NIFTY 22643.40 BANK 49424.05

S.A.L. Steel Limited
Share Price Target & Analysis

NSE:SALSTEEL

19.60

VWAP

0

Open

19.55

Close

19.60

High

19.60

Low

30.45

52 Week High

19.60 ⇧
0.05 (0.26%)

SALSTEEL

(Miscellaneous)
34.8% Momentum

Turnaround Potential

13.80

52 Week Low

-

EPS

27.90

PE

4.01

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: SALSTEEL Share Price Financial Analysis & Valuation

S.A.L. Steel Limited (SALSTEEL) is broadly categorized in Miscellaneous segment industry which deals in Steel - Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 97.3 (in Cr). Total number of free float shares are 8.5 (in Lacs). S.A.L. Steel Limited is listed on NSE with Exchange ID - INE658G01014 and trading code is NSE:SALSTEEL with short name SAL Steel.

In the past 1 year, S.A.L. Steel Limited has declared an equity dividend of Rs 0 per share. At the current share price of SALSTEEL at Rs 19.60, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:SALSTEEL, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SALSTEEL underlying value and future prospects. All of this data is available in SALSTEEL financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SALSTEEL, it is clearly understood that SALSTEEL is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:SALSTEEL book value per share as of today is 4.89. The current price to book ratio for SALSTEEL as of Apr 29, 2024 is 4.01.

Valuation of the Stock: The current valuation of SALSTEEL stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SALSTEEL whether to BUY this stock at current valuation. The delivery percentage of SALSTEEL is 47.51% is very crucial parameter which shows that 47.51% investors are anticipating that the price of SALSTEEL share should go up with VWAP at 19.60.

Now, the main question is whether to BUY or SELL, NSE:SALSTEEL at current valuation.
As per latest Analysis No. #5781:-

⇑ STRONG BUY SALSTEEL if All Greens

⇗ BUY SALSTEEL (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SALSTEEL (With Stop Loss) if only 1 Green

⇘ SELL SALSTEEL if NO Green Indicator

NSE: SALSTEEL Share Price Today (Apr 29, 2024)

(S.A.L. Steel Limited Daily Analysis on the basis of SALSTEEL Intraday Graph & Trend)

S.A.L. Steel Limited share price moved Up by 0.26% from its previous close of Rs 19.55. SALSTEEL stock last traded price is 19.60. SALSTEEL share price trend is Up with a total of 65487 stocks traded till now. It has touched an intraday high of Rs 19.60 and an intraday low of Rs 19.60. The SALSTEEL trading at 19.60, Up by Rs. 0.05, or 0.26 percent which suggests that most of the Traders are anticipating that the price of SALSTEEL share should go Up.

NSE: SALSTEEL Share Price Tomorrow Prediction

(S.A.L. Steel Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SALSTEEL)

S.A.L. Steel Limited share price moved Up by 0.26%. SALSTEEL share price short term trend is Up. It suggests that SALSTEEL Share Price for Tomorrow remains the same with VWAP at 19.60 will be treated as stop loss for intraday traders. S.A.L. Steel Limited Long term investors can follow the SALSTEEL long term trend as mentiond in future forecast table.

NSE Code

NSE: SALSTEEL

SALSTEEL Share Price Today

 19.60

SALSTEEL Share Price Target Prediction for 2024 ^

 14.5 - 23.5

SALSTEEL Share Price Target Prediction for 2025*^

 23.5 - 24.4

SALSTEEL Share Price Target Prediction for 2026*^

 24.4 - 25.6

SALSTEEL Share Price Target Prediction for 2027*^

 27

SALSTEEL Share Price Target Prediction for 2028*^

 27

SALSTEEL Share Price Target Prediction for 2030*^

 29
SALSTEEL Current Book Value 2023
4.9

*S.A.L. Steel Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SALSTEEL share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SALSTEEL Technical Analysis

Candlestick Pattern: @19.35

SALSTEEL Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 20.09 SELL 19.97 SELL
MA_12 20.68 SELL 20.31 SELL
MA_20 20.03 SELL 20.53 SELL
MA_32 20.71 SELL 21.13 SELL
MA_50 22.82 SELL 21.58 SELL
MA_100 23.11 SELL 21.62 SELL
MA_200 19.48 SELL 20.03 SELL

SALSTEEL Trend Oscillators

BUY (1) NEUTRAL (1) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 20.03 Downtrend
MACD 0.08 BUY
ADX 20.73 NO or Weak Trend
DMI (+/-) 24.78 / 39.27 Downtrend

SALSTEEL Momentum Oscillators

BUY (0) NEUTRAL (5) SELL (7)
Momentum Oscillators Value Action
RSI 37.74 Neutral
STOCHASTIC_K (Fast) -3.97 Oversold
STOCHASTIC_D (Slow) -2.91 Oversold
CCI -121.07 SELL
PSAR 21.95 SELL
TRUE RANGE 0.4 Neutral
ATR 0.65 Neutral
WILLIAMS R -75.36 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.05 SELL

SALSTEEL Last 1 Year Trend

Duration Value
1 Year 17.63%
3 Months -23.21%
1 Month -0.26%
1 Week -8.94%

SALSTEEL Technical Analysis Summary

Updated on 2024-04-15
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 20%
SELL 77%

Most popular Questions & Answers about SALSTEEL


S.A.L. Steel Limited stock last traded price is 19.60. SALSTEEL share price moved Up by 0.26% from its previous close of Rs 19.55.

S.A.L. Steel Limited share price trend is Up with a total of 65487 stocks traded till now. It has touched an intraday high of Rs 30.7545 and an intraday low of Rs 19.60. The SALSTEEL trading at 19.60, Up by Rs. 0.05, or 0.26 percent which suggests that most of the Traders are anticipating that the price of SALSTEEL share should go Up and the Stop Loss will be around 19.60.

The market cap of S.A.L. Steel Limited is ₹97.3 (in Cr) as of Apr 28, 2024.

The current price to earning ratio for S.A.L. Steel Limited as of Apr 28, 2024 is 27.90.

The current price to book ratio for S.A.L. Steel Limited as of Apr 28, 2024 is 4.01.

The highest price of S.A.L. Steel Limited stock is ₹30.45 in the last 52-week.

The lowest price of S.A.L. Steel Limited stock is ₹13.80 in the last 52-week.

S.A.L. Steel Limited share trading at ₹19.60, Up by Rs. 0.05, or 0.26 percent which suggests that most of the traders are anticipating that the price of SALSTEEL share should go Up.

In 2023, Stock price target for S.A.L. Steel Limited (SALSTEEL) are ₹14.5 on downside and ₹23.5 on upside. S.A.L. Steel Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for S.A.L. Steel Limited (SALSTEEL) are ₹23.5 on downside and ₹24.4 on upside. S.A.L. Steel Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for S.A.L. Steel Limited (SALSTEEL) are ₹24.4 on downside and ₹25.6 on upside. S.A.L. Steel Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for S.A.L. Steel Limited (SALSTEEL) will be around ₹27 S.A.L. Steel Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SALSTEEL.

As per the fundamental analysis of S.A.L. Steel Limited (SALSTEEL), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. S.A.L. Steel Limited book value per share as of today is 4.89. The current price to book ratio for SALSTEEL as of Apr 29, 2024 is 4.01.


NSE:SALSTEEL News & Other Useful Information about SALSTEEL Share Price


Peer Comparison of NSE: SALSTEEL

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 579.40 12.97 32.49
JSL 699.85 32.95 139.14
INCREDIBLE 39.30 1.23 27.08
USHAMART 357.60 10.57 43.31
TIIL 2289.30 76.36 513.41
MUKANDLTD 184.20 14.37 61
LSIL 70.05 0.57 3.2
VSSL 292.00 8.91 78.91
RAMASTEEL 13.50 0.16 1.74
KAMDHENU 537.65 16.39 61.88
Updated at: 29 Apr 2024 16:03

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