VSSL

Vardhman Special Steels Share Price

₹287.1
+ 5.9 (2.1%)
18 September, 2024 02:43 BSE: 534392 NSE: VSSL ISIN: INE050M01012

Start SIP in Vardhman Special Steels

Start SIP

Vardhman Special Steels Performance

Day Range

  • Low 280
  • High 289
₹ 287

52 Week Range

  • Low 185
  • High 343
₹ 287
  • Open Price281
  • Previous Close281
  • Volume91453

Vardhman Special Steels Chart

  • Over 1 Month + 14%
  • Over 3 Month -2.88%
  • Over 6 Month + 42.38%
  • Over 1 Year + 35.52%

Vardhman Special Steels Key Statistics

P/E Ratio 23.6
PEG Ratio 2
Market Cap Cr
Price to Book Ratio 3.3
EPS 11
Dividend 0.7
Relative Strength Index 55.88
Money Flow Index 43.44
MACD Signal 0.51
Average True Range 9.1

Vardhman Special Steels Investment Rating

  • Master Rating:
  • Vardhman Special Steels has an operating revenue of Rs. 1,666.78 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 7% is okay, ROE of 12% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 10% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 46 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 C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vardhman Special Steels Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 415439397415409422
Operating Expenses Qtr Cr 372391364384380398
Operating Profit Qtr Cr 424933312924
Depreciation Qtr Cr 897777
Interest Qtr Cr 555545
Tax Qtr Cr 9117664
Net Profit Qtr Cr 263322181914
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 1,6911,774
Operating Expenses Annual Cr 1,5191,594
Operating Profit Annual in Cr 142141
Depreciation Cr 3128
Interest Annual Cr 1818
Tax Annual Cr 3134
Net Profit Annual Cr 92100
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 14274
Cash from Investing Activity Annual Cr -50-15
Cash from Financing Annual Activity Cr -94-49
Net Cash Flow Annual Cr -29
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 719642
Fixed Assets Annual Cr 326306
Total Non Current Assets Annual Cr 365332
Total Current Assets Annual Cr 674699
Total Assets Annual Cr 1,0401,031
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 88158
ROE Annual % 1316
ROCE Annual % 1921
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1010
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Vardhman Special Steels Technicals

EMA & SMA

Current Price
₹287.1
+ 5.9 (2.1%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹281.40
  • 50 Day
  • ₹282.61
  • 100 Day
  • ₹278.16
  • 200 Day
  • ₹260.39
  • 20 Day
  • ₹281.62
  • 50 Day
  • ₹282.89
  • 100 Day
  • ₹293.19
  • 200 Day
  • ₹255.48

Vardhman Special Steels Resistance and Support

PIVOT
₹285.17
Resistance
First Resistance 290.43
Second Resistance 293.77
Third Resistance 299.03
RSI 55.88
MFI 43.44
MACD Single Line 0.51
MACD 1.27
Support
First Support 281.83
Second Support 276.57
Third Supoort 273.23

Vardhman Special Steels Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 100,842 3,849,139 38.17
Week 57,605 2,739,108 47.55
1 Month 121,740 5,948,223 48.86
6 Month 200,022 8,434,947 42.17

Vardhman Special Steels Result Highlights

Vardhman Special Steels Synopsis

NSE-Steel-Producers

Vardhman Special St is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 1661.36 Cr. and Equity Capital is Rs. 81.46 Cr. for the Year ended 31/03/2024. Vardhman Special Steels Ltd. is a Public Limited Listed company incorporated on 14/05/2010 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L27100PB2010PLC033930 and registration number is 033930.
Market Cap 2,338
Sales 1,667
Shares in Float 3.18
No of funds 46
Yield 0.7
Book Value 3.25
U/D Vol ratio 1.1
LTDebt / Equity 2
Alpha 0.05
Beta 0.87

Vardhman Special Steels Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 60.56%60.56%60.67%60.71%
Mutual Funds 2.89%2.5%2.42%2.42%
Foreign Portfolio Investors 0.64%0.49%0.75%0.96%
Financial Institutions/ Banks
Individual Investors 19.59%20.23%20.4%20.94%
Others 16.32%16.22%15.76%14.97%

Vardhman Special Steels Management

Name Designation
Mr. Rajeev Gupta Chairman (Non - Executive) & Non Independent Direc
Mr. Sachit Jain Vice Chairman & Mng.Director
Mr. Rajendar Kumar Rewari Executive Director
Ms. Soumya Jain Executive Director
Mr. Rajinder Kumar Jain Non Executive Director
Mr. Toshio Ito Non Executive Director
Mrs. Suchita Jain Non Executive Director
Mrs. Vidya Shah Independent Director
Mr. Rakesh Jain Independent Director
Mr. Sanjoy Bhattacharyya Independent Director
Mr. Suman Chatterjee Independent Director
Mr. Hemant Bharat Ram Independent Director

Vardhman Special Steels Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Vardhman Special Steels Corporate Action

Date Purpose Remarks
2024-07-25 Quarterly Results
2024-05-01 Audited Results & Final Dividend
2024-02-02 Quarterly Results
2023-11-07 Quarterly Results
2023-08-02 Quarterly Results
Date Purpose Remarks
2023-05-26 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 10/-.

Vardhman Special Steels FAQs

What is Share Price of Vardhman Special Steels ?

Vardhman Special Steels share price is ₹287 As on 18 September, 2024 | 02:29

What is the Market Cap of Vardhman Special Steels ?

The Market Cap of Vardhman Special Steels is ₹2338.2 Cr As on 18 September, 2024 | 02:29

What is the P/E ratio of Vardhman Special Steels ?

The P/E ratio of Vardhman Special Steels is 23.6 As on 18 September, 2024 | 02:29

What is the PB ratio of Vardhman Special Steels ?

The PB ratio of Vardhman Special Steels is 3.3 As on 18 September, 2024 | 02:29

Q2FY23
Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 
footer_form