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STEEL EXCHANGE INDIA LIMITED
Share Price Target & Analysis

NSE:STEELXIND

10.18

VWAP

10.2

Open

10.17

Close

10.24

High

10.13

Low

18.4

52 Week High

10.19 ⇧
0.02 (0.2%)

STEELXIND

(METALS)
6.7% Momentum

Watch Carefully

9.6

52 Week Low

0.21

EPS

29.52

PE

1.85

PB

Economical
Quality

Gold
Valuation

#Analysis

NSE: STEELXIND Share Price Financial Analysis & Valuation

STEEL EXCHANGE INDIA LIMITED (STEELXIND) is broadly categorized in METALS segment industry which deals in Steel - Large vertical. It is one of Small Cap company with Market Capitalization of Rs 1870.2 (in Cr). Total number of free float shares are 7.6 (in Lacs). STEEL EXCHANGE INDIA LIMITED is listed on NSE with Exchange ID - INE503B01021 and trading code is NSE:STEELXIND with short name Steel Exchange .

In the past 1 year, STEEL EXCHANGE INDIA LIMITED has declared an equity dividend of Rs 0 per share. At the current share price of STEELXIND at Rs 10.19, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:STEELXIND, it is clearly understood that STEELXIND is Economical performer in terms of earnings and profit margins with an EPS of 0.21. NSE:STEELXIND book value per share as of today is 5.52. The current price to book ratio for STEELXIND as of Nov 23, 2024 is 1.85.

Valuation of the Stock: The current valuation of STEELXIND stock is like Gold which means currently the stock is Overpriced. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of STEELXIND whether to BUY this stock at current valuation. The delivery percentage of STEELXIND is 50.01% is very crucial parameter which shows that 50.01% investors are anticipating that the price of STEELXIND share should go up with VWAP at 10.18.

Now, the main question is whether to BUY or SELL, NSE:STEELXIND at current valuation.
As per latest Analysis No. #19734:-

⇑ STRONG BUY STEELXIND if All Greens

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

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

⇘ SELL STEELXIND if NO Green Indicator

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

(STEEL EXCHANGE INDIA LIMITED Daily Analysis on the basis of STEELXIND Intraday Graph & Trend)

STEEL EXCHANGE INDIA LIMITED share price moved Up by 0.2% from its previous close of Rs 10.17. STEELXIND stock last traded price is 10.19. STEELXIND share price trend is Up with a total of 492098 stocks traded till now. It has touched an intraday high of Rs 10.24 and an intraday low of Rs 10.13. The STEELXIND trading at 10.19, Up by Rs. 0.02, or 0.2 percent which suggests that most of the Traders are anticipating that the price of STEELXIND share should go Up.

NSE: STEELXIND Share Price Tomorrow Prediction

(STEEL EXCHANGE INDIA LIMITED Share Price Prediction for Tomorrow & future forecast is based on Current Trend of STEELXIND)

STEEL EXCHANGE INDIA LIMITED share price moved Up by 0.2%. STEELXIND share price short term trend is Up. It suggests that STEELXIND Share Price for Tomorrow remains the same with VWAP at 10.18 will be treated as stop loss for intraday traders. STEEL EXCHANGE INDIA LIMITED Long term investors can follow the STEELXIND long term trend as mentiond in future forecast table.

NSE Code

NSE: STEELXIND

STEELXIND Share Price Today

 10.19

STEELXIND Share Price Target Prediction for 2024 ^

 10.1 - 14.9

STEELXIND Share Price Target Prediction for 2025*^

 14.9 - 15.5

STEELXIND Share Price Target Prediction for 2026*^

 15.5 - 16.3

STEELXIND Share Price Target Prediction for 2027*^

 17

STEELXIND Share Price Target Prediction for 2028*^

 17

STEELXIND Share Price Target Prediction for 2030*^

 19
STEELXIND Current Book Value 2023
5.5

*STEEL EXCHANGE INDIA LIMITED Short Term & Long Term share price target is based on current financial year earings of the company.
^STEELXIND 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.

STEELXIND Technical Analysis

Candlestick Pattern: @10.12

STEELXIND Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 10.55 SELL 10.48 SELL
MA_12 10.99 SELL 10.89 SELL
MA_20 11.13 SELL 11.13 SELL
MA_32 11.62 SELL 11.54 SELL
MA_50 12.12 SELL 11.89 SELL
MA_100 12.76 SELL 12.41 SELL
MA_200 13.63 SELL 12.86 SELL

STEELXIND Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 11.13 Downtrend
MACD -0.06 SELL
ADX 30.79 Strong Trend
DMI (+/-) 11.17 / 34.9 Downtrend

STEELXIND Momentum Oscillators

BUY (0) NEUTRAL (3) SELL (9)
Momentum Oscillators Value Action
RSI 28.84 Oversold
STOCHASTIC_K (Fast) 7.45 Oversold
STOCHASTIC_D (Slow) 8.77 Oversold
CCI -183.6 SELL
PSAR 11.56 SELL
TRUE RANGE 0.32 Neutral
ATR 0.45 Neutral
WILLIAMS R -93.91 Oversold
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -1.97 SELL

STEELXIND Last 1 Year Trend

Duration Value
1 Year 14.35%
3 Months -21.55%
1 Month -16.29%
1 Week -9.56%

STEELXIND Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 10%
SELL 87%

Most popular Questions & Answers about STEELXIND


STEEL EXCHANGE INDIA LIMITED stock last traded price is 10.19. STEELXIND share price moved Up by 0.2% from its previous close of Rs 10.17.

STEEL EXCHANGE INDIA LIMITED share price trend is Up with a total of 492098 stocks traded till now. It has touched an intraday high of Rs 18.584 and an intraday low of Rs 10.13. The STEELXIND trading at 10.19, Up by Rs. 0.02, or 0.2 percent which suggests that most of the Traders are anticipating that the price of STEELXIND share should go Up and the Stop Loss will be around 10.18.

The market cap of STEEL EXCHANGE INDIA LIMITED is ₹1870.2 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for STEEL EXCHANGE INDIA LIMITED as of Nov 22, 2024 is 29.52.

The current price to book ratio for STEEL EXCHANGE INDIA LIMITED as of Nov 22, 2024 is 1.85.

The highest price of STEEL EXCHANGE INDIA LIMITED stock is ₹18.4 in the last 52-week.

The lowest price of STEEL EXCHANGE INDIA LIMITED stock is ₹9.6 in the last 52-week.

STEEL EXCHANGE INDIA LIMITED share trading at ₹10.19, Up by Rs. 0.02, or 0.2 percent which suggests that most of the traders are anticipating that the price of STEELXIND share should go Up.

In 2023, Stock price target for STEEL EXCHANGE INDIA LIMITED (STEELXIND) are ₹10.1 on downside and ₹14.9 on upside. STEEL EXCHANGE INDIA LIMITED share price target is based on current financial year earings of the company.

In 2024, Stock price target for STEEL EXCHANGE INDIA LIMITED (STEELXIND) are ₹14.9 on downside and ₹15.5 on upside. STEEL EXCHANGE INDIA LIMITED share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for STEEL EXCHANGE INDIA LIMITED (STEELXIND) are ₹15.5 on downside and ₹16.3 on upside. STEEL EXCHANGE INDIA 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 STEEL EXCHANGE INDIA LIMITED (STEELXIND) will be around ₹17 STEEL EXCHANGE INDIA LIMITED share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of STEELXIND.

The price of STEEL EXCHANGE INDIA LIMITED (STEELXIND) shares moved by 0.2%. The short-term trend for STEELXIND share price is Up. It implies that the share price of STEELXIND will stay the same tomorrow and that intraday traders should treat VWAP at 10.18 as a stop loss. Investors with a long-term outlook can track STEELXIND long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of STEELXIND stock is 2.5. Compared to the current market price of 10.19 INR, the STEELXIND stock is Overvalued by 75.5%.

As per the fundamental analysis of STEEL EXCHANGE INDIA LIMITED (STEELXIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 0.21. STEEL EXCHANGE INDIA LIMITED book value per share as of today is 5.52. The current price to book ratio for STEELXIND as of Nov 23, 2024 is 1.85.


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


Peer Comparison of NSE: STEELXIND

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

Sector: Steel - Large

Company Price EPS BV
JSWSTEEL 975.00 24.24 307.6
SAIL 112.75 5.29 131.05
JSLHISAR 562.80 62.5 152.14
STEELXIND 10.19 0.21 5.52
MANAKSTEEL 61.17 2.45 47.15
VISASTEEL 35.23 0 -72.9
Updated at: 22 Nov 2024 15:53

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