SSelectStock

SCANSTLScan Steels Limited

Metals · Steel · NSE · as of 2026-10-26 (delayed ~30 min in market hours)

Scan Steels Limited manufactures and sells steel products in India. The company offers thermo mechanical treatment rods under the SHRISHTII TMT brand name; sponge iron, MS billets, and ingots; and PVC coated sheets under the SHRISHTII ROOFING brand name. It also provides structures, such as flats, angles, square bars, channels, and round-plain rods; and fly ash bricks. Scan Steels Limited is based in Bhubaneswar, India.

₹43.70
▼ 5.00%
35Weak

Mkt Cap
₹240 Cr
P/E
10.7
P/B
0.6
Div Yield
0.00%
52W High
₹68.81
52W Low
₹31.35

Price & Volume

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Key Ratios

Market Cap (₹ cr)239.50
P/E10.68
P/B0.57
PEG0.49
ROE %4.90
ROCE %6.50
Debt / Equity0.16
EPS4.09
Revenue Growth %11.10
Profit Growth %21.80
Dividend Yield %0.00
Promoter Holding %72.24
FII Holding %0.00
DII Holding %—
Beta0.02

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

AVOIDConviction 71%

Why avoid

  • • Overall evidence is weak (AlgoScore 35/100)
  • • ROE: 4.9%
  • • ROCE: 6.5%
  • • RSI: 29
  • • MACD: bearish
  • • Double Top bearish signal (setup quality 65%)

Bull case

  • • Profit growth: 21.8% YoY
  • • Debt/Equity: 0.16
  • • Promoter holding: 72.2%
  • • Trend strength (ADX): 31

Bear case

  • • ROE: 4.9%
  • • ROCE: 6.5%
  • • RSI: 29
  • • MACD: bearish

Key risks

  • • Elevated volatility / drawdown profile — size positions accordingly
  • • Momentum is fading versus the broader market
  • • ROE: 4.9%
  • • ROCE: 6.5%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹43.70
Stop Loss
₹43.26
risk 1%
Target 1 (1.5R)
₹44.36
+1.5%
Target 2 (3R)
₹45.01
+3.0%
Support (20d)
₹43.70
Resistance (52w)
₹68.81
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.44/share
ATR (volatility)
₹2.59
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹2.59). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental62
Technical24
Momentum25
Risk (safety)19

Peers — Metals

IGIL▲ 1.09%
81
KRISHANA▲ 2.70%
72
GFSTEELS▼ 1.98%
72
SHYAMMETL▼ 0.45%
70
JSWSTEEL▲ 6.28%
70
SAMBHV▲ 0.36%
67