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Vaswani Industries Ltd

Vaswani Industries Ltd (VASWANI)

₹37.8▲4.71%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Vaswani Industries Ltd share Performance

₹36.4
₹37.9
₹37.8
3.70%
Low
Day's Volatility:3.97%
High
0.26%
₹19.15
₹62.55
₹37.8
49.34%
Low
52 Weeks Volatility:114.81%
High
65.48%

Returns %
1 Month Return	+ 0.42 %
3 Month Return	-14.45 %
1 Year Return	+ 78.27 %

Market Stats
Previous Close	₹₹36.10
Open	₹₹36.65
Volume	₹33.84K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹108.30Cr

Company Information

Vaswani Industries Ltd, part of Vaswani Group of Companies, is a leading manufacturing company based in Sondra Village, 14km from Raipur railway station. The company was established in 2003 and specialises in the production of Sponge Iron, Steel Billets and Ingots, as well as power generation. To meet increased demand, capacity was quickly upgraded from 1 x 100 TPD to 3 x 100 TPD in 2006. In 2008, 3 induction furnaces with a capacity of 36,000MT were installed for Steel Billets and Ingots production, and 7.5MW of power generation was achieved from a Waste Heat Recovery Boiler and Coal reserves. Surplus power generated was sold to private power companies and the Chhattisgarh State Electricity Board in 2009. To ensure further expansion, the Sponge Iron capacity was further upgraded to 11.5MW in 2011. Vaswani Industries Ltd continues to lead the integrated business of manufacturing Sponge Iron, Steel Billets and Ingots and power generation with an efficient, high quality, and reliable service.

Share Price: ₹37.80 per share as on 18 May, 2024 04:01 PM
Market Capitalisation: ₹108.30Cr as of today
Listing date: 24 Oct, 2011
Chairperson Name: Rituraj Paswani

Organisation	Vaswani Industries Ltd
Headquarters
Industry	Steel
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Key events for Vaswani Industries Ltd

Vaswani Industries Stock Price Drops 42% in 30 Days - 01 Apr, 2024
The stock price of Vaswani Industries has dropped by 42% over the past month, erasing recent gains. Despite this, the stock is up 57% over the last year. The company's P/E ratio of 13.3x may make it appear attractive compared to other Indian companies, but its declining earnings performance suggests caution.
Vaswani Industries ROCE Remains Flat, Stock Returns 278% in 5 Years - 14 Mar, 2024
Despite a relatively flat return on capital employed (ROCE) of around 13%, Vaswani Industries has deployed 34% more capital into its operations and proven its ability to reinvest capital at good rates of return. The stock has returned an impressive 278% over the last five years.

Fundamentals of Vaswani Industries Ltd

Insights on Vaswani Industries Ltd

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

POSITIVE IMPACT
Price Rise
In the last 7 days, VASWANI stock has moved up by 10.6%
POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 0.00% to 0.01% in Mar 2024 quarter
POSITIVE IMPACT
Best in 3 Years
In the last 3 years, VASWANI has outperformed top 5 stocks with highest market-cap in Iron & Steel
NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 164.0% return, outperforming this stock by 85.7%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.33% of holdings in Mar 2024 quarter
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 41.67% to 41.66% in Mar 2024 quarter