Kanishk Steel Industries Ltd share price logo

Kanishk Steel Industries Ltd (513456)

₹29.370.96%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹28.55
    ₹29.66
  • 52 Week's Low

    52 Week's High

    ₹23.2
    ₹43.69
1 Month Return-1.62 %
3 Month Return-2.05 %
1 Year Return+ 13.32 %
Previous Close₹29.09
Open₹28.55
Volume5,914.00
Upper Circuit-
Lower Circuit-
Market Cap₹82.73Cr

Key Statistics

P/E Ratio16.53
PEG Ratio7.09
Market Cap₹82.73 Cr
P/B Ratio0.73
EPS1.66

Company Information

Established by the Gupta Brothers in 1989, Kanishk Steel Industries is a public limited company with an impressive installed capacity of 50000 tonnes per annum (TPE) for producing varied steel and structuring products ranging from tors, rounds, squares to profiles and channels, joints, I-beams etc. The company had gone forward with an ambitious eco-friendly initiative - the creation of a 6 megawatt (MW) wind power project – for which it had also extended a 1:1 rights issue of FCDs amounting to Rs. 25 crore to augment its resources. In turn, it’s production capacity gets expanded from 50000 TPE to 66000 TPE. Additionally, the company enjoys conversion contracts from notable organisations such as the Indian Iron and Steel Company, Rashtriya Ispat Nigam and other semi-producer organisations. Kanishk Steel Industries has taken several successful steps of diversifying their activities in which an integrated steel project - for a capacity of 3 lakh tonnes of steel billets - was established with the assistance of Chongquing Iron and Steel Company (China) with a cost amounting to Rs. 400 crore in November 1994.

Share Price: ₹29.37 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹82.73Cr as of today
Revenue: ₹77.35Cr as on March 2016 (Q1 16)
Net Profit: ₹0.19Cr as on March 2016 (Q1 16)
Listing date: 01 Jan, 0001
Chairperson Name: Vishal Keyal
OrganisationKanishk Steel Industries Ltd
Headquarters
IndustrySteel
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Insights on Kanishk 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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 31.99% to 32.11% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 156.7% return, outperforming this stock by 135.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 89.9% return, outperforming this stock by 76.6%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 68.01% to 67.89% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, Kanishk Steel stock has moved down by -21.9%

Company Financials

Value in ₹ crore
Q'1 16Q/Q Change
Revenue
₹77.35Cr
↑38.15%
Net Income
-₹0.19Cr
↓371.43%
Net Profit Margin
-0.25%
↓292.31%
2016Y/Y Change
Revenue
₹272.61Cr
↓10.27%
Net Income
₹4.73Cr
↑1,651.85%
Net Profit Margin
1.74%
↑1,833.33%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹172.05Cr
↑23.34%
Total Liabilities
₹77.20Cr
↑42.38%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹3.34Cr
↓338.57%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
67.89%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
32.11%
0.00
Others
0%
0.00

Key Indicators

Kanishk Steel Industries Ltd Valuation

Kanishk Steel Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.82x)

October 27, 2020

Today (16.53x)

July 16, 2024

Industry (29.59x)

July 16, 2024

Highest (24.83x)

January 10, 2022

LowHigh

Earnings and Dividends

  • Kanishk Steel Industries Ltd Earnings Results

    Kanishk Steel Industries Ltd’s net profit jumped 114.04% since last year same period to ₹0.25Cr in the Q4 2015-2016. On a quarterly growth basis, Kanishk Steel Industries Ltd has generated 725% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Kanishk Steel Industries Ltd Dividends July,2008

    In the quarter ending June 2008, Kanishk Steel Industries Ltd has declared dividend of ₹0.60 - translating a dividend yield of 4.18%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Kanishk Steel Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Kanishk Steel Industries Ltd (513456) share price today is ₹29.37

Kanishk Steel Industries Ltd is not listed on NSE

Kanishk Steel Industries Ltd is listed on BSE

  • Today’s highest price of Kanishk Steel Industries Ltd is ₹29.66.
  • Today’s lowest price of Kanishk Steel Industries Ltd is ₹28.55.

PE Ratio of Kanishk Steel Industries Ltd is 16.53

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

Today’s traded volume of Kanishk Steel Industries Ltd(513456) is 5,914.00.

Today’s market capitalisation of Kanishk Steel Industries Ltd(513456) is ₹82.73Cr.

Kanishk Steel Industries Ltd(513456Price
52 Week High
₹43.69
52 Week Low
₹23.2

Kanishk Steel Industries Ltd(513456) share price is ₹29.37. It is down -32.78% from its 52 Week High price of ₹43.69

Kanishk Steel Industries Ltd(513456) share price is ₹29.37. It is up 26.59% from its 52 Week Low price of ₹23.2

Kanishk Steel Industries Ltd(513456Returns
1 Day Returns
0.28%
1 Month Returns
-1.62%
3 Month Returns
-2.05%
1 Year Returns
13.32%