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Steel Exchange India Limited is currently in a long term uptrend where the price is trading 36.9% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.7.
Steel Exchange India Limited's total revenue rose by 33.7% to $3B since the same quarter in the previous year.
Its net income has increased by 607.0% to $923M since the same quarter in the previous year.
Finally, its free cash flow grew by 969.3% to $805M since the same quarter in the previous year.
Based on the above factors, Steel Exchange India Limited gets an overall score of 5/5.
| Sector | Basic Materials |
|---|---|
| Industry | Steel |
| ISIN | INE503B01021 |
| CurrencyCode | INR |
| Exchange | NSE |
| Dividend Yield | 0.0% |
|---|---|
| PE Ratio | 21.97 |
| Market Cap | 17B |
| Target Price | None |
| Beta | 1.42 |
Steel Exchange India Limited manufactures and sells steel products in India. The company operates through Trading, Steel Ingot, and Integrated Steel Plant divisions. It produces ingots using sponge iron and scrap/pig iron; TMT bars; sponge iron products, including lumps, fines, and briquettes; and steel billets. The company also trades in various products ranging from finished steel products to semis, coal, scrap, sponge iron, etc. It sells TMT bars under the Simhadri TMT Bars brand. In addition, the company generates power from waste heat. Steel Exchange India Limited was incorporated in 1999 and is based in Visakhapatnam, India.
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