Steelcast Limited
Share Price Target & Analysis

NSE:STEELCAS

755.04

VWAP

752.65

Open

750.4

Close

766

High

746.5

Low

844.9

52 Week High

762.05
11.65 (1.55%)

STEELCAS

(Miscellaneous)
69.2% Momentum

Sideways to Positive

575.5

52 Week Low

30.81

EPS

23.15

PE

5.72

PB

Economical
Quality

Silver
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 762.05, this results in a dividend yield of 0.41 %.

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 Economical performer in terms of earnings and profit margins with an EPS of 30.81. NSE:STEELCAS book value per share as of today is 133.21. The current price to book ratio for STEELCAS as of Nov 23, 2024 is 5.72.

Valuation of the Stock: The current valuation of STEELCAS stock is like Silver which means currently the stock is at Premium. 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 63.94% is very crucial parameter which shows that 63.94% investors are anticipating that the price of STEELCAS share should go up with VWAP at 755.04.

Now, the main question is whether to BUY or SELL, NSE:STEELCAS at current valuation.
As per latest Analysis No. #596:-

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 (Nov 23, 2024)

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

Steelcast Limited share price moved Up by 1.55% from its previous close of Rs 750.4. STEELCAS stock last traded price is 762.05. STEELCAS share price trend is Up with a total of 7856 stocks traded till now. It has touched an intraday high of Rs 766 and an intraday low of Rs 746.5. The STEELCAS trading at 762.05, Up by Rs. 11.65, or 1.55 percent which suggests that most of the Traders are anticipating that the price of STEELCAS share should go Up.

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 Up by 1.55%. STEELCAS share price short term trend is Up. It suggests that STEELCAS Share Price for Tomorrow remains the same with VWAP at 755.04 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

762.05

STEELCAS Share Price Target Prediction for 2024 ^

682.4 - 849.1

STEELCAS Share Price Target Prediction for 2025*^

849.1 - 904.5

STEELCAS Share Price Target Prediction for 2026*^

904.5 - 967.8

STEELCAS Share Price Target Prediction for 2027*^

1016

STEELCAS Share Price Target Prediction for 2028*^

1045

STEELCAS Share Price Target Prediction for 2030*^

1139
STEELCAS Current Book Value 2023
132.5

*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: @772.5

STEELCAS Moving Averages

BUY (5) NEUTRAL (0) SELL (9)
MA Simple Action S1 Expo Action E2
MA_5 782.96 SELL 780.29 SELL
MA_12 793.9 SELL 785.22 SELL
MA_20 781.53 SELL 783.14 SELL
MA_32 780.62 SELL 774.91 SELL
MA_50 776.07 SELL 763.02 BUY
MA_100 721.76 BUY 737.45 BUY
MA_200 682.31 BUY 693.49 BUY

STEELCAS Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 781.53 Downtrend
MACD -3.52 SELL
ADX 20.34 NO or Weak Trend
DMI (+/-) 13.69 / 19.54 Downtrend

STEELCAS Momentum Oscillators

BUY (0) NEUTRAL (10) SELL (2)
Momentum Oscillators Value Action
RSI 48.41 Neutral
STOCHASTIC_K (Fast) 37.26 Neutral
STOCHASTIC_D (Slow) 39.89 Neutral
CCI -99.99 Neutral
PSAR 837.57 SELL
TRUE RANGE 26.65 Neutral
ATR 36.81 Neutral
WILLIAMS R -63.12 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 34.95 Neutral
STOCHASTIC RSI D 33.82 Neutral
MOMENTUM -8.1 SELL

STEELCAS Last 1 Year Trend

Duration Value
1 Year 22.24%
3 Months 19.79%
1 Month -1.04%
1 Week -4.02%

STEELCAS Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 17%
NEUTRAL / HOLD 37%
SELL 47%

Most popular Questions & Answers about STEELCAS


Steelcast Limited stock last traded price is 762.05. STEELCAS share price moved Up by 1.55% from its previous close of Rs 750.4.

Steelcast Limited share price trend is Up with a total of 7856 stocks traded till now. It has touched an intraday high of Rs 853.349 and an intraday low of Rs 746.5. The STEELCAS trading at 762.05, Up by Rs. 11.65, or 1.55 percent which suggests that most of the Traders are anticipating that the price of STEELCAS share should go Up and the Stop Loss will be around 755.04.

The market cap of Steelcast Limited is ₹70516.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Steelcast Limited as of Nov 22, 2024 is 23.15.

The current price to book ratio for Steelcast Limited as of Nov 22, 2024 is 5.72.

The highest price of Steelcast Limited stock is ₹844.9 in the last 52-week.

The lowest price of Steelcast Limited stock is ₹575.5 in the last 52-week.

Steelcast Limited share trading at ₹762.05, Up by Rs. 11.65, or 1.55 percent which suggests that most of the traders are anticipating that the price of STEELCAS share should go Up.

In 2023, Stock price target for Steelcast Limited (STEELCAS) are ₹682.4 on downside and ₹849.1 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 ₹849.1 on downside and ₹904.5 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 ₹904.5 on downside and ₹967.8 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 ₹1045 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.

The price of Steelcast Limited (STEELCAS) shares moved by 1.55%. The short-term trend for STEELCAS share price is Up. It implies that the share price of STEELCAS will stay the same tomorrow and that intraday traders should treat VWAP at 755.04 as a stop loss. Investors with a long-term outlook can track STEELCAS long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of STEELCAS stock is 369.4. Compared to the current market price of 762.05 INR, the STEELCAS stock is Overvalued by 51.5%.

As per the fundamental analysis of Steelcast Limited (STEELCAS), it is of Economical quality in terms of earnings and profit margins with an EPS of 30.81. Steelcast Limited book value per share as of today is 133.21. The current price to book ratio for STEELCAS as of Nov 23, 2024 is 5.72.


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 762.05 30.81 133.21
BHARATFORG 1316.15 30.03 184.04
SGIL 373.80 8.35 59.59
AIAENG 3414.95 116.66 691.77
RKFORGE 963.50 23.53 147.84
JAYNECOIND 39.88 0.26 23.24
ELECTCAST 144.93 13.5 80.75
MMFL 458.70 30.03 169.08
ALICON 1114.60 33.95 319.41
NELCAST 110.81 5.56 59.68
Updated at: 22 Nov 2024 15:41

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