SALSTEEL

SAL STEEL

Small Cap BSE: 532604 NSE: SALSTEEL
₹13.15
-0.25 (-1.87%)
As on 04 December, 2022 | 13:21

Sal Steel Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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Sal Steel Share Price

Sal Steel Share Returns

  • Over 1 Month 10.04%
  • Over 3 Month 59.39%
  • Over 6 Month 36.27%
  • Over 1 Year 48.59%

Sal Steel Key Statistics

P/E Ratio 14.2
PEG Ratio -0.2
Market Cap Cr 112
Price to Book Ratio 3
EPS 1.4
Dividend 0
Relative Strength Index 54.56
Money Flow Index 62.86
MACD Signal 0.15
Average True Range 0.64

Sal Steel Investment Rating

  • Master Rating:
  • S A L Steel has an operating revenue of Rs. 564.92 Cr. on a trailing 12-month basis. An annual revenue growth of 66% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 30% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 25% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 22 which is a POOR score indicating inconsistency in earnings, a RS Rating of 81 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 60 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

SAL Steel Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 13411918512785108116
Operating Expenses Qtr Cr 13011617713389110112
Operating Profit Qtr Cr 439-6-4-24
Depreciation Qtr Cr 2222223
Interest Qtr Cr 1000000
Tax Qtr Cr 1020112
Net Profit Qtr Cr 30503416

Sal Steel Technicals

EMA & SMA

Current Price
13.15
-0.25 (-1.87%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 12.92
  • 50 Day
  • 12.43
  • 100 Day
  • 11.62
  • 200 Day
  • 10.83
  • 20 Day
  • 12.89
  • 50 Day
  • 13.16
  • 100 Day
  • 10.98
  • 200 Day
  • 10.48

Sal Steel Resistance and Support

PIVOT
₹13.4
Resistance
First Resistance 13.6
Second Resistance 13.8
Third Resistance 14
RSI 54.56
MFI 62.86
MACD Single Line 0.15
MACD 0.2
Support
First Resistance 13.2
Second Resistance 13
Third Resistance 12.8

Sal Steel Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 172,977 9,778,390 56.53
Week 208,465 14,154,801 67.9
1 Month 280,442 17,205,120 61.35
6 Month 364,118 22,710,042 62.37

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. 300.91 Cr. and Equity Capital is Rs. 84.97 Cr. for the Year ended 31/03/2021. 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 112
Sales 565
Shares in Float 4.16
No of funds 1
Yield
Book Value 2.96
U/D Vol ratio 1.1
LTDebt / Equity 474
Alpha 0.17
Beta 0.96

SAL Steel

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 50.56%50.56%50.56%
Foreign Portfolio Investors
Individual Investors 41.32%45.83%45.75%
Others 8.12%3.61%3.69%

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 Additional 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
2022-11-11 Quarterly Results
2022-08-09 Quarterly Results
2022-06-28 Others Inter alia, to consider and approve Notice of 19th Annual General Meeting of the Company and Director Report for the Financial Year 2021-22 and Other Business Matters.
2022-05-28 Audited & Quarterly Results
2022-02-12 Quarterly Results

SAL Steel FAQs

What is Share Price of SAL Steel ?

SAL Steel share price is ₹13 As on 04 December, 2022 | 13:07

What is the Market Cap of SAL Steel ?

The Market Cap of SAL Steel is ₹111.7 Cr As on 04 December, 2022 | 13:07

What is the P/E ratio of SAL Steel ?

The P/E ratio of SAL Steel is 14.2 As on 04 December, 2022 | 13:07

What is the PB ratio of SAL Steel ?

The PB ratio of SAL Steel is 3 As on 04 December, 2022 | 13:07

Q2FY23