Shah Alloys Share PriceShah Alloys

₹56.15
0.2 (0.36%)
As on 27 September, 2023 | 16:28 BSE: 513436 NSE: SHAHALLOYSISIN: INE640C01011

Shah Alloys Performance

Day Range

  • Low 54.8
  • High 56.55
56.15

52 Week Range

  • Low 38.85
  • High 81
56.15
  • Open Price55.95
  • Previous Close55.95
  • Volume3634

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Shah Alloys Share Price

  • Over 1 Month 1.17%
  • Over 3 Month 37.27%
  • Over 6 Month 26.77%
  • Over 1 Year 7.23%

Shah Alloys Key Statistics

P/E Ratio -38.7
PEG Ratio 0.4
Market Cap Cr 111
Price to Book Ratio 3.6
EPS 3.4
Dividend 0
Relative Strength Index 46.87
Money Flow Index 56.12
MACD Signal 1.42
Average True Range 3.91

Shah Alloys Investment Rating

  • Master Rating:
  • Shah Alloys has an operating revenue of Rs. 580.85 Cr. on a trailing 12-month basis. An annual revenue de-growth of -29% needs improvement, Pre-tax margin of -1% needs improvement, ROE of -10% is poor and needs improvement. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 2% 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 38 which is a POOR score indicating inconsistency in earnings, a RS Rating of 53 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A which is evident from recent demand for the stock, Group Rank of 65 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 poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Shah Alloys Financials
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 142152154133187257
Operating Expenses Qtr Cr 156163152129188229
Operating Profit Qtr Cr -14-1115-128
Depreciation Qtr Cr 222223
Interest Qtr Cr 111011
Tax Qtr Cr 0-20104
Net Profit Qtr Cr 7-11-123-422
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 639907
Operating Expenses Annual Cr 622763
Operating Profit Annual in Cr 4117
Depreciation Cr 911
Interest Annual Cr 32
Tax Annual Cr -127
Net Profit Annual Cr 7103
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 68
Cash from Investing Activity Annual Cr 0
Cash from Financing Annual Activity Cr -70
Net Cash Flow Annual Cr -1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 6558
Fixed Assets Annual Cr 12391
Total Non Current Assets Annual Cr 204201
Total Current Assets Annual Cr 131146
Total Assets Annual Cr 335346
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3329
ROE Annual % 10179
ROCE Annual % 9147
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 316
IndicatorJun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 142152154133187257
Operating Expenses Qtr Cr 156159151129188229
Operating Profit Qtr Cr -14-735-128
Depreciation Qtr Cr 222223
Interest Qtr Cr 111011
Tax Qtr Cr 0-20104
Net Profit Qtr Cr 1-602029
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 628886
Operating Expenses Annual Cr 622763
Operating Profit Annual in Cr 4117
Depreciation Cr 911
Interest Annual Cr 32
Tax Annual Cr -127
Net Profit Annual Cr -382
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 68
Cash from Investing Activity Annual Cr 0
Cash from Financing Annual Activity Cr -70
Net Cash Flow Annual Cr -1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 3127
Fixed Assets Annual Cr 8991
Total Non Current Assets Annual Cr 170170
Total Current Assets Annual Cr 131146
Total Assets Annual Cr 301316
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1514
ROE Annual % -11300
ROCE Annual % -6186
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 114

Shah Alloys Technicals

EMA & SMA

Current Price
₹56.15
0.2 (0.36%)
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹57.58
  • 50 Day
  • ₹54.96
  • 100 Day
  • ₹53
  • 200 Day
  • ₹53.69
  • 20 Day
  • ₹58.11
  • 50 Day
  • ₹54.52
  • 100 Day
  • ₹50.12
  • 200 Day
  • ₹53.85

Shah Alloys Resistance and Support

PIVOT
₹55.25
Resistance
First Resistance ₹57.2
Second Resistance ₹58.45
Third Resistance ₹60.4
RSI 46.87
MFI 56.12
MACD Single Line 1.42
MACD 0.68
Support
First Resistance ₹54
Second Resistance ₹52.05
Third Resistance ₹50.8

Shah Alloys Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 37,385 3,738,500 100
Week 21,103 1,803,884 85.48
1 Month 55,718 3,994,406 71.69
6 Month 42,729 2,724,373 63.76

Shah Alloys Result Highlights

Shah Alloys Synopsis

NSE-Steel-Producers

Shah Alloys is involved in the business activities of Manufacture of steel in ingots or other primary forms, and other semi- finished products of steel. Company’s Total Operating Revenue is Rs. 626.26 Cr. and Equity Capital is Rs. 19.80 Cr. for the Year ended 31/03/2023. Shah Alloys Ltd. is a Public Limited Listed company incorporated on 23/11/1990 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L27100GJ1990PLC014698 and registration number is 014698.
Market Cap 112
Sales 581
Shares in Float 0.91
No of funds
Yield
Book Value 1.71
U/D Vol ratio 1.5
LTDebt / Equity 6
Alpha 0.02
Beta 0.71

Shah Alloys

Owner NameJun-23Mar-23Dec-22Sep-22
Promoters 53.75%53.75%53.75%53.75%
Foreign Portfolio Investors 0.02%
Individual Investors 38.18%37.69%38.04%38.68%
Others 8.07%8.56%8.21%7.55%

Shah Alloys Management

Name Designation
Mr. Rajendra V Shah Non Executive Chairman
Mr. Mrinal Sinha Whole Time Director
Mr. Ashok A Sharma Whole Time Director
Mr. G M Shaikh Independent Director
Mr. Tejpal S Shah Independent Director
Mr. Harshad M Shah Independent Director
Mrs. Shefali M Patel Independent Director
Mr. Prakash Patel Whole Time Director

Shah Alloys Forecast

Price Estimates

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

Other Analyst Rating

Shah Alloys Corporate Action

Date Purpose Remarks
2023-08-10 Quarterly Results
2023-07-07 Others Inter alia, to consider and approve general business purposes.
2023-05-29 Audited Results
2023-02-06 Quarterly Results
2022-11-11 Quarterly Results
  • Company Name
  • CMP
  • Chg(%)
  • Company Name
  • CMP
  • Chg(%)

Shah Alloys FAQs

What is Share Price of Shah Alloys ?

Shah Alloys share price is ₹56 As on 27 September, 2023 | 16:14

What is the Market Cap of Shah Alloys ?

The Market Cap of Shah Alloys is ₹111.2 Cr As on 27 September, 2023 | 16:14

What is the P/E ratio of Shah Alloys ?

The P/E ratio of Shah Alloys is -38.7 As on 27 September, 2023 | 16:14

What is the PB ratio of Shah Alloys ?

The PB ratio of Shah Alloys is 3.6 As on 27 September, 2023 | 16:14

Q2FY23