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Shah Alloys Ltd (SHAHALLOYS)

₹60.360.84%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹57.97
    ₹62
  • 52 Week's Low

    52 Week's High

    ₹43.5
    ₹94.25
1 Month Return-5.27 %
3 Month Return-6.98 %
1 Year Return+ 26.29 %
Previous Close₹59.86
Open₹58.86
Volume20.00K
Upper Circuit-
Lower Circuit-
Market Cap₹118.52Cr

Key Statistics

P/E Ratio-6.36
PEG Ratio0.82
Market Cap₹118.52 Cr
P/B Ratio1.32
EPS-1.62

Company Information

Shah Alloys was incorporated in 1990 and was promoted by Rajendrabhai V Shah and Rajiniben R Shah. The company is engaged in the manufacture of mild steel, stainless steel C T D bars, S S flats, pattas and cold-rolled sheets. It went public in 1992 and part-financed its expansion project with a public issue, amounting to Rs 6.53cr. To further its industry, the company implemented two major projects, namely a hot plate rolling mill worth Rs 36.75cr and a captive power plant with a 20 MW capacity. In 1998-99, the company also received the Dhatu Nayak Award for best performance in the stainless steel sector and in the 200102 period, it amalgamated with the Shah Steel Industrial Gases Ltd and issued 20 equity shares in the ratio of one equity share of the company: 35 equity shares of the Shah Steel Industrial Gases Ltd.

Share Price: ₹60.36 per share as on 22 Jul, 2024 11:11 AM
Market Capitalisation: ₹118.52Cr as of today
Revenue: ₹127.87Cr as on March 2024 (Q1 24)
Net Profit: ₹3.44Cr as on March 2024 (Q1 24)
Listing date: 16 Jun, 2005
Chairperson Name: Rajendra V Shah
OrganisationShah Alloys Ltd
HeadquartersGandhinagar
IndustrySteel
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Key events for Shah Alloys Ltd

  • Shah Alloys Ltd's Low P/S Ratio Reflects Weak Momentum - 11 Jun, 2024

    Shah Alloys Ltd's revenue has deteriorated over the last year, resulting in a low P/S ratio of 0.2x compared to the industry average of 1.1x. Shareholders are accepting this as future revenue growth is predicted to be weak and unlikely to provide any pleasant surprises.

Insights on Shah Alloys 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, SHAHALLOYS has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, -24.11 Cr → 4.41 Cr (in ₹), with an average increase of 646.7% per quarter

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 46.22% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 85.5% return, outperforming this stock by 54.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 53.78% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 180.59 Cr → 134.5 Cr (in ₹), with an average decrease of 13.5% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, SHAHALLOYS stock has moved down by -27.7%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹127.87Cr
↓10.47%
Net Income
₹3.44Cr
↓114.82%
Net Profit Margin
2.69%
↓116.55%
2023Y/Y Change
Revenue
₹626.26Cr
↓28.84%
Net Income
-₹3.21Cr
↓103.91%
Net Profit Margin
-0.51%
↓105.47%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹345.44Cr
↓3.38%
Total Liabilities
₹280.61Cr
↓6.47%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹45.48Cr
↓33.05%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.78%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
46.22%
0.00
Others
0%
0.00

Key Indicators

Shah Alloys Ltd Valuation

Shah Alloys Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-44.93x)

September 11, 2023

Today (-6.36x)

July 19, 2024

Industry (29.02x)

July 19, 2024

Highest (8.46x)

March 24, 2022

LowHigh

Earnings and Dividends

  • Shah Alloys Ltd Earnings Results

    Shah Alloys Ltd’s net profit jumped 169.23% since last year same period to ₹4.41Cr in the Q4 2023-2024. On a quarterly growth basis, Shah Alloys Ltd has generated 118.29% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Shah Alloys Ltd Dividends June,2007

    In the quarter ending March 2007, Shah Alloys Ltd has declared dividend of ₹1 - translating a dividend yield of 1.67%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Shah Alloys Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Shah Alloys Ltd (SHAHALLOYS) share price today is ₹60.36

Shah Alloys Ltd is listed on NSE

Shah Alloys Ltd is listed on BSE

  • Today’s highest price of Shah Alloys Ltd is ₹62.
  • Today’s lowest price of Shah Alloys Ltd is ₹57.97.

PE Ratio of Shah Alloys Ltd is -6.36

PE ratio = Shah Alloys Ltd Market price per share / Shah Alloys Ltd Earnings per share

Today’s traded volume of Shah Alloys Ltd(SHAHALLOYS) is 20.00K.

Today’s market capitalisation of Shah Alloys Ltd(SHAHALLOYS) is ₹118.52Cr.

Shah Alloys Ltd(SHAHALLOYSPrice
52 Week High
₹94.25
52 Week Low
₹43.5

Shah Alloys Ltd(SHAHALLOYS) share price is ₹60.36. It is down -35.96% from its 52 Week High price of ₹94.25

Shah Alloys Ltd(SHAHALLOYS) share price is ₹60.36. It is up 38.76% from its 52 Week Low price of ₹43.5

Shah Alloys Ltd(SHAHALLOYSReturns
1 Day Returns
0.5%
1 Month Returns
-5.27%
3 Month Returns
-6.98%
1 Year Returns
26.29%