.43% | 17.48% |
Steel Exchange India Management
| Name | Designation |
|---|---|
| Mr. B Satish Kumar | Chairman & Managing Director |
| Mr. B Suresh Kumar | Joint Managing Director |
| Mr. B Ramesh Kumar | Joint Managing Director |
| Mr. V V Krishna Rao | Director |
| Mr. B 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 |
| Mr. Shyam Jagetiya | Nominee Director |
Steel Exchange India Forecast
Price Estimates
Steel Exchange India Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 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/-. |
| 2023-11-14 | Quarterly Results |
| 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 ₹13 As on 18 September, 2024 | 02:26
What is the Market Cap of Steel Exchange India ?
The Market Cap of Steel Exchange India is ₹1594 Cr As on 18 September, 2024 | 02:26
What is the P/E ratio of Steel Exchange India ?
The P/E ratio of Steel Exchange India is 84.4 As on 18 September, 2024 | 02:26
What is the PB ratio of Steel Exchange India ?
The PB ratio of Steel Exchange India is 3.5 As on 18 September, 2024 | 02:26