SSelectStock

STEELXINDSTEEL EXCHANGE INDIA LIMITED

Metals · Steel · NSE · as of 2026-10-27 (delayed ~30 min in market hours)

Steel Exchange India Limited engages in the manufacture and sale of steel products under the SIMHADRI TMT brand name in India. It operates through Iron and Steel, and Power segments. The company offers rebars; billets and ingots; sponge iron and pig iron; steel scrap; iron ore; and pillets. It also deals in a range of steel products, including semis, coal, scrap, and others. In addition, the company generates and sell power from waste heat recovery boilers. Steel Exchange India Limited was incorporated in 1999 and is based in Visakhapatnam, India.

₹9.82
▲ 2.40%
34Weak

Mkt Cap
₹1,260 Cr
P/E
37.8
P/B
1.6
Div Yield
0.00%
52W High
₹13.95
52W Low
₹7.00

Price & Volume

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Key Ratios

Market Cap (₹ cr)1,260.40
P/E37.77
P/B1.59
PEG1.15
ROE %3.50
ROCE %8.70
Debt / Equity0.54
EPS0.26
Revenue Growth %-10.10
Profit Growth %33.30
Dividend Yield %0.00
Promoter Holding %61.56
FII Holding %0.01
DII Holding %—
Beta0.62

“—” 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 70%

Why avoid

  • • Overall evidence is weak (AlgoScore 34/100)
  • • Revenue growth: -10.1% YoY
  • • ROE: 3.5%
  • • RSI: 36
  • • MACD: bearish
  • • Double Top bearish signal (setup quality 65%)

⚖️ 1 bullish pattern setup is currently active on this stock. Pattern setup-quality percentages measure how cleanly a chart formation developed — they are not an endorsement of the company. Short-term traders may still trade those setups with strict stops; the AVOID verdict reflects the overall risk/fundamental profile for holding.

Bull case

  • • Profit growth: 33.3% YoY
  • • Debt/Equity: 0.54
  • • Promoter holding: 61.6%
  • • Golden cross setup: SMA50 above SMA200

Bear case

  • • Revenue growth: -10.1% YoY
  • • ROE: 3.5%
  • • RSI: 36
  • • MACD: bearish

Key risks

  • • Momentum is fading versus the broader market
  • • Revenue growth: -10.1% YoY
  • • ROE: 3.5%

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

Trade Plan

Entry (CMP)
₹9.82
Stop Loss
₹9.23
risk 6%
Target 1 (1.5R)
₹10.71
+9.1%
Target 2 (3R)
₹11.60
+18.1%
Support (20d)
₹9.32
Resistance (52w)
₹13.95
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹0.59/share
ATR (volatility)
₹0.49
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹0.49). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental45
Technical25
Momentum14
Risk (safety)63

Peers — Metals

IGIL▲ 4.20%
80
KRISHANA▲ 2.13%
73
GFSTEELS▼ 1.98%
72
SAMBHV▲ 6.33%
71
SHYAMMETL▲ 1.70%
71
JSWSTEEL▲ 0.33%
69