Steel Exchange India
Steel Exchange India Performance
Day Range
- Low 9.65
- High 10.05
52 Week Range
- Low 7.80
- High 17.25
- Open Price9.90
- Previous Close9.80
- Volume6542815
Start SIP in Steel Exchange India
Start SIPSteel 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
| Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 269 | 251 | 398 | 304 | 315 | 361 | 367 |
| Operating Expenses Qtr Cr | 251 | 231 | 364 | 304 | 288 | 326 | 343 |
| Operating Profit Qtr Cr | 19 | 20 | 35 | 1 | 27 | 34 | 29 |
| Depreciation Qtr Cr | 5 | 6 | 6 | 6 | 6 | 6 | 6 |
| Interest Qtr Cr | 18 | 21 | 42 | 23 | 21 | 20 | 19 |
| Tax Qtr Cr | 0 | 0 | 31 | 0 | 0 | 0 | -102 |
| Net Profit Qtr Cr | -4 | -5 | -43 | -25 | 1 | 8 | 112 |
Steel Exchange India Technicals
EMA & SMA
- 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
| 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 Name | Sep-23 | Jun-23 | May-23 | Mar-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
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