VSSL

Vardhman Special Steels Share PriceVardhman Special Steels

₹229.55
-7 (-2.96%)
As on 10 December, 2023 | 15:26 BSE: 534392 NSE: VSSLISIN: INE050M01012

Vardhman Special Steels Performance

Day Range

  • Low 227.85
  • High 237.45
₹ 229.55

52 Week Range

  • Low 129.00
  • High 244.00
₹ 229.55
  • Open Price235.65
  • Previous Close236.55
  • Volume146106

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Vardhman Special Steels Share Price

  • Over 1 Month 10.73%
  • Over 3 Month 4.44%
  • Over 6 Month 6.94%
  • Over 1 Year 72.49%

Vardhman Special Steels Key Statistics

P/E Ratio 23.6
PEG Ratio -0.9
Market Cap Cr 1,865
Price to Book Ratio 2.9
EPS 12.3
Dividend 0.9
Relative Strength Index 59.62
Money Flow Index 73.93
MACD Signal 4.05
Average True Range 9.02

Vardhman Special Steels Investment Rating

  • Master Rating:
  • Vardhman Special Steels has an operating revenue of Rs. 1,647.21 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 8% is okay, ROE of 15% is good. The company has a reasonable debt to equity of 7%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 15% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 63 which is a FAIR score but needs to improve its earnings, a RS Rating of 58 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 58 indicates it belongs to a fair industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Vardhman Special Steels Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 415409422401443469343
Operating Expenses Qtr Cr 384380398364408423305
Operating Profit Qtr Cr 31292436354638
Depreciation Qtr Cr 7777777
Interest Qtr Cr 5455444
Tax Qtr Cr 66410101020
Net Profit Qtr Cr 18191428283029
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 1,7741,397
Operating Expenses Annual Cr 1,5941,195
Operating Profit Annual in Cr 141174
Depreciation Cr 2827
Interest Annual Cr 1817
Tax Annual Cr 3458
Net Profit Annual Cr 100101
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5959
Cash from Investing Activity Annual Cr -9-9
Cash from Financing Annual Activity Cr -52-52
Net Cash Flow Annual Cr -2
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 642555
Fixed Assets Annual Cr 306302
Total Non Current Assets Annual Cr 332324
Total Current Assets Annual Cr 699597
Total Assets Annual Cr 1,031921
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 158137
ROE Annual % 1618
ROCE Annual % 2127
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1015
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
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
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
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 %

Vardhman Special Steels Technicals

EMA & SMA

Current Price
₹229.55
-7 (-2.96%)
pointer
  • Bullish Moving Average
  • ___
  • 14
  • Bearish Moving Average
  • ___
  • 2
  • 20 Day
  • ₹222.58
  • 50 Day
  • ₹215.71
  • 100 Day
  • ₹208.87
  • 200 Day
  • ₹195.93
  • 20 Day
  • ₹219.91
  • 50 Day
  • ₹213.47
  • 100 Day
  • ₹206.67
  • 200 Day
  • ₹199.57

Vardhman Special Steels Resistance and Support

PIVOT
₹231.62
Resistance
First Resistance 235.38
Second Resistance 241.22
Third Resistance 244.98
RSI 59.62
MFI 73.93
MACD Single Line 4.05
MACD 5.48
Support
First Resistance 225.78
Second Resistance 222.02
Third Resistance 216.18

Vardhman Special Steels Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 169,230 8,579,961 50.7
Week 456,698 20,437,227 44.75
1 Month 251,628 12,478,256 49.59
6 Month 198,498 9,250,026 46.6

Vardhman Special Steels Result Highlights

Vardhman Special Steels Synopsis

NSE-Steel-Producers

Vardhman Special St is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs. 1734.99 Cr. and Equity Capital is Rs. 40.63 Cr. for the Year ended 31/03/2023. Vardhman Special Steels Ltd. is a Public Limited Listed company incorporated on 14/05/2010 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L27100PB2010PLC033930 and registration number is 033930.
Market Cap 1,865
Sales 1,647
Shares in Float 3.17
No of funds 44
Yield 0.87
Book Value 2.9
U/D Vol ratio 3
LTDebt / Equity 7
Alpha 0.19
Beta 1.33

Vardhman Special Steels

Owner NameSep-23Jun-23May-23Mar-23
Promoters 60.71%60.71%60.71%60.71%
Mutual Funds 2.42%1.06%1.06%1.03%
Foreign Portfolio Investors 0.96%1.22%1.23%1.14%
Financial Institutions/ Banks
Individual Investors 20.94%22.25%22.2%22.76%
Others 14.97%14.76%14.8%14.36%

Vardhman Special Steels Management

Name Designation
Mr. Rajeev Gupta Chairman
Mr. Sachit Jain Vice Chairman & Mng.Director
Mr. Rajendar Kumar Rewari Executive Director
Mr. Suman Chatterjee Director
Mr. Toshio Ito Director
Ms. Vidya Shah Director
Mr. Rakesh Jain Director
Mr. B K Choudhary Director
Mr. Rajinder Kumar Jain Director
Mr. Sanjeev Pahwa Director
Mr. Sanjoy Bhattacharyya Director
Mrs. Suchita Jain Director
Mr. Raghav Chandra Director
Ms. Shubhra Bhattacharya Director

Vardhman Special Steels Forecast

Price Estimates

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

Other Analyst Rating

Vardhman Special Steels Corporate Action

Date Purpose Remarks
2023-11-07 Quarterly Results
2023-08-02 Quarterly Results
2023-04-27 Audited Results & Final Dividend
2023-04-12 Bonus issue
2023-01-30 Quarterly Results
Date Purpose Remarks
2023-05-26 Bonus Rs.0.00 issue in the ratio of 1:1 of Rs. 10/-.

Vardhman Special Steels MF Shareholding

Name Amount(cr)
Tata Small Cap Fund Regular Growth 6,346

Vardhman Special Steels FAQs

What is Share Price of Vardhman Special Steels ?

Vardhman Special Steels share price is ₹229 As on 10 December, 2023 | 15:12

What is the Market Cap of Vardhman Special Steels ?

The Market Cap of Vardhman Special Steels is ₹1865.2 Cr As on 10 December, 2023 | 15:12

What is the P/E ratio of Vardhman Special Steels ?

The P/E ratio of Vardhman Special Steels is 23.6 As on 10 December, 2023 | 15:12

What is the PB ratio of Vardhman Special Steels ?

The PB ratio of Vardhman Special Steels is 2.9 As on 10 December, 2023 | 15:12

Q2FY23