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1 Comment
Kalyani Steels Limited is currently in a long term uptrend where the price is trading 34.0% above its 200 day moving average.
From a valuation standpoint, the stock is 99.9% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.4.
Kalyani Steels Limited's total revenue rose by 31.1% to $4B since the same quarter in the previous year.
Its net income has increased by 87.2% to $605M since the same quarter in the previous year.
Finally, its free cash flow fell by 148.0% to $-517M since the same quarter in the previous year.
Based on the above factors, Kalyani Steels Limited gets an overall score of 4/5.
| ISIN | INE907A01026 |
|---|---|
| Industry | Steel |
| Sector | Basic Materials |
| CurrencyCode | INR |
| Exchange | NSE |
| Dividend Yield | 3.2% |
|---|---|
| Target Price | 574 |
| Beta | 0.93 |
| PE Ratio | 8.26 |
| Market Cap | 14B |
Kalyani Steels Limited manufactures and sells iron and steel products. The company provides rolled bars for various automotive applications, including crankshaft, camshaft, connecting rods, gears, transmission shafts, axle beams, steering knuckles, and others; rolled bars for engineering applications comprising alloyed steels for use in energy, railways, defense, fasteners, material handling, etc.; and steel for use in the earthmoving, cement, sugar, steel, coal, ship-building, and oilfield industries, as well as general engineering equipment. It also offers round cast for seamless tube industry; and machined bars for aluminum smelting industry. The company serves various component manufacturers of commercial vehicles, two wheelers, diesel engines, bearings, tractors, turbines, and rail in India and internationally. Kalyani Steels Limited was incorporated in 1973 and is headquartered in Pune, India.
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