Visa Steel Ltd (VISASTEEL)

₹20.45▲2.62%

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Overview

Fundamentals

Technicals

News and Events

Visa Steel Ltd share Performance

₹19.95
₹21
₹20.45
2.44%
Low
Day's Volatility:5.13%
High
2.69%
₹10.55
₹25.65
₹20.45
48.41%
Low
52 Weeks Volatility:73.84%
High
25.43%

Returns %
1 Month Return	-5.76 %
3 Month Return	+ 1.74 %
1 Year Return	+ 84.23 %

Market Stats
Previous Close	₹₹21.00
Open	₹₹19.95
Volume	₹19.67K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹236.79Cr

Company Information

Visa Steel Ltd (VSL) was incorporated in 1996 and is engaged in the manufacturing of Pig Iron, Coke Coking Coal, Steam Coal, Chrome Concentrated, and Iron Ore Fines. Ghotaringa Minerals Ltd is its subsidiary. VSL has signed a Memorandum of Understanding (MoU) with the Government of Orissa to set up an integrated special and stainless steel plant at Kalinganagar, at a capital cost of approximately Rs. 960 million. In February 2021, VSL made an Initial Public Offer (IPO) of 35 million equity shares at a price of Rs. 52-57 per share, primarily for financing a Ferro Chrome plant, Sponge Iron plant, Waste Heat Recovery Power Plant, Special and Stainless steel Plant, and Associated Infrastructure facilities.

Share Price: ₹20.45 per share as on 13 May, 2024 04:01 PM
Market Capitalisation: ₹236.79Cr as of today
Revenue: ₹89.63Cr as on December 2023 (Q4 23)
Net Profit: ₹-24.36Cr as on December 2023 (Q4 23)
Listing date: 17 Mar, 2006
Chairperson Name: Vishambhar Saran

Organisation	Visa Steel Ltd
Headquarters	Kolkata
Industry	Ferro Alloys
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Fundamentals of Visa Steel Ltd

Insights on Visa Steel Ltd

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

POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, -24.65 Cr → -24.36 Cr (in ₹), with an average increase of 1.2% per quarter
NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 34.32% of holdings in Dec 2023 quarter
NO EFFECT
Against Peers
In the last 1 year, NMDC Ltd has given 139.3% return, outperforming this stock by 48.3%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 48.27% of holdings in Dec 2023 quarter
NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 17.41% of holdings in Dec 2023 quarter
NO EFFECT
Against Peers
In the last 3 years, Jindal Steel & Power Ltd has given 123.0% return, outperforming this stock by 25.8%
NEGATIVE IMPACT
Price Dip
In the last 1 month, VISASTEEL stock has moved down by -7.5%
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 235.43 Cr → 89.99 Cr (in ₹), with an average decrease of 36.0% per quarter