VISASTEEL

Visa Steel Share Price

₹32.8
+ 1.56 (4.99%)
07 October, 2024 07:27 BSE: 532721 NSE: VISASTEEL ISIN: INE286H01012

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Visa Steel Performance

Day Range

  • Low 33
  • High 33
₹ 32

52 Week Range

  • Low 14
  • High 33
₹ 32
  • Open Price33
  • Previous Close31
  • Volume119461

Visa Steel Chart

  • Over 1 Month + 27.53%
  • Over 3 Month + 16.68%
  • Over 6 Month + 34.15%
  • Over 1 Year + 117.22%

Visa Steel Key Statistics

P/E Ratio -5.9
PEG Ratio 0.1
Market Cap Cr 380
Price to Book Ratio -0.4
EPS -6.2
Dividend 0
Relative Strength Index 75.69
Money Flow Index 9.69
MACD Signal 1.16
Average True Range 1.47

Visa Steel Investment Rating

  • Master Rating:
  • Visa Steel has an operating revenue of Rs. 569.67 Cr. on a trailing 12-month basis. An annual revenue growth of 2% is not great, Pre-tax margin of -11% needs improvement, 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 comfortably placed above its key moving averages, around 41% and 102% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 16% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 36 which is a POOR score indicating inconsistency in earnings, a RS Rating of 80 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 98 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of B is close to being the best. Institutional holding has remained stable in the last reported quarter. 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

Visa Steel Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13515690189235107
Operating Expenses Qtr Cr 12214694195230109
Operating Profit Qtr Cr 1210-5-65-2
Depreciation Qtr Cr 121213121212
Interest Qtr Cr 777787
Tax Qtr Cr 000000
Net Profit Qtr Cr -7-9-24-25-14-20
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 671574
Operating Expenses Annual Cr 665565
Operating Profit Annual in Cr 58
Depreciation Cr 4947
Interest Annual Cr 3028
Tax Annual Cr 00
Net Profit Annual Cr -72-464
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1725
Cash from Investing Activity Annual Cr -9-16
Cash from Financing Annual Activity Cr -8-8
Net Cash Flow Annual Cr 0
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -844-772
Fixed Assets Annual Cr 959998
Total Non Current Assets Annual Cr 9751,010
Total Current Assets Annual Cr 5758
Total Assets Annual Cr 1,0321,068
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -73-67
ROE Annual % 00
ROCE Annual % 55
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 12
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 13515690189235107
Operating Expenses Qtr Cr 12214694195230109
Operating Profit Qtr Cr 1210-5-65-2
Depreciation Qtr Cr 121213121212
Interest Qtr Cr 777787
Tax Qtr Cr 000000
Net Profit Qtr Cr -7-9-24-25-14-20
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 671659
Operating Expenses Annual Cr 665649
Operating Profit Annual in Cr 59
Depreciation Cr 4973
Interest Annual Cr 3025
Tax Annual Cr 00
Net Profit Annual Cr -721,660
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 1726
Cash from Investing Activity Annual Cr -9-17
Cash from Financing Annual Activity Cr -8-8
Net Cash Flow Annual Cr 1
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -844-772
Fixed Assets Annual Cr 959998
Total Non Current Assets Annual Cr 9751,010
Total Current Assets Annual Cr 5758
Total Assets Annual Cr 1,0321,068
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -73-67
ROE Annual % 0-215
ROCE Annual % 59
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 12

Visa Steel Technicals

EMA & SMA

Current Price
₹32.8
+ 1.56 (4.99%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹25.88
  • 50 Day
  • ₹23.39
  • 100 Day
  • ₹20.89
  • 200 Day
  • ₹18.27
  • 20 Day
  • ₹25.40
  • 50 Day
  • ₹23.17
  • 100 Day
  • ₹20.29
  • 200 Day
  • ₹16.17

Visa Steel Resistance and Support

PIVOT
₹32.8
Resistance
First Resistance 32.80
Second Resistance 32.80
Third Resistance 32.80
RSI 75.69
MFI 9.69
MACD Single Line 1.16
MACD 2.10
Support
First Support 32.80
Second Support 32.80
Third Supoort 32.80

Visa Steel Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 127,637 12,763,700 100
Week 127,637 12,763,700 100
1 Month
6 Month 62,330 6,233,040 100

Visa Steel Result Highlights

Visa Steel Synopsis

NSE-Steel-Producers

Visa Steel is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 572.48 Cr. and Equity Capital is Rs. 115.79 Cr. for the Year ended 31/03/2023. Visa Steel Ltd. is a Public Limited Listed company incorporated on 10/09/1996 and has its registered office in the State of Orissa, India. Company’s Corporate Identification Number(CIN) is L51109OR1996PLC004601 and registration number is 004601.
Market Cap 380
Sales 570
Shares in Float 6.02
No of funds 4
Yield
Book Value 3.6
U/D Vol ratio 0.1
LTDebt / Equity
Alpha 0.89
Beta 0.12

Visa Steel Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 48.27%48.27%48.27%48.27%
Foreign Portfolio Investors 17.42%17.42%17.42%17.42%
Individual Investors 7.09%7.06%7.21%7.45%
Others 27.22%27.25%27.1%26.86%

Visa Steel Management

Name Designation
Mr. Vishambhar Saran Chairman
Mr. Vishal Agarwal Vice Chairman & Mng.Director
Mr. Dhanesh Ranjan Independent Director
Mr. Biswajit Chongdar Independent Director
Ms. Ritu Bajaj Independent Director
Mr. Manoj Kumar Director

Visa Steel Forecast

Price Estimates

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

Other Analyst Rating

Visa Steel Corporate Action

Date Purpose Remarks
2024-08-14 Quarterly Results
2024-05-30 Audited Results
2024-02-14 Quarterly Results
2023-11-14 Quarterly Results
2023-08-24 Others Inter alia, to discuss the general affairs of the company.

Visa Steel MF Shareholding

Name Amount(cr)

Visa Steel FAQs

What is Share Price of Visa Steel ?

Visa Steel share price is ₹32 As on 07 October, 2024 | 07:13

What is the Market Cap of Visa Steel ?

The Market Cap of Visa Steel is ₹379.8 Cr As on 07 October, 2024 | 07:13

What is the P/E ratio of Visa Steel ?

The P/E ratio of Visa Steel is -5.9 As on 07 October, 2024 | 07:13

What is the PB ratio of Visa Steel ?

The PB ratio of Visa Steel is -0.4 As on 07 October, 2024 | 07:13

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