STEELXIND

Steel Exchange India Share PriceSteel Exchange India

₹9.7
-0.1 (-1.02%)
As on 10 December, 2023 | 16:27 BSE: 534748 NSE: STEELXINDISIN: INE503B01021

Steel Exchange India Performance

Day Range

  • Low 9.65
  • High 10.05
₹ 9.7

52 Week Range

  • Low 7.80
  • High 17.25
₹ 9.7
  • Open Price9.90
  • Previous Close9.80
  • Volume6542815

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Steel Exchange India Share Price

  • Over 1 Month 10.86%
  • Over 3 Month -2.51%
  • Over 6 Month -35.12%
  • Over 1 Year -28.68%

Steel Exchange India Key Statistics

P/E Ratio -14.9
PEG Ratio 0.1
Market Cap Cr 1,151
Price to Book Ratio 3.9
EPS -0.5
Dividend 0
Relative Strength Index 50.46
Money Flow Index 65.51
MACD Signal 0.2
Average True Range 0.46

Steel Exchange India Investment Rating

  • Master Rating:
  • Steel Exchange India has an operating revenue of Rs. 1,223.05 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of -2% needs improvement, ROE of -19% is poor and needs improvement. The company has a debt to equity of 78%, which is bit higher. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 6 which is a POOR score indicating inconsistency in earnings, a RS Rating of 4 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 58 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of E is the worst. Institutional holding has gone up in the last reported quarter is a positive sign. 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

Steel Exchange India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 269251398304315361367
Operating Expenses Qtr Cr 251231364304288326343
Operating Profit Qtr Cr 1920351273429
Depreciation Qtr Cr 5666666
Interest Qtr Cr 18214223212019
Tax Qtr Cr 0031000-102
Net Profit Qtr Cr -4-5-43-2518112
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,3931,120
Operating Expenses Annual Cr 1,292993
Operating Profit Annual in Cr 97106
Depreciation Cr 2424
Interest Annual Cr 10688
Tax Annual Cr 31-102
Net Profit Annual Cr -59116
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 1384
Cash from Investing Activity Annual Cr -149
Cash from Financing Annual Activity Cr -120-1
Net Cash Flow Annual Cr 412
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 503491
Fixed Assets Annual Cr 592603
Total Non Current Assets Annual Cr 673717
Total Current Assets Annual Cr 459401
Total Assets Annual Cr 1,1321,117
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 556
ROE Annual % -2041
ROCE Annual % 1012
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 711
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
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Depreciation Qtr Cr
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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
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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 %

Steel Exchange India Technicals

EMA & SMA

Current Price
₹9.7
-0.1 (-1.02%)
pointer
  • Bullish Moving Average
  • ___
  • 3
  • Bearish Moving Average
  • ___
  • 13
  • 20 Day
  • ₹9.74
  • 50 Day
  • ₹9.77
  • 100 Day
  • ₹10.62
  • 200 Day
  • ₹11.93
  • 20 Day
  • ₹9.73
  • 50 Day
  • ₹9.31
  • 100 Day
  • ₹10.55
  • 200 Day
  • ₹12.92

Steel Exchange India Resistance and Support

PIVOT
₹9.81
Resistance
First Resistance 9.95
Second Resistance 10.20
Third Resistance 10.35
RSI 50.46
MFI 65.51
MACD Single Line 0.20
MACD 0.16
Support
First Resistance 9.55
Second Resistance 9.40
Third Resistance 9.15

Steel Exchange India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 7,562,141 432,478,844 57.19
Week 5,040,513 324,508,227 64.38
1 Month 6,092,669 390,600,982 64.11
6 Month 6,275,165 330,324,710 52.64

Steel Exchange India Result Highlights

Steel Exchange India Synopsis

NSE-Steel-Producers

Steel Exchangeindia is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 1388.33 Cr. and Equity Capital is Rs. 103.96 Cr. for the Year ended 31/03/2023. Steel Exchange India Ltd. is a Public Limited Listed company incorporated on 24/02/1999 and has its registered office in the State of Telangana, India. Company’s Corporate Identification Number(CIN) is L74100TG1999PLC031191 and registration number is 031191.
Market Cap 1,151
Sales 1,223
Shares in Float 52.21
No of funds 18
Yield
Book Value 3.43
U/D Vol ratio 1.1
LTDebt / Equity 78
Alpha -0.16
Beta 1.04

Steel Exchange India

Owner NameSep-23Jun-23May-23Mar-23
Promoters 55.92%55.92%55.92%50.94%
Mutual Funds
Foreign Portfolio Investors 4.01%4.3%4.32%4.52%
Financial Institutions/ Banks
Individual Investors 22.59%21.32%21.39%24.76%
Others 17.48%18.46%18.37%19.78%

Steel Exchange India Management

Name Designation
Mr. B Satish Kumar Chairman & Managing Director
Mr. B Suresh Kumar Joint Managing Director
Mr. B Ramesh Kumar Joint Managing Director & CFO
Mr. V V Krishna Rao Director
Mr. B Suresh Director
Mr. R Ramachandra Rao Independent Director
Mr. C Siva Prasad Independent Director
Mr. K Krishna Rao Independent Director
Mr. E Sankara Rao Independent Director
Ms. Sujata Chattopadhyay Independent Director
Mr. Shyam Jagetiya Nominee Director

Steel Exchange India Forecast

Price Estimates

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

Other Analyst Rating

Steel Exchange India Corporate Action

Date Purpose Remarks
2023-11-18 Preferential Issue of shares Inter alia, To consider and approve the proposal for raising funds, by issue of equity / all types of debentures /warrants / any other equity linked securities through permissible modes. split from Rs. 10/- to Re. 1/-.
2023-11-14 Quarterly Results
2023-10-10 Others
2023-08-14 Quarterly Results
2023-05-29 Audited Results
Date Purpose Remarks
2022-07-13 Split Rs.0.00 split from Rs. 10/- to Re. 1/-.

Steel Exchange India FAQs

What is Share Price of Steel Exchange India ?

Steel Exchange India share price is ₹9 As on 10 December, 2023 | 16:13

What is the Market Cap of Steel Exchange India ?

The Market Cap of Steel Exchange India is ₹1151 Cr As on 10 December, 2023 | 16:13

What is the P/E ratio of Steel Exchange India ?

The P/E ratio of Steel Exchange India is -14.9 As on 10 December, 2023 | 16:13

What is the PB ratio of Steel Exchange India ?

The PB ratio of Steel Exchange India is 3.9 As on 10 December, 2023 | 16:13

Q2FY23