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    3. Salsteel Share Price

    Sal Steel Share PriceSAL Steel

    Small Cap 13.6k Result
    ₹19.7
    0.6 (3.14%)
    As on 30 November, 2023 | 06:47 BSE: 532604 NSE: SALSTEELISIN: INE658G01014

    Sal Steel Performance

    Day Range

    • Low 19.25
    • High 20.70
    ₹ 19.7

    52 Week Range

    • Low 12.60
    • High 23.30
    ₹ 19.7
    • Open Price19.30
    • Previous Close19.10
    • Volume1183589

    Start SIP in SAL Steel

    Start SIP

    Sal Steel Share Price

    • Over 1 Month 32.66%
    • Over 3 Month 25.48%
    • Over 6 Month 21.23%
    • Over 1 Year 49.24%

    Sal Steel Key Statistics

    P/E Ratio 178.1
    PEG Ratio -2
    Market Cap Cr 167
    Price to Book Ratio 4
    EPS 0.4
    Dividend 0
    Relative Strength Index 71.62
    Money Flow Index 87.48
    MACD Signal 0.56
    Average True Range 1.03

    Sal Steel Investment Rating

    • Master Rating:

    • S A L Steel has an operating revenue of Rs. 553.30 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 1% needs improvement, ROE of 8% is fair but needs improvement. The company has a high debt to equity of 301%, which can be a reason to worry. The stock from a technical standpoint is comfortably placed above its key moving averages, around 16% and 15% from 50DMA and 200DMA. It is currently FORMING a base in its weekly chart and is trading around 15% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 15 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 A- which is evident from recent demand for the stock, Group Rank of 54 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of D is close to being the worst. 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

    SAL Steel Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 157153107137134119185
    Operating Expenses Qtr Cr 151148107134130116177
    Operating Profit Qtr Cr 6502439
    Depreciation Qtr Cr 2222222
    Interest Qtr Cr 3334100
    Tax Qtr Cr 0000102
    Net Profit Qtr Cr 0001305
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 510535
    Operating Expenses Annual Cr 487509
    Operating Profit Annual in Cr 8-4
    Depreciation Cr 109
    Interest Annual Cr 80
    Tax Annual Cr 25
    Net Profit Annual Cr 412
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 22
    Cash from Investing Activity Annual Cr 0
    Cash from Financing Annual Activity Cr -22
    Net Cash Flow Annual Cr 0
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 4238
    Fixed Assets Annual Cr 140147
    Total Non Current Assets Annual Cr 143156
    Total Current Assets Annual Cr 134134
    Total Assets Annual Cr 277291
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 54
    ROE Annual % 931
    ROCE Annual % 727
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 55
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    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 2023Mar 2022
    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 2023Mar 2022
    Cash from Operating Activity Annual Cr
    Cash from Investing Activity Annual Cr
    Cash from Financing Annual Activity Cr
    Net Cash Flow Annual Cr
    IndicatorMar 2023Mar 2022
    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 2023Mar 2022
    Book Value Per Share Annual Rs
    ROE Annual %
    ROCE Annual %
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin %
    Invest in Sal Steel

    Sal Steel Technicals

    EMA & SMA

    Current Price
    ₹19.7
    0.6 (3.14%)
    pointer
    • Bullish Moving Average
    • ___
    • 16
    • Bearish Moving Average
    • ___
    • 0
    • 20 Day
    • ₹17.49
    • 50 Day
    • ₹16.77
    • 100 Day
    • ₹16.55
    • 200 Day
    • ₹16.05
    • 20 Day
    • ₹17.08
    • 50 Day
    • ₹16.40
    • 100 Day
    • ₹16.52
    • 200 Day
    • ₹16.50

    Sal Steel Resistance and Support

    PIVOT
    ₹19.89
    Resistance
    First Resistance 20.52
    Second Resistance 21.33
    Third Resistance 21.97
    RSI 71.62
    MFI 87.48
    MACD Single Line 0.56
    MACD 0.86
    Support
    First Resistance 19.07
    Second Resistance 18.43
    Third Resistance 17.62

    Sal Steel Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 1,392,062 79,208,328 56.9
    Week 667,778 38,891,391 58.24
    1 Month 668,641 34,722,520 51.93
    6 Month 273,792 17,029,841 62.2

    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 167
    Sales 553
    Shares in Float 4.16
    No of funds
    Yield
    Book Value 4.03
    U/D Vol ratio 3.1
    LTDebt / Equity 301
    Alpha 0.15
    Beta 1.67

    SAL Steel

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 50.56%50.56%50.56%50.56%
    Foreign Portfolio Investors
    Individual Investors 42.77%42.28%42.35%41.9%
    Others 6.67%7.16%7.09%7.54%

    SAL Steel Management

    Name Designation
    Mr. Rajendra V Shah Non Executive Chairman
    Mr. Sujal Shah Whole Time Director
    Mr. Babulal M Singhal WholeTime Director & CFO
    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
    Mr. Jai Prakash Goyal Whole Time Director

    Sal Steel Forecast

    Price Estimates

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

    Other Analyst Rating

    Sal Steel Corporate Action

    Date Purpose Remarks
    2023-11-04 Quarterly Results
    2023-08-10 Quarterly Results
    2023-05-29 Audited Results
    2023-02-06 Quarterly Results
    2023-01-20 Preferential issue of shares

    SAL Steel FAQs

    What is Share Price of SAL Steel ?

    SAL Steel share price is ₹19 As on 30 November, 2023 | 06:33

    What is the Market Cap of SAL Steel ?

    The Market Cap of SAL Steel is ₹167.4 Cr As on 30 November, 2023 | 06:33

    What is the P/E ratio of SAL Steel ?

    The P/E ratio of SAL Steel is 178.1 As on 30 November, 2023 | 06:33

    What is the PB ratio of SAL Steel ?

    The PB ratio of SAL Steel is 4 As on 30 November, 2023 | 06:33

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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