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SHAHALLOYSShah Alloys Limited

Metals · Steel · NSE · as of 2026-09-11 (delayed ~30 min in market hours)

Shah Alloys Limited engages in the manufacture and sale of flat and long stainless steel, alloy and special steel, carbon/mild steel, and armor steel products in India and internationally. The company also offers hot rolled coils, sheets, and plates; cold rolled coils and sheets; hot rolled round and flat bars; bright/peeled bars; angles; and beams. In addition, it provides chrome molybdenum, abrasion/wear resistant, quenched and tempered, high tensile, corrosion resistant, tool, pressure vessel, and other alloy steel products. The company also exports its products. Shah Alloys Limited was incorporated in 1990 and is based in Gandhinagar, India.

92.62
4.28%
67Decent

Mkt Cap
₹164 Cr
P/E
1.7
P/B
1.7
Div Yield
0.00%
52W High
₹116.85
52W Low
₹53.10

Price & Volume

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Key Ratios

Market Cap (₹ cr)164.00
P/E1.70
P/B1.66
PEG0.00
ROE %205.84
ROCE %0.30
Debt / Equity0.56
EPS54.42
Revenue Growth %-98.70
Profit Growth %646.30
Dividend Yield %0.00
Promoter Holding %63.15
FII Holding %0.00
DII Holding %
Beta-0.14

“—” 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

HOLDConviction 64%

The picture

  • Profit growth: 646.3% YoY
  • ROE: 205.8%
  • Debt/Equity: 0.56
  • RSI: 53
  • Price vs EMA21: above
  • Price vs SMA50: above
  • Pullback to 21-EMA signal (setup quality 80%)

Bull case

  • Profit growth: 646.3% YoY
  • ROE: 205.8%
  • Debt/Equity: 0.56
  • RSI: 53

Bear case

  • Revenue growth: -98.7% YoY
  • ROCE: 0.3%
  • MACD: bearish
  • Volume: 0.2x 20-day average

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Revenue growth: -98.7% YoY
  • ROCE: 0.3%

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

Trade Plan

Entry (CMP)
₹92.62
Stop Loss
₹75.98
risk 18%
Target 1 (1.5R)
₹117.58
+26.9%
Target 2 (3R)
₹142.54
+53.9%
Support (20d)
₹70.55
Resistance (52w)
₹116.85
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹16.64/share
ATR (volatility)
₹6.66
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹6.66). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental65
Technical66
Momentum89
Risk (safety)34

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