SAL Steel Share Price
Start SIP in SAL Steel
Start SIPSAL Steel Performance
Day Range
- Low 28
- High 29
52 Week Range
- Low 14
- High 31
- Open Price29
- Previous Close29
- Volume371776
Sal Steel Investment Rating
-
Master Rating:
-
S A L Steel has an operating revenue of Rs. 536.69 Cr. on a trailing 12-month basis. An annual revenue growth of 13% is good, Pre-tax margin of 0% needs improvement, ROE of 1% is fair but needs improvement. The company has a high debt to equity of 297%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 24% and 29% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -3% 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 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 69 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 98 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 | 111 | 139 | 127 | 157 | 153 | 107 |
| Operating Expenses Qtr Cr | 105 | 130 | 127 | 151 | 148 | 107 |
| Operating Profit Qtr Cr | 6 | 9 | 2 | 6 | 5 | 0 |
| Depreciation Qtr Cr | 3 | 2 | 2 | 2 | 2 | 2 |
| Interest Qtr Cr | 3 | 3 | 3 | 3 | 3 | 3 |
| Tax Qtr Cr | 0 | 1 | -1 | 0 | 0 | 0 |
| Net Profit Qtr Cr | 0 | 3 | -2 | 0 | 0 | 0 |
SAL Steel Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 13
- Bearish Moving Average
- ___
- 3
- 20 Day
- ₹27.09
- 50 Day
- ₹24.74
- 100 Day
- ₹23.15
- 200 Day
- ₹21.77
- 20 Day
- ₹27.35
- 50 Day
- ₹23.58
- 100 Day
- ₹22.21
- 200 Day
- ₹22.44
SAL Steel Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 29.21 |
| Second Resistance | 30.09 |
| Third Resistance | 30.70 |
| RSI | 58.73 |
| MFI | 66.97 |
| MACD Single Line | 1.57 |
| MACD | 1.48 |
| Support | |
|---|---|
| First Support | 27.72 |
| Second Support | 27.11 |
| Third Supoort | 26.23 |
SAL Steel Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 439,428 | 21,219,978 | 48.29 |
| Week | 454,778 | 23,743,946 | 52.21 |
| 1 Month | 624,990 | 35,218,205 | 56.35 |
| 6 Month | 190,641 | 13,802,386 | 72.4 |
SAL Steel Result Highlights
SAL Steel Synopsis
NSE-Steel-Producers
Sal Steel belongs to the Industry of Steel. Company’s Total Operating Revenue is Rs. 495.73 Cr. and Equity Capital is Rs. 84.97 Cr. for the Year ended 31/03/2023. SAL Steel Ltd. is a Public Limited Listed company incorporated on 06/11/2003 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L29199GJ2003PLC043148 and registration number is 043148.| Market Cap | 243 |
| Sales | 537 |
| Shares in Float | 4.16 |
| No of funds | |
| Yield |
| Book Value | 5.77 |
| U/D Vol ratio | 2 |
| LTDebt / Equity | 297 |
| Alpha | 0.22 |
| Beta | 0.46 |
SAL Steel Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 50.56% | 50.56% | 50.56% | 50.56% |
| Individual Investors | 43.34% | 43.61% | 43.27% | 42.77% |
| Others | 6.1% | 5.83% | 6.17% | 6.67% |
SAL Steel Management
| Name | Designation |
|---|---|
| Mr. Rajendra V Shah | Non Executive Chairman |
| Mr. Sujal Shah | Whole Time Director |
| Mr. Babulal M Singhal | Whole Time Director |
| Mr. Ambalal C Patel | Independent Director |
| Mr. Tejpal S Shah | Independent Director |
| Mr. Harshad M Shah | Independent Director |
| Mr. Shrikant Jhaveri | Independent Director |
| Mrs. Shefali M Patel | Independent Director |
SAL Steel Forecast
Price Estimates
SAL Steel Corporate Action
| Date | Purpose | Remarks |
|---|---|---|
| 2024-08-09 | Quarterly Results | |
| 2024-05-30 | Quarterly Results | (Revised) |
| 2024-05-11 | Others | To consider Fund Raising and other business matters |
| 2024-02-08 | Quarterly Results | |
| 2023-11-04 | Quarterly Results |
SAL Steel FAQs
What is Share Price of SAL Steel ?
SAL Steel share price is ₹28 As on 04 October, 2024 | 23:15
What is the Market Cap of SAL Steel ?
The Market Cap of SAL Steel is ₹240.6 Cr As on 04 October, 2024 | 23:15
What is the P/E ratio of SAL Steel ?
The P/E ratio of SAL Steel is 462.7 As on 04 October, 2024 | 23:15
What is the PB ratio of SAL Steel ?
The PB ratio of SAL Steel is 5.7 As on 04 October, 2024 | 23:15