SSelectStock

SHBAJRGShri Bajrang Alliance Limited

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

Shri Bajrang Alliance Limited manufactures and sells structural steel products in India. The company operates in two segments, Steel and Agro. The company offers structural steel products, including angles, channels, joists, beams, rounds, flats, and H-beams. It also provides ready to eat frozen food products, as well as extracts oils and oleoresin essential oils. The company also exports its products. The company was formerly known as Shri Bajrang Alloys Limited and changed its name to Shri Bajrang Alliance Limited in December 2019. The company was incorporated in 1990 and is based in Raipur, India.

155.85
2.29%
39Weak

Mkt Cap
₹138 Cr
P/E
3.1
P/B
0.4
Div Yield
0.00%
52W High
₹214.95
52W Low
₹150.50

Price & Volume

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Key Ratios

Market Cap (₹ cr)138.20
P/E3.09
P/B0.36
PEG0.09
ROE %11.50
ROCE %0.10
Debt / Equity0.27
EPS50.37
Revenue Growth %17.50
Profit Growth %35.80
Dividend Yield %0.00
Promoter Holding %72.37
FII Holding %0.00
DII Holding %
Beta0.30

“—” 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

None of the 16 pattern scanners currently detects a setup on SHBAJRG — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 60%

Why avoid

  • Overall evidence is weak (AlgoScore 38/100)
  • ROCE: 0.1%
  • Dividend yield: 0.00%
  • RSI: 38
  • MACD: bearish

Bull case

  • Revenue growth: 17.5% YoY
  • Profit growth: 35.8% YoY
  • Debt/Equity: 0.27

Bear case

  • ROCE: 0.1%
  • Dividend yield: 0.00%
  • RSI: 38
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • ROCE: 0.1%
  • Dividend yield: 0.00%

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

Trade Plan

Entry (CMP)
₹155.85
Stop Loss
₹151.47
risk 2.8%
Target 1 (1.5R)
₹162.42
+4.2%
Target 2 (3R)
₹168.99
+8.4%
Support (20d)
₹153.00
Resistance (52w)
₹214.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹4.38/share
ATR (volatility)
₹7.84
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹7.84). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental71
Technical28
Momentum13
Risk (safety)38

Peers — Metals

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SAMBHV 1.08%
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WELCORP 3.61%
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VSSL 1.39%
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RSL 1.82%
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ARIES 1.49%
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