S.A.L Steel Ltd share price logo

S.A.L Steel Ltd (SALSTEEL)

₹19.580%

Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's High

    ₹19.58
    ₹19.98
  • 52 Week's Low

    52 Week's High

    ₹13.8
    ₹30.45
1 Month Return-11.96 %
3 Month Return+ 3.87 %
1 Year Return+ 27.14 %
Previous Close₹19.58
Open₹19.98
Volume13.69K
Upper Circuit-
Lower Circuit-
Market Cap₹166.37Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹166.37 Cr
P/B Ratio2.79
EPS0

Peer Comparison

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: ₹19.58 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹166.37Cr as of today
Listing date: 24 Nov, 2004
Chairperson Name: Rajendra V Shah
OrganisationS.A.L Steel Ltd
HeadquartersGandhinagar
IndustrySteel
E-voting on sharesClick here to vote

Key events for S.A.L Steel Ltd

  • S.A.L. Steel Ltd's Share Price Rises by 26% - 05 Jul, 2024

    S.A.L. Steel Ltd's share price has risen by 26% in the past month and is up 47% over the last year, despite having a low P/S ratio of 0.4x. The company has been growing revenue at a solid pace, but some shareholders believe that its recent performance may not be sustainable, leading to lower selling prices. However, S.A.L. Steel's recent three-year growth is higher than the wider industry forecast.

Insights on S.A.L Steel Ltd

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 87.6% return, outperforming this stock by 60.5%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Jindal Steel & Power Ltd has given 136.0% return, outperforming this stock by 88.7%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SALSTEEL stock has moved down by -12.0%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹277.47Cr
↓4.78%
Total Liabilities
₹235.94Cr
↓6.95%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹8.36Cr
↓62.60%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M 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

Key Indicators

Earnings and Dividends

  • S.A.L Steel Ltd Earnings Results

    S.A.L Steel Ltd’s net profit jumped 2350% since last year same period to ₹2.70Cr in the Q4 2023-2024. On a quarterly growth basis, S.A.L Steel Ltd has generated 208.87% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

S.A.L Steel Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy S.A.L Steel Ltd shares.

S.A.L Steel Ltd (SALSTEEL) share price today is ₹19.58

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 ₹19.98.
  • Today’s lowest price of S.A.L Steel Ltd is ₹19.58.

Today’s traded volume of S.A.L Steel Ltd(SALSTEEL) is 13.69K.

Today’s market capitalisation of S.A.L Steel Ltd(SALSTEEL) is ₹166.37Cr.

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 ₹19.58. It is down -35.70% from its 52 Week High price of ₹30.45

S.A.L Steel Ltd(SALSTEEL) share price is ₹19.58. It is up 41.88% from its 52 Week Low price of ₹13.8