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Shah Alloys Limited
Share Price Target & Analysis

NSE:SHAHALLOYS

63.23

VWAP

63.80

Open

63.25

Close

64.20

High

62.45

Low

94.25

52 Week High

63.00 ⇩
-0.25 (-0.40%)

SHAHALLOYS

(METALS)
43.6% Momentum

Turnaround Potential

38.85

52 Week Low

-

EPS

28.40

PE

1.92

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: SHAHALLOYS Share Price Financial Analysis & Valuation

Shah Alloys Limited (SHAHALLOYS) is broadly categorized in METALS segment industry which deals in Steel - Medium & Small vertical. It is one of Micro Cap company with Market Capitalization of Rs 97.8 (in Cr). Total number of free float shares are 2 (in Lacs). Shah Alloys Limited is listed on NSE with Exchange ID - INE640C01011 and trading code is NSE:SHAHALLOYS with short name Shah Alloys.

In the past 1 year, Shah Alloys Limited has declared an equity dividend of Rs 0 per share. At the current share price of SHAHALLOYS at Rs 63.00, this results in a dividend yield of 0 %.

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

Quality of the Stock: As per the fundamental analysis of NSE:SHAHALLOYS, it is clearly understood that SHAHALLOYS is Uncertain performer in terms of earnings and profit margins with an EPS of -. NSE:SHAHALLOYS book value per share as of today is 32.75. The current price to book ratio for SHAHALLOYS as of May 15, 2024 is 1.92.

Valuation of the Stock: The current valuation of SHAHALLOYS 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 SHAHALLOYS whether to BUY this stock at current valuation. The delivery percentage of SHAHALLOYS is 59.72% is very crucial parameter which shows that 59.72% investors are anticipating that the price of SHAHALLOYS share should go up with VWAP at 63.23.

Now, the main question is whether to BUY or SELL, NSE:SHAHALLOYS at current valuation.
As per latest Analysis No. #383:-

⇑ STRONG BUY SHAHALLOYS if All Greens

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

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

⇘ SELL SHAHALLOYS if NO Green Indicator

NSE: SHAHALLOYS Share Price Today (May 15, 2024)

(Shah Alloys Limited Daily Analysis on the basis of SHAHALLOYS Intraday Graph & Trend)

Shah Alloys Limited share price moved Down by -0.40% from its previous close of Rs 63.25. SHAHALLOYS stock last traded price is 63.00. SHAHALLOYS share price trend is Down with a total of 7505 stocks traded till now. It has touched an intraday high of Rs 64.20 and an intraday low of Rs 62.45. The SHAHALLOYS trading at 63.00, Down by Rs. -0.25, or -0.40 percent which suggests that most of the Traders are anticipating that the price of SHAHALLOYS share should go Down.

NSE: SHAHALLOYS Share Price Tomorrow Prediction

(Shah Alloys Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHAHALLOYS)

Shah Alloys Limited share price moved Down by -0.40%. SHAHALLOYS share price short term trend is Down. It suggests that SHAHALLOYS Share Price for Tomorrow remains the same with VWAP at 63.23 will be treated as stop loss for intraday traders. Shah Alloys Limited Long term investors can follow the SHAHALLOYS long term trend as mentiond in future forecast table.

NSE Code

NSE: SHAHALLOYS

SHAHALLOYS Share Price Today

 63.00

SHAHALLOYS Share Price Target Prediction for 2024 ^

 40.7 - 70.8

SHAHALLOYS Share Price Target Prediction for 2025*^

 70.8 - 73.6

SHAHALLOYS Share Price Target Prediction for 2026*^

 73.6 - 77.3

SHAHALLOYS Share Price Target Prediction for 2027*^

 81

SHAHALLOYS Share Price Target Prediction for 2028*^

 82

SHAHALLOYS Share Price Target Prediction for 2030*^

 89
SHAHALLOYS Current Book Value 2023
32.6

*Shah Alloys Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHAHALLOYS 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.

SHAHALLOYS Technical Analysis

Candlestick Pattern: @67.55

SHAHALLOYS Moving Averages

BUY (13) NEUTRAL (0) SELL (1)
MA Simple Action S1 Expo Action E2
MA_5 64.68 BUY 64.94 BUY
MA_12 62.62 BUY 63.49 BUY
MA_20 63.2 BUY 63.13 BUY
MA_32 61.49 BUY 63.42 BUY
MA_50 63.53 BUY 64.07 BUY
MA_100 68.22 SELL 64.3 BUY
MA_200 59.21 BUY 62.18 BUY

SHAHALLOYS Trend Oscillators

BUY (3) NEUTRAL (1) SELL (0)
Trend Oscillators Value Action
Bollinger Bands 63.2 Uptrend
MACD 0.66 BUY
ADX 14.5 NO or Weak Trend
DMI (+/-) 24.69 / 18.17 Uptrend

SHAHALLOYS Momentum Oscillators

BUY (9) NEUTRAL (3) SELL (0)
Momentum Oscillators Value Action
RSI 60.48 Neutral
STOCHASTIC_K (Fast) 83.46 Overbought
STOCHASTIC_D (Slow) 67.5 Neutral
CCI 127.8 BUY
PSAR 58.74 BUY
TRUE RANGE 3.25 BUY
ATR 3.66 BUY
WILLIAMS R -12.79 Overbought
TRIX 0 Neutral
STOCHASTIC RSI K 100 Overbought
STOCHASTIC RSI D 80.37 Overbought
MOMENTUM 10.5 BUY

SHAHALLOYS Last 1 Year Trend

Duration Value
1 Year 31.68%
3 Months -18.42%
1 Month 18.4%
1 Week 4.97%

SHAHALLOYS Technical Analysis Summary

Updated on 2024-04-29
Action Overall (%)
BUY 83%
NEUTRAL / HOLD 13%
SELL 3%

Most popular Questions & Answers about SHAHALLOYS


Shah Alloys Limited stock last traded price is 63.00. SHAHALLOYS share price moved Down by -0.40% from its previous close of Rs 63.25.

Shah Alloys Limited share price trend is Down with a total of 7505 stocks traded till now. It has touched an intraday high of Rs 95.1925 and an intraday low of Rs 62.45. The SHAHALLOYS trading at 63.00, Down by Rs. -0.25, or -0.40 percent which suggests that most of the Traders are anticipating that the price of SHAHALLOYS share should go Down and the Stop Loss will be around 63.23.

The market cap of Shah Alloys Limited is ₹97.8 (in Cr) as of May 14, 2024.

The current price to earning ratio for Shah Alloys Limited as of May 14, 2024 is 28.40.

The current price to book ratio for Shah Alloys Limited as of May 14, 2024 is 1.92.

The highest price of Shah Alloys Limited stock is ₹94.25 in the last 52-week.

The lowest price of Shah Alloys Limited stock is ₹38.85 in the last 52-week.

Shah Alloys Limited share trading at ₹63.00, Down by Rs. -0.25, or -0.40 percent which suggests that most of the traders are anticipating that the price of SHAHALLOYS share should go Down.

In 2023, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹40.7 on downside and ₹70.8 on upside. Shah Alloys Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹70.8 on downside and ₹73.6 on upside. Shah Alloys Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shah Alloys Limited (SHAHALLOYS) are ₹73.6 on downside and ₹77.3 on upside. Shah Alloys 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 Shah Alloys Limited (SHAHALLOYS) will be around ₹82 Shah Alloys Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHAHALLOYS.

As per the fundamental analysis of Shah Alloys Limited (SHAHALLOYS), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0. Shah Alloys Limited book value per share as of today is 32.75. The current price to book ratio for SHAHALLOYS as of May 15, 2024 is 1.92.


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


Peer Comparison of NSE: SHAHALLOYS

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

Sector: Steel - Medium & Small

Company Price EPS BV
SBCL 539.10 12.97 32.49
JSL 704.20 32.95 139.14
INCREDIBLE 38.20 1.23 27.08
USHAMART 346.65 10.57 43.31
TIIL 2282.05 76.36 513.41
MUKANDLTD 168.00 14.37 61
LSIL 62.80 0.7 3.2
VSSL 304.40 11.26 78.91
RAMASTEEL 12.55 0.16 1.74
KAMDHENU 523.00 18.61 88.13
Updated at: 15 May 2024 10:12

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