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Bajaj Steel Industries Ltd (507944)

₹17501.31%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹1,749
    ₹1,804.9
  • 52 Week's Low

    52 Week's High

    ₹936.05
    ₹1,864.3
1 Month Return+ 20.36 %
3 Month Return+ 38.13 %
1 Year Return+ 59.22 %
Previous Close₹1,773.20
Open₹1,773.00
Volume6,610.00
Upper Circuit-
Lower Circuit-
Market Cap₹922.06Cr

Key Statistics

P/E Ratio15.55
PEG Ratio-1.01
Market Cap₹922.06 Cr
P/B Ratio2.25
EPS129.82

Company Information

Bajaj Steel Industries Ltd. was incorporated in 1961 and is a part of the larger Bajaj Group of Industries. They are engaged in Cotton Ginning and Pressing Machineries, Prefabricated Building Structure components and Master Batches manufacturing. The company has world-class engineering setup in various plants across Nagpur and Mumbai and exports to countries like Bangladesh, Kenya, Madagascar, etc. Over the years, they’ve expanded their reach by increasing production capacity of ginning machines, adding humidification systems, parts and turnkey projects for cotton ginning/pressing plants, acquiring businesses from USA, launching new products, and completing turnkey projects in Benin and Uganda. In 2021, it further expanded the Electrical Panel Division in Nagpur and commenced everyday production in Hingna.

Share Price: ₹1750.00 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹922.06Cr as of today
Revenue: ₹173.89Cr as on March 2024 (Q1 24)
Net Profit: ₹22.55Cr as on March 2024 (Q1 24)
Listing date: 01 Jan, 0001
Chairperson Name: Rohit Bajaj
OrganisationBajaj Steel Industries Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
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Insights on Bajaj Steel Industries Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 10.05 Cr → 22.55 Cr (in ₹), with an average increase of 55.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, Bajaj Steel Inds stock has moved up by 20.4%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 51.54% to 51.66% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 127.13 Cr → 186.12 Cr (in ₹), with an average increase of 31.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jupiter Wagons Ltd has given 195.0% return, outperforming this stock by 135.7%

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 0.07% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Titagarh Rail Systems Ltd has given 1897.7% return, outperforming this stock by 1863.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 48.39% to 48.27% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹173.89Cr
↑38.16%
Net Income
₹22.55Cr
↑124.38%
Net Profit Margin
12.97%
↑62.33%
2023Y/Y Change
Revenue
₹533.29Cr
↑22.06%
Net Income
₹67.50Cr
↑84.98%
Net Profit Margin
12.66%
↑51.62%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹393.87Cr
↑9.63%
Total Liabilities
₹147.26Cr
↓12.51%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹15.70Cr
↓62.10%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
48.27%
-0.26
Foreign Institutions
0.07%
0.00
Mutual Funds
0%
0.00
Retail Investors
51.66%
0.24
Others
0%
0.00

Key Indicators

Bajaj Steel Industries Ltd Valuation

Bajaj Steel Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.51x)

March 24, 2020

Today (15.55x)

July 23, 2024

Industry (86.96x)

July 23, 2024

Highest (15.75x)

July 2, 2024

LowHigh

Earnings and Dividends

  • Bajaj Steel Industries Ltd Earnings Results

    Bajaj Steel Industries Ltd’s net profit jumped 31.95% since last year same period to ₹22.55Cr in the Q4 2023-2024. On a quarterly growth basis, Bajaj Steel Industries Ltd has generated 124.38% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Bajaj Steel Industries Ltd Dividends May,2023

    In the quarter ending March 2023, Bajaj Steel Industries Ltd has declared dividend of ₹3 - translating a dividend yield of 0.29%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Bajaj Steel Industries Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Bajaj Steel Industries Ltd (507944) share price today is ₹1750

Bajaj Steel Industries Ltd is not listed on NSE

Bajaj Steel Industries Ltd is listed on BSE

  • Today’s highest price of Bajaj Steel Industries Ltd is ₹1804.9.
  • Today’s lowest price of Bajaj Steel Industries Ltd is ₹1749.

PE Ratio of Bajaj Steel Industries Ltd is 15.55

PE ratio = Bajaj Steel Industries Ltd Market price per share / Bajaj Steel Industries Ltd Earnings per share

Today’s traded volume of Bajaj Steel Industries Ltd(507944) is 6,610.00.

Today’s market capitalisation of Bajaj Steel Industries Ltd(507944) is ₹922.06Cr.

Bajaj Steel Industries Ltd(507944Price
52 Week High
₹1864.3
52 Week Low
₹936.05

Bajaj Steel Industries Ltd(507944) share price is ₹1750. It is down -6.13% from its 52 Week High price of ₹1864.3

Bajaj Steel Industries Ltd(507944) share price is ₹1750. It is up 86.96% from its 52 Week Low price of ₹936.05

Bajaj Steel Industries Ltd(507944Returns
1 Day Returns
-23.2%
1 Month Returns
20.36%
3 Month Returns
38.13%
1 Year Returns
59.22%