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S.A.L Steel Ltd (SALSTEEL)

₹20.250%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

S.A.L Steel Ltd share Performance

  • ₹20.25
    ₹20.6
    ₹20.25

    Day's Volatility:1.73%

    High

    1.73%

    downward going graph
  • ₹13.8
    ₹30.45
    ₹20.25
    downward going graph

    31.85%

    Low

    52 Weeks Volatility:82.22%

    High

    50.37%

    downward going graph
1 Month Return+ 3.32 %
3 Month Return-14.19 %
1 Year Return+ 24.62 %
Previous Close₹20.25
Open₹20.60
Volume22.98K
Upper Circuit-
Lower Circuit-
Market Cap₹172.06Cr

Company Information

SAL Steel Limited is an Indian steel and iron firm based in Gujarat. It produces power, sponge iron, ferro alloys, manganese steel, stainless steel angles and other ferro alloys. Of its total production, 50% of sponge iron is used by Shah Alloys Ltd. and remaining 50% is sold to steel industries and states such as Rajasthan, Haryana, Punjab, and Himachal Pradesh. The company produces 40MW of power from its waste heat recovery boiler and fluidized bed combustion boiler, which it also sells to various customers. The total net saleable production for fiscal 2010 is 69069 metric tonnes of sponge iron, 11973 metric tonnes of ferro chrome and 2933 metric tonnes of silicon manganese. SAL Steel is well situated near the Kandla Port in Gujarat, having secured ties with renowned raw material suppliers and offering the advantages of a busy commercial port and proximity to finished product customers.

Share Price: ₹20.25 per share as on 27 May, 2024 04:01 PM
Market Capitalisation: ₹172.06Cr as of today
Listing date: 24 Nov, 2004
Chairperson Name: Rajendra V Shah
OrganisationS.A.L Steel Ltd
HeadquartersGandhinagar
IndustrySteel
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Key events for S.A.L Steel Ltd

  • S.A.L Steel to Raise Funds through Convertible Equity Warrants - 13 May, 2024

    The board of S.A.L Steel has approved the raising of funds by issuing up to 48 lakh convertible equity warrants, aggregating up to Rs. 12 crore within 18 months from allotment at Rs. 25 per warrant.

  • S.A.L Steel Ltd Board to Consider Fundraising - 09 May, 2024

    Shares of S.A.L Steel Ltd rose by 5% after the company's board scheduled a meeting to consider and approve fundraising through various modes. The company has witnessed underperforming numbers in recent financial quarters, with operating revenues and profits decreasing. Return ratios have also been on a downward trend. S.A.L Steel is engaged in manufacturing and selling sponge iron and ferroalloys within and outside India.

Fundamentals of S.A.L Steel Ltd

Insights on S.A.L Steel Ltd

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

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SALSTEEL has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 49.44% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, NMDC Ltd has given 150.6% return, outperforming this stock by 126.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 50.56% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, SALSTEEL stock has moved down by -4.7%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
50.56%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
49.44%
0.00
Others
0%
0.00

Technicals of S.A.L Steel Ltd share

News & Events of S.A.L Steel Ltd

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S.A.L Steel Ltd (SALSTEEL) share price today is ₹20.25

S.A.L Steel Ltd is listed on NSE

S.A.L Steel Ltd is listed on BSE

  • Today’s highest price of S.A.L Steel Ltd is ₹20.6.
  • Today’s lowest price of S.A.L Steel Ltd is ₹20.25.

Today’s traded volume of S.A.L Steel Ltd(SALSTEEL) is 22.98K.

Today’s market capitalisation of S.A.L Steel Ltd(SALSTEEL) is ₹172.06Cr.

S.A.L Steel Ltd(SALSTEELPrice
52 Week High
₹30.45
52 Week Low
₹13.8

S.A.L Steel Ltd(SALSTEEL) share price is ₹20.25. It is down -33.50% from its 52 Week High price of ₹30.45

S.A.L Steel Ltd(SALSTEEL) share price is ₹20.25. It is up 46.74% from its 52 Week Low price of ₹13.8