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Steelcast Limited
Share Price Target & Analysis

NSE:STEELCAS

651.81

VWAP

654.95

Open

651.95

Close

659.00

High

646.55

Low

747.00

52 Week High

651.75 ⇩
-0.20 (-0.03%)

STEELCAS

(Miscellaneous)
67.6% Momentum

Sideways to Positive

452.90

52 Week Low

37.47

EPS

25.92

PE

6.13

PB

Standard
Quality

Bronze
Valuation

#Analysis

NSE: STEELCAS Share Price Financial Analysis & Valuation

Steelcast Limited (STEELCAS) is broadly categorized in Miscellaneous segment industry which deals in Castings & Forgings vertical. It is one of Micro Cap company with Market Capitalization of Rs 70516.2 (in Cr). Total number of free float shares are 0 (in Lacs). Steelcast Limited is listed on NSE with Exchange ID - INE124E01020 and trading code is NSE:STEELCAS with short name Steelcast.

In the past 1 year, Steelcast Limited has declared an equity dividend of Rs 3.15 per share. At the current share price of STEELCAS at Rs 651.75, this results in a dividend yield of 0.48 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:STEELCAS, it is clearly understood that STEELCAS is Standard performer in terms of earnings and profit margins with an EPS of 37.47. NSE:STEELCAS book value per share as of today is 106.33. The current price to book ratio for STEELCAS as of May 22, 2024 is 6.13.

Valuation of the Stock: The current valuation of STEELCAS stock is like Bronze which means currently the stock is Reasonably Priced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of STEELCAS whether to BUY this stock at current valuation. The delivery percentage of STEELCAS is 52.83% is very crucial parameter which shows that 52.83% investors are anticipating that the price of STEELCAS share should go up with VWAP at 651.81.

Now, the main question is whether to BUY or SELL, NSE:STEELCAS at current valuation.
As per latest Analysis No. #485:-

⇑ STRONG BUY STEELCAS if All Greens

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

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

⇘ SELL STEELCAS if NO Green Indicator

NSE: STEELCAS Share Price Today (May 22, 2024)

(Steelcast Limited Daily Analysis on the basis of STEELCAS Intraday Graph & Trend)

Steelcast Limited share price moved Down by -0.03% from its previous close of Rs 651.95. STEELCAS stock last traded price is 651.75. STEELCAS share price trend is Down with a total of 7218 stocks traded till now. It has touched an intraday high of Rs 659.00 and an intraday low of Rs 646.55. The STEELCAS trading at 651.75, Down by Rs. -0.20, or -0.03 percent which suggests that most of the Traders are anticipating that the price of STEELCAS share should go Down.

NSE: STEELCAS Share Price Tomorrow Prediction

(Steelcast Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of STEELCAS)

Steelcast Limited share price moved Down by -0.03%. STEELCAS share price short term trend is Down. It suggests that STEELCAS Share Price for Tomorrow remains the same with VWAP at 651.81 will be treated as stop loss for intraday traders. Steelcast Limited Long term investors can follow the STEELCAS long term trend as mentiond in future forecast table.

NSE Code

NSE: STEELCAS

STEELCAS Share Price Today

 651.75

STEELCAS Share Price Target Prediction for 2024 ^

 576.8 - 750.7

STEELCAS Share Price Target Prediction for 2025*^

 750.7 - 799.7

STEELCAS Share Price Target Prediction for 2026*^

 799.7 - 855.7

STEELCAS Share Price Target Prediction for 2027*^

 898

STEELCAS Share Price Target Prediction for 2028*^

 924

STEELCAS Share Price Target Prediction for 2030*^

 1007
STEELCAS Current Book Value 2023
105.8

*Steelcast Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^STEELCAS 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.

STEELCAS Technical Analysis

Candlestick Pattern: @667.2

STEELCAS Moving Averages

BUY (14) NEUTRAL (0) SELL (0)
MA Simple Action S1 Expo Action E2
MA_5 663.19 BUY 663.87 BUY
MA_12 661.09 BUY 661.42 BUY
MA_20 660.11 BUY 659.25 BUY
MA_32 656.11 BUY 655.93 BUY
MA_50 647.44 BUY 653.71 BUY
MA_100 655.92 BUY 649.5 BUY
MA_200 644.98 BUY 624.3 BUY

STEELCAS Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 660.11 Uptrend
MACD 0.07 BUY
ADX 12.92 NO or Weak Trend
DMI (+/-) 20.74 / 11.57 Uptrend

STEELCAS Momentum Oscillators

BUY (4) NEUTRAL (8) SELL (0)
Momentum Oscillators Value Action
RSI 54.57 Neutral
STOCHASTIC_K (Fast) 42.91 Neutral
STOCHASTIC_D (Slow) 48.01 Neutral
CCI 173.6 BUY
PSAR 650.92 BUY
TRUE RANGE 39.7 Neutral
ATR 24.06 Neutral
WILLIAMS R -52.45 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 89.67 Overbought
STOCHASTIC RSI D 51.25 Neutral
MOMENTUM 29.15 BUY

STEELCAS Last 1 Year Trend

Duration Value
1 Year 31.34%
3 Months 4.94%
1 Month 4.57%
1 Week 1.62%

STEELCAS Technical Analysis Summary

Updated on 2024-05-18
Action Overall (%)
BUY 70%
NEUTRAL / HOLD 30%
SELL 0%

Most popular Questions & Answers about STEELCAS


Steelcast Limited stock last traded price is 651.75. STEELCAS share price moved Down by -0.03% from its previous close of Rs 651.95.

Steelcast Limited share price trend is Down with a total of 7218 stocks traded till now. It has touched an intraday high of Rs 754.47 and an intraday low of Rs 646.55. The STEELCAS trading at 651.75, Down by Rs. -0.20, or -0.03 percent which suggests that most of the Traders are anticipating that the price of STEELCAS share should go Down and the Stop Loss will be around 651.81.

The market cap of Steelcast Limited is ₹70516.2 (in Cr) as of May 21, 2024.

The current price to earning ratio for Steelcast Limited as of May 21, 2024 is 25.92.

The current price to book ratio for Steelcast Limited as of May 21, 2024 is 6.13.

The highest price of Steelcast Limited stock is ₹747.00 in the last 52-week.

The lowest price of Steelcast Limited stock is ₹452.90 in the last 52-week.

Steelcast Limited share trading at ₹651.75, Down by Rs. -0.20, or -0.03 percent which suggests that most of the traders are anticipating that the price of STEELCAS share should go Down.

In 2023, Stock price target for Steelcast Limited (STEELCAS) are ₹576.8 on downside and ₹750.7 on upside. Steelcast Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Steelcast Limited (STEELCAS) are ₹750.7 on downside and ₹799.7 on upside. Steelcast Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Steelcast Limited (STEELCAS) are ₹799.7 on downside and ₹855.7 on upside. Steelcast 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 Steelcast Limited (STEELCAS) will be around ₹924 Steelcast Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of STEELCAS.

As per the fundamental analysis of Steelcast Limited (STEELCAS), it is of Standard quality in terms of earnings and profit margins with an EPS of 37.47. Steelcast Limited book value per share as of today is 106.33. The current price to book ratio for STEELCAS as of May 22, 2024 is 6.13.


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


Peer Comparison of NSE: STEELCAS

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

Sector: Castings & Forgings

Company Price EPS BV
STEELCAS 651.75 37.47 106.33
BHARATFORG 1467.00 30.61 184.04
AIAENG 3632.95 119.75 684.46
RKFORGE 724.60 18.04 73.48
JAYNECOIND 48.85 2.16 23.31
ELECTCAST 168.70 11.91 68.71
MMFL 1146.35 55.93 285.3
ALICON 1074.40 28.18 317.53
NELCAST 143.35 6.25 59.68
LGBFORGE 10.10 0 1.27
Updated at: 22 May 2024 11:17

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