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Vardhman Special Steels Ltd (VSSL)

₹293.151.51%

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Overview
News
Financials
Q1 2024 Results
Technicals

Vardhman Special Steels Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹288.6
    ₹294.2
  • 52 Week's Low

    52 Week's High

    ₹174.8
    ₹342.8
1 Month Return-13 %
3 Month Return+ 8.02 %
1 Year Return+ 54.11 %
Previous Close₹288.80
Open₹288.80
Volume25.06K
Upper Circuit-
Lower Circuit-
Market Cap₹2,353.58Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,353.58 Cr
P/B Ratio2.52
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Tata Small Cap Fund Direct GrowthTata Small Cap Fund Direct Growth0.82%
JM Small Cap Fund Direct GrowthJM Small Cap Fund Direct Growth1.51%
JM Aggressive Hybrid Fund (Direct) - Growth OptionJM Aggressive Hybrid Fund (Direct) - Growth Option0.89%

Company Information

Vardhman Special Steels Limited is a public limited company that was set up in 2010 in Ludhiana, India. It is part of the US$ 1.20 billion Vardhman Group and makes a range of special and alloy steels, catering mainly to the domestic automotive sector. The company uses modern manufacturing facilities and material handling supported with a well-conceived layout plan, backed by an extensive list of customers such as Toyota, Hero Moto Corp, Caterpillar, and more. It operates to ISO 14001:2004, OHSAS 18001:2007, ISO 9001:2008, and ISO/TS 16949:2009 standards and is an established and serious player in the global market for special and alloy steels.

Share Price: ₹293.15 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,353.58Cr as of today
Listing date: 17 May, 2012
Chairperson Name: Rajeev Gupta
OrganisationVardhman Special Steels Ltd
HeadquartersLudhiana
IndustrySteel
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Key events for Vardhman Special Steels Ltd

  • Vardhman Special Steels Allots Equity Shares to Eligible Employees - 02 Jul, 2024

    Vardhman Special Steels has allotted 35,250 equity shares to eligible employees who exercised their stock options under the Employee Stock Option Plan. The allotment includes bonus shares on ESOP shares in a 1:1 ratio.

  • Vardhman Special Steels' TSR exceeds share price return - 22 Jun, 2024

    Vardhman Special Steels has a TSR of 803% for the last 5 years, exceeding its share price return due to generous dividend payments. The market has a higher opinion of the business than it did five years ago.

Insights on Vardhman Special Steels Ltd

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

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.50% to 2.89% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.49% to 0.64% 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 15.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 60.56% 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 33.5%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 36.32% to 35.65% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, VSSL stock has moved down by -13.0%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹1,033.06Cr
↑11.89%
Total Liabilities
₹390.84Cr
↑6.11%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹73.58Cr
↑24.97%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
60.56%
0.00
Foreign Institutions
0.64%
29.75
Mutual Funds
2.89%
15.81
Retail Investors
35.65%
-1.83
Others
0.25%
95.18

Key Indicators

Earnings and Dividends

  • Vardhman Special Steels Ltd Earnings Results

    Vardhman Special Steels Ltd’s net profit jumped 139.69% since last year same period to ₹32.79Cr in the Q4 2023-2024. On a quarterly growth basis, Vardhman Special Steels Ltd has generated 50.34% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Vardhman Special Steels Ltd Dividends April,2023

    In the quarter ending March 2023, Vardhman Special Steels Ltd has declared dividend of ₹2 - translating a dividend yield of 1.90%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Vardhman Special Steels Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Vardhman Special Steels Ltd (VSSL) share price today is ₹293.15

Vardhman Special Steels Ltd is listed on NSE

Vardhman Special Steels Ltd is listed on BSE

  • Today’s highest price of Vardhman Special Steels Ltd is ₹294.2.
  • Today’s lowest price of Vardhman Special Steels Ltd is ₹288.6.

Today’s traded volume of Vardhman Special Steels Ltd(VSSL) is 25.06K.

Today’s market capitalisation of Vardhman Special Steels Ltd(VSSL) is ₹2353.58Cr.

Vardhman Special Steels Ltd(VSSLPrice
52 Week High
₹342.8
52 Week Low
₹174.8

Vardhman Special Steels Ltd(VSSL) share price is ₹293.15. It is down -14.48% from its 52 Week High price of ₹342.8

Vardhman Special Steels Ltd(VSSL) share price is ₹293.15. It is up 67.71% from its 52 Week Low price of ₹174.8

Vardhman Special Steels Ltd(VSSLReturns
1 Day Returns
4.35%
1 Month Returns
-13%
3 Month Returns
8.02%
1 Year Returns
54.11%