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Shah Alloys Limited
Share Price Target & Analysis

NSE:SHAHALLOYS

69.94

VWAP

72

Open

70.31

Close

72

High

69.05

Low

112.99

52 Week High

69.99 ⇩
-0.32 (-0.46%)

SHAHALLOYS

(METALS)
29.6% Momentum

Turnaround Potential

51.95

52 Week Low

0.24

EPS

23.1

PE

2.07

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: SHAHALLOYS Share Price Financial Analysis & Valuation

Shah Alloys Limited (SHAHALLOYS) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 97.8 (in Cr). Total number of free float shares are 2 (in Lacs). Shah Alloys Limited is listed on NSE with Exchange ID - INE640C01011 and trading code is NSE:SHAHALLOYS with short name Shah Alloys.

In the past 1 year, Shah Alloys Limited has declared an equity dividend of Rs 0 per share. At the current share price of SHAHALLOYS at Rs 69.99, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SHAHALLOYS, it is clearly understood that SHAHALLOYS is Economical performer in terms of earnings and profit margins with an EPS of 0.24. NSE:SHAHALLOYS book value per share as of today is 33.74. The current price to book ratio for SHAHALLOYS as of Nov 23, 2024 is 2.07.

Valuation of the Stock: The current valuation of SHAHALLOYS stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHAHALLOYS whether to BUY this stock at current valuation. The delivery percentage of SHAHALLOYS is 30.39% is very crucial parameter which shows that 30.39% investors are anticipating that the price of SHAHALLOYS share should go up with VWAP at 69.94.

Now, the main question is whether to BUY or SELL, NSE:SHAHALLOYS at current valuation.
As per latest Analysis No. #567:-

⇑ STRONG BUY SHAHALLOYS if All Greens

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

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

⇘ SELL SHAHALLOYS if NO Green Indicator

NSE: SHAHALLOYS Share Price Today (Nov 23, 2024)

(Shah Alloys Limited Daily Analysis on the basis of SHAHALLOYS Intraday Graph & Trend)

Shah Alloys Limited share price moved Down by -0.46% from its previous close of Rs 70.31. SHAHALLOYS stock last traded price is 69.99. SHAHALLOYS share price trend is Down with a total of 3367 stocks traded till now. It has touched an intraday high of Rs 72 and an intraday low of Rs 69.05. The SHAHALLOYS trading at 69.99, Down by Rs. -0.32, or -0.46 percent which suggests that most of the Traders are anticipating that the price of SHAHALLOYS share should go Down.

NSE: SHAHALLOYS Share Price Tomorrow Prediction

(Shah Alloys Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHAHALLOYS)

Shah Alloys Limited share price moved Down by -0.46%. SHAHALLOYS share price short term trend is Down. It suggests that SHAHALLOYS Share Price for Tomorrow remains the same with VWAP at 69.94 will be treated as stop loss for intraday traders. Shah Alloys Limited Long term investors can follow the SHAHALLOYS long term trend as mentiond in future forecast table.

NSE Code

NSE: SHAHALLOYS

SHAHALLOYS Share Price Today

 69.99

SHAHALLOYS Share Price Target Prediction for 2024 ^

 54.5 - 87.7

SHAHALLOYS Share Price Target Prediction for 2025*^

 87.7 - 91.2

SHAHALLOYS Share Price Target Prediction for 2026*^

 91.2 - 95.8

SHAHALLOYS Share Price Target Prediction for 2027*^

 101

SHAHALLOYS Share Price Target Prediction for 2028*^

 102

SHAHALLOYS Share Price Target Prediction for 2030*^

 110
SHAHALLOYS Current Book Value 2023
33.6

*Shah Alloys Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHAHALLOYS share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SHAHALLOYS Technical Analysis

Candlestick Pattern: @66.37

SHAHALLOYS Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 70.81 SELL 69.8 SELL
MA_12 72.14 SELL 72.15 SELL
MA_20 72.59 SELL 73.62 SELL
MA_32 78.14 SELL 75.49 SELL
MA_50 80.19 SELL 75.93 SELL
MA_100 74.29 SELL 74.49 SELL
MA_200 68.69 SELL 70.03 SELL

SHAHALLOYS Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 67.14 OverSold
MACD -0.27 SELL
ADX 27.7 Strong Trend
DMI (+/-) 14.43 / 31.75 Downtrend

SHAHALLOYS Momentum Oscillators

BUY (0) NEUTRAL (4) SELL (8)
Momentum Oscillators Value Action
RSI 34.53 Neutral
STOCHASTIC_K (Fast) 3.49 Oversold
STOCHASTIC_D (Slow) 5.19 Oversold
CCI -168.69 SELL
PSAR 79.31 SELL
TRUE RANGE 3.7 Neutral
ATR 4.35 Neutral
WILLIAMS R -90.86 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -10.87 SELL

SHAHALLOYS Last 1 Year Trend

Duration Value
1 Year 18.41%
3 Months 11.15%
1 Month -14.07%
1 Week -14.71%

SHAHALLOYS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 13%
SELL 83%

Most popular Questions & Answers about SHAHALLOYS


Shah Alloys Limited stock last traded price is 69.99. SHAHALLOYS share price moved Down by -0.46% from its previous close of Rs 70.31.

Shah Alloys Limited share price trend is Down with a total of 3367 stocks traded till now. It has touched an intraday high of Rs 114.1199 and an intraday low of Rs 69.05. The SHAHALLOYS trading at 69.99, Down by Rs. -0.32, or -0.46 percent which suggests that most of the Traders are anticipating that the price of SHAHALLOYS share should go Down and the Stop Loss will be around 69.94.

The market cap of Shah Alloys Limited is ₹97.8 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Shah Alloys Limited as of Nov 22, 2024 is 23.1.

The current price to book ratio for Shah Alloys Limited as of Nov 22, 2024 is 2.07.

The highest price of Shah Alloys Limited stock is ₹112.99 in the last 52-week.

The lowest price of Shah Alloys Limited stock is ₹51.95 in the last 52-week.

Shah Alloys Limited share trading at ₹69.99, Down by Rs. -0.32, or -0.46 percent which suggests that most of the traders are anticipating that the price of SHAHALLOYS share should go Down.

In 2023, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹54.5 on downside and ₹87.7 on upside. Shah Alloys Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹87.7 on downside and ₹91.2 on upside. Shah Alloys Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹91.2 on downside and ₹95.8 on upside. Shah Alloys 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 Shah Alloys Limited (SHAHALLOYS) will be around ₹102 Shah Alloys Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHAHALLOYS.

The price of Shah Alloys Limited (SHAHALLOYS) shares moved by -0.46%. The short-term trend for SHAHALLOYS share price is Down. It implies that the share price of SHAHALLOYS will stay the same tomorrow and that intraday traders should treat VWAP at 69.94 as a stop loss. Investors with a long-term outlook can track SHAHALLOYS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHAHALLOYS stock is 2.9. Compared to the current market price of 69.99 INR, the SHAHALLOYS stock is Overvalued by 95.9%.

As per the fundamental analysis of Shah Alloys Limited (SHAHALLOYS), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.24. Shah Alloys Limited book value per share as of today is 33.74. The current price to book ratio for SHAHALLOYS as of Nov 23, 2024 is 2.07.


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


Peer Comparison of NSE: SHAHALLOYS

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

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 567.35 13.33 56.93
JSL 671.55 29.43 166.26
INCREDIBLE 51.62 1.65 28.36
USHAMART 392.90 9.83 43.31
TIIL 2496.10 90.34 594.02
MUKANDLTD 131.08 6.84 65.49
LSIL 65.98 0.84 3.55
VSSL 262.45 13.07 88.27
RAMASTEEL 11.97 0.12 1.88
KAMDHENU 462.75 21.35 85.87
Updated at: 22 Nov 2024 15:40

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