Vardhman Special Steels Share Price
Start SIP in Vardhman Special Steels
Start SIPVardhman Special Steels Performance
Day Range
- Low 280
- High 288
52 Week Range
- Low 185
- High 343
- Open Price280
- Previous Close283
- Volume44516
Vardhman Special Steels Investment Rating
-
Master Rating:
-
Vardhman Special Steels has an operating revenue of Rs. 1,666.78 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 7% is okay, ROE of 12% is good. The company has a reasonable debt to equity of 2%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 11% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 95 which is a GREAT score indicating consistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 127 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 415 | 439 | 397 | 415 | 409 | 422 |
| Operating Expenses Qtr Cr | 372 | 391 | 364 | 384 | 380 | 398 |
| Operating Profit Qtr Cr | 42 | 49 | 33 | 31 | 29 | 24 |
| Depreciation Qtr Cr | 8 | 9 | 7 | 7 | 7 | 7 |
| Interest Qtr Cr | 5 | 5 | 5 | 5 | 4 | 5 |
| Tax Qtr Cr | 9 | 11 | 7 | 6 | 6 | 4 |
| Net Profit Qtr Cr | 26 | 33 | 22 | 18 | 19 | 14 |
Vardhman Special Steels Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 15
- Bearish Moving Average
- ___
- 1
- 20 Day
- ₹280.76
- 50 Day
- ₹282.48
- 100 Day
- ₹277.92
- 200 Day
- ₹259.91
- 20 Day
- ₹278.97
- 50 Day
- ₹283.83
- 100 Day
- ₹292.78
- 200 Day
- ₹254.85
Vardhman Special Steels Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 289.20 |
| Second Resistance | 292.80 |
| Third Resistance | 297.60 |
| RSI | 55.13 |
| MFI | 59.33 |
| MACD Single Line | 0.17 |
| MACD | 1.04 |
| Support | |
|---|---|
| First Support | 280.80 |
| Second Support | 276.00 |
| Third Supoort | 272.40 |
Vardhman Special Steels Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 47,695 | 2,058,993 | 43.17 |
| Week | 46,942 | 2,419,860 | 51.55 |
| 1 Month | 128,551 | 6,385,121 | 49.67 |
| 6 Month | 198,432 | 8,403,584 | 42.35 |
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. 1661.36 Cr. and Equity Capital is Rs. 81.46 Cr. for the Year ended 31/03/2024. 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 | 2,326 |
| Sales | 1,667 |
| Shares in Float | 3.18 |
| No of funds | 46 |
| Yield | 0.7 |
| Book Value | 3.23 |
| U/D Vol ratio | 1 |
| LTDebt / Equity | 2 |
| Alpha | 0.04 |
| Beta | 0.87 |
Vardhman Special Steels Shareholding Pattern
| Owner Name | Jun-24 | Mar-24 | Dec-23 | Sep-23 |
|---|---|---|---|---|
| Promoters | 60.56% | 60.56% | 60.67% | 60.71% |
| Mutual Funds | 2.89% | 2.5% | 2.42% | 2.42% |
| Foreign Portfolio Investors | 0.64% | 0.49% | 0.75% | 0.96% |
| Financial Institutions/ Banks | ||||
| Individual Investors | 19.59% | 20.23% | 20.4% | 20.94% |
| Others | 16.32% | 16.22% | 15.76% | 14.97% |
Vardhman Special Steels Management
| Name | Designation |
|---|---|
| Mr. Rajeev Gupta | Chairman (Non - Executive) & Non Independent Direc |
| Mr. Sachit Jain | Vice Chairman & Mng.Director |
| Mr. Rajendar Kumar Rewari | Executive Director |
| Ms. Soumya Jain | Executive Director |
| Mr. Rajinder Kumar Jain | Non Executive Director |
| Mr. Toshio Ito | Non Executive Director |
| Mrs. Suchita Jain | Non Executive Director |
| Mrs. Vidya Shah | Independent Director |
| Mr. Rakesh Jain | Independent Director |
| Mr. Sanjoy Bhattacharyya | Independent Director |
| Mr. Suman Chatterjee | Independent Director |
| Mr. Hemant Bharat Ram | Independent Director |
Vardhman Special Steels Forecast
Price Estimates
Vardhman Special Steels Corporate Action
Vardhman Special Steels FAQs
What is Share Price of Vardhman Special Steels ?
Vardhman Special Steels share price is ₹285 As on 16 September, 2024 | 04:06
What is the Market Cap of Vardhman Special Steels ?
The Market Cap of Vardhman Special Steels is ₹2326 Cr As on 16 September, 2024 | 04:06
What is the P/E ratio of Vardhman Special Steels ?
The P/E ratio of Vardhman Special Steels is 23.5 As on 16 September, 2024 | 04:06
What is the PB ratio of Vardhman Special Steels ?
The PB ratio of Vardhman Special Steels is 3.2 As on 16 September, 2024 | 04:06