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Bajaj Steel Industries Ltd

Bajaj Steel Industries Ltd (507944)

₹1267.5▲0.21%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Bajaj Steel Industries Ltd share Performance

₹1,253
₹1,284.95
₹1267.5
1.14%
Low
Day's Volatility:2.52%
High
1.38%
₹936.05
₹1,626.9
₹1267.5
26.15%
Low
52 Weeks Volatility:54.50%
High
28.36%

Returns %
1 Month Return	+ 1.93 %
3 Month Return	+ 4.57 %
1 Year Return	-6.28 %

Market Stats
Previous Close	₹₹1,264.90
Open	₹₹1,270.00
Volume	₹3,425.00
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹657.75Cr

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: ₹1267.50 per share as on 17 May, 2024 04:01 PM
Market Capitalisation: ₹657.75Cr as of today
Revenue: ₹125.86Cr as on December 2023 (Q4 23)
Net Profit: ₹10.05Cr as on December 2023 (Q4 23)
Listing date: 01 Jan, 0001
Chairperson Name: Rohit Bajaj

Organisation	Bajaj Steel Industries Ltd
Headquarters
Industry	Capital Goods-Non Electrical Equipment
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Fundamentals of Bajaj Steel Industries Ltd

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.

POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 47.78% to 48.39% in Mar 2024 quarter
NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 0.07% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Jupiter Wagons Ltd has given 2572.7% return, outperforming this stock by 2448.4%
NO EFFECT
Against Peers
In the last 1 year, Jupiter Wagons Ltd has given 342.8% return, outperforming this stock by 349.0%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 52.16% to 51.54% in Mar 2024 quarter
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 153.99 Cr → 127.13 Cr (in ₹), with an average decrease of 17.4% per quarter
NEGATIVE IMPACT
Price Dip
In the last 1 year, Bajaj Steel Inds stock has moved down by -6.3%
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 17.01 Cr → 10.05 Cr (in ₹), with an average decrease of 40.9% per quarter