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Newmalayalam Steel Limited
Share Price Target & Analysis

NSE:NMSTEEL

51.99

VWAP

53.7

Open

53.75

Close

53.7

High

51.2

Low

90

52 Week High

51.40 ⇩
-2.35 (-4.37%)

NMSTEEL

(Miscellaneous)
0.5% Momentum

Watch Carefully

51.2

52 Week Low

N/A

EPS

29.49

PE

1.97

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: NMSTEEL Share Price Financial Analysis & Valuation

Newmalayalam Steel Limited (NMSTEEL) is broadly categorized in Miscellaneous segment industry which deals in Iron & Steel vertical. It is one of Micro Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). Newmalayalam Steel Limited is listed on NSE with Exchange ID - INE0TP801012 and trading code is NSE:NMSTEEL with short name Newmalayalam.

In the past 1 year, Newmalayalam Steel Limited has declared an equity dividend of Rs 0 per share. At the current share price of NMSTEEL at Rs 51.40, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:NMSTEEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NMSTEEL underlying value and future prospects. All of this data is available in NMSTEEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NMSTEEL, it is clearly understood that NMSTEEL is Uncertain performer in terms of earnings and profit margins with an EPS of 0. NSE:NMSTEEL book value per share as of today is 26.09. The current price to book ratio for NMSTEEL as of Jan 24, 2025 is 1.97.

Valuation of the Stock: The current valuation of NMSTEEL stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NMSTEEL whether to BUY this stock at current valuation. The delivery percentage of NMSTEEL is 50% is very crucial parameter which shows that 50% investors are anticipating that the price of NMSTEEL share should go up with VWAP at 51.99.

Now, the main question is whether to BUY or SELL, NSE:NMSTEEL at current valuation.
As per latest Analysis No. #41:-

⇑ STRONG BUY NMSTEEL if All Greens

⇗ BUY NMSTEEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD NMSTEEL (With Stop Loss) if only 1 Green

⇘ SELL NMSTEEL if NO Green Indicator

NSE: NMSTEEL Share Price Today (Jan 24, 2025)

(Newmalayalam Steel Limited Daily Analysis on the basis of NMSTEEL Intraday Graph & Trend)

Newmalayalam Steel Limited share price moved Down by -4.37% from its previous close of Rs 53.75. NMSTEEL stock last traded price is 51.40. NMSTEEL share price trend is Down with a total of 35200 stocks traded till now. It has touched an intraday high of Rs 53.7 and an intraday low of Rs 51.2. The NMSTEEL trading at 51.40, Down by Rs. -2.35, or -4.37 percent which suggests that most of the Traders are anticipating that the price of NMSTEEL share should go Down.

NSE: NMSTEEL Share Price Tomorrow Prediction

(Newmalayalam Steel Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NMSTEEL)

Newmalayalam Steel Limited share price moved Down by -4.37%. NMSTEEL share price short term trend is Down. It suggests that NMSTEEL Share Price for Tomorrow remains the same with VWAP at 51.99 will be treated as stop loss for intraday traders. Newmalayalam Steel Limited Long term investors can follow the NMSTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: NMSTEEL

NMSTEEL Share Price Today

 51.40

NMSTEEL Share Price Target Prediction for 2025 ^

 53.7 - 75

NMSTEEL Share Price Target Prediction for 2026*^

 75 - 78

NMSTEEL Share Price Target Prediction for 2027*^

 78 - 81.9

NMSTEEL Share Price Target Prediction for 2028*^

 86

NMSTEEL Share Price Target Prediction for 2029*^

 87

NMSTEEL Share Price Target Prediction for 2030*^

 94
NMSTEEL Current Book Value 2024
26

*Newmalayalam Steel Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NMSTEEL share price target prediction for 2025 2026 2027 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

NMSTEEL Technical Analysis (In Process... .. .)


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Most popular Questions & Answers about NMSTEEL


Newmalayalam Steel Limited stock last traded price is 51.40. NMSTEEL share price moved Down by -4.37% from its previous close of Rs 53.75.

Newmalayalam Steel Limited share price trend is Down with a total of 35200 stocks traded till now. It has touched an intraday high of Rs 90.9 and an intraday low of Rs 51.2. The NMSTEEL trading at 51.40, Down by Rs. -2.35, or -4.37 percent which suggests that most of the Traders are anticipating that the price of NMSTEEL share should go Down and the Stop Loss will be around 51.99.

The market cap of Newmalayalam Steel Limited is ₹0 (in Cr) as of Jan 23, 2025.

The current price to earning ratio for Newmalayalam Steel Limited as of Jan 23, 2025 is 29.49.

The current price to book ratio for Newmalayalam Steel Limited as of Jan 23, 2025 is 1.97.

The highest price of Newmalayalam Steel Limited stock is ₹90 in the last 52-week.

The lowest price of Newmalayalam Steel Limited stock is ₹51.2 in the last 52-week.

Newmalayalam Steel Limited share trading at ₹51.40, Down by Rs. -2.35, or -4.37 percent which suggests that most of the traders are anticipating that the price of NMSTEEL share should go Down.

In 2023, Stock price target for Newmalayalam Steel Limited (NMSTEEL) are ₹53.7 on downside and ₹75 on upside. Newmalayalam Steel Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Newmalayalam Steel Limited (NMSTEEL) are ₹75 on downside and ₹78 on upside. Newmalayalam Steel Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Newmalayalam Steel Limited (NMSTEEL) are ₹78 on downside and ₹81.9 on upside. Newmalayalam Steel Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Newmalayalam Steel Limited (NMSTEEL) will be around ₹87 Newmalayalam Steel Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NMSTEEL.

The price of Newmalayalam Steel Limited (NMSTEEL) shares moved by -4.37%. The short-term trend for NMSTEEL share price is Down. It implies that the share price of NMSTEEL will stay the same tomorrow and that intraday traders should treat VWAP at 51.99 as a stop loss. Investors with a long-term outlook can track NMSTEEL long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of NMSTEEL stock is Unavailable at this moment. Compared to the current market price of 51.40 INR, the NMSTEEL stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Newmalayalam Steel Limited (NMSTEEL), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Newmalayalam Steel Limited book value per share as of today is 26.09. The current price to book ratio for NMSTEEL as of Jan 24, 2025 is 1.97.


NSE:NMSTEEL News & Other Useful Information about NMSTEEL Share Price


Peer Comparison of NSE: NMSTEEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Iron & Steel

Company Price EPS BV
TATASTEEL 130.50 12.52 113.93
HINDALCO 607.60 24.97 303.02
SHYAMMETL 775.75 16.54 211.21
TINPLATE 430.50 8.91 120.66
MIDHANI 320.55 4.67 71.96
JTLINFRA 104.81 2.96 19.8
VENUSPIPES 1275.60 48.87 237.23
GALLANTT 315.05 13.19 108.68
HARIOMPIPE 492.90 19.32 177.56
SUPREMEENG 2.69 0 -3.08
Updated at: 24 Jan 2025 15:44

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