Shah Alloys

  • Market Cap: Micro Cap
  • Industry: Iron & Steel Products
  • ISIN: INE640C01011
  • NSEID: SHAHALLOYS
  • BSEID: 513436
INR
69.86
-1.34 (-1.88%)
BSENSE

Dec 05

BSE+NSE Vol: 25.05 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

25.05 k (40.12%) Volume

Shareholding (Sep 2025)

FII

0.03%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

53.75%

Who are the top shareholders of the Shah Alloys?

06-Jun-2025

The top shareholder of Shah Alloys is Rajendrabhai V Shah, holding 39.97% of the shares, with individual investors owning 37.51%. The highest public shareholder is Jaideep Narendra Sampat at 2.63%, and there are no pledged promoter holdings or investments from mutual funds or foreign institutional investors.

The top shareholders of Shah Alloys include the promoters, with Rajendrabhai V Shah holding the highest stake at 39.97%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. Additionally, individual investors collectively hold 37.51% of the shares, while the highest public shareholder is Jaideep Narendra Sampat, who owns 2.63%.

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When is the next results date for Shah Alloys?

06-Jun-2025

No Upcoming Board Meetings

What is the bonus history of the Shah Alloys?

06-Jun-2025

Shah Alloys has a bonus history that includes a 1:1 bonus issue announced on February 13, 2006, with a record date of February 14, 2006, allowing shareholders to receive one additional share for each share held.

Shah Alloys has a bonus history that includes a notable 1:1 bonus issue announced on February 13, 2006. The record date for this bonus was February 14, 2006. This means that shareholders received one additional share for every share they held as of the record date.

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Has Shah Alloys declared dividend?

06-Jun-2025

Shah Alloys Ltd has declared a 10% dividend, amounting to 1.0000 per share, but the dividend yield remains at 0%. Total returns have varied significantly, with a notable increase over the long term despite recent declines.

Shah Alloys Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1.0000<BR>- Ex-date: Sep-06-2007<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -34.79%, the dividend return was 0%, resulting in a total return of -34.79%.<BR><BR>Over the past year, the price return was -0.93%, the dividend return was 0%, leading to a total return of -0.93%.<BR><BR>In the 2-year period, the price return was 22.72%, the dividend return was 0%, which resulted in a total return of 22.72%.<BR><BR>For the 3-year period, the price return was -42.01%, the dividend return was 0%, culminating in a total return of -42.01%.<BR><BR>In the 4-year span, the price return was 383.18%, the dividend return was 0%, resulting in a total return of 383.18%.<BR><BR>Finally, over the last 5 years, the price return was 975.91%, the dividend return was 0%, leading to a total return of 975.91%.<BR><BR>Overall, while Shah Alloys has declared a dividend, the dividend yield remains at 0%, indicating that dividends have not contributed to returns in recent periods. The total returns show significant volatility, with a notable increase over the longer term despite recent declines.

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Who are the peers of the Shah Alloys?

03-Jun-2025

Shah Alloys' peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, and others. In terms of management risk, Shah Alloys has an average rating, with a 1-year return of -5.28%, better than Jindal Saw but lower than Welspun Corp's 68.53%.

Peers: The peers of Shah Alloys are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Maiden Forgings, Hisar Met.Inds., Zenith Steel, P S Raj, and Mangalam Alloys.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes and P S Raj, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and the rest. Average management risk is present at Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Below Average management risk is noted at Zenith Steel. Excellent growth is seen at APL Apollo Tubes, while Average growth is found at Shyam Metalics, P S Raj, and the rest. Below Average growth is present at Welspun Corp, Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys. Excellent capital structure is observed at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is found at Welspun Corp and P S Raj. Below Average capital structure is noted at Jindal Saw, Shah Alloys, Maiden Forgings, Hisar Met.Inds., and Mangalam Alloys.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.53%, while the lowest is Jindal Saw at -23.06%. Shah Alloys has a 1-year return of -5.28%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, and Shah Alloys have negative six-month returns.

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Is Shah Alloys overvalued or undervalued?

09-Jun-2025

As of May 30, 2023, Shah Alloys is considered overvalued and risky due to negative financial ratios, including a PE ratio of -5.40 and an EV to EBITDA of -19.23, significantly underperforming compared to peers like JSW Steel and Tata Steel, and has a year-to-date stock return of -15.38% versus the Sensex's 5.62%.

As of 30 May 2023, Shah Alloys has moved from an attractive to a risky valuation grade. The company is currently considered overvalued based on its negative financial ratios, including a PE ratio of -5.40, an EV to EBITDA of -19.23, and a ROCE of -27.25%. These figures indicate significant financial distress compared to its peers.<BR><BR>In comparison to industry competitors, Shah Alloys' valuation metrics are starkly unfavorable. For instance, JSW Steel has a PE ratio of 64.98 and an EV to EBITDA of 14.20, while Tata Steel shows a PE of 51.92 with an EV to EBITDA of 11.04. This highlights the substantial gap in performance and valuation between Shah Alloys and its more stable peers. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.38% compared to the Sensex's 5.62%, further reinforcing the notion of overvaluation.

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What is the technical trend for Shah Alloys?

09-Jun-2025

As of April 21, 2025, Shah Alloys shows a mildly bearish technical trend, with bearish signals from moving averages and Bollinger Bands, despite some mixed indicators suggesting a mildly bullish stance in certain time frames.

As of 21 April 2025, the technical trend for Shah Alloys has changed from sideways to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is mildly bearish, suggesting mixed signals. The Bollinger Bands are bearish on both weekly and monthly time frames, and daily moving averages are also bearish. The KST shows a mildly bullish weekly trend but is mildly bearish monthly. Dow Theory presents a mildly bearish view weekly while being mildly bullish monthly. The OBV is mildly bearish weekly but bullish monthly. Overall, the current technical stance is mildly bearish, driven primarily by bearish moving averages and Bollinger Bands, despite some mixed signals from other indicators.

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Who are in the management team of Shah Alloys?

16-Jul-2025

As of March 2022, the management team of Shah Alloys includes Rajendra V Shah (Chairman), Ashok A Sharma (Whole Time Director & CFO), and several Non-Executive & Independent Directors, along with Company Secretaries Vinay Kumar Mishra and Mayank Chadha. They oversee the company's operations and governance.

As of March 2022, the management team of Shah Alloys includes the following members:<BR><BR>1. Rajendra V Shah - Chairman (Non-Executive)<BR>2. Ashok A Sharma - Whole Time Director & CFO<BR>3. G M Shaikh - Non-Executive & Independent Director<BR>4. Harshad Shah - Non-Executive & Independent Director<BR>5. Tejpal S Shah - Non-Executive & Independent Director<BR>6. Shefali M Patel - Non-Executive & Independent Director<BR>7. Vinay Kumar Mishra - Company Secretary & Compliance Officer<BR>8. Mrinal Sinha - Whole-time Director<BR>9. Prakash Patel - Whole-time Director<BR>10. Mayank Chadha - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and governance.

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What does Shah Alloys do?

17-Jul-2025

Shah Alloys Ltd manufactures steel products and operates in the Iron & Steel Products industry as a Micro Cap company. As of March 2025, it reported net sales of 304 Cr and a net loss of 45 Cr, with a market cap of 124 Cr.

Overview:<BR>Shah Alloys Ltd is engaged in the manufacture of various steel products and operates within the Iron & Steel Products industry, categorized as a Micro Cap company.<BR><BR>History:<BR>Incorporated in November 1990, Shah Alloys Limited went public in 1992. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 304 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -45 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 124 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -9.92 <BR>Return on Equity: 256.44% <BR>Price-to-Book: -15.83 <BR><BR>Contact Details:<BR>Address: 5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road Ahmedabad Gujarat : 380006 <BR>Email: info@shahalloys.com <BR>Website: http://www.shahalloys.com

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How big is Shah Alloys?

24-Jul-2025

As of 24th July, Shah Alloys Ltd has a market capitalization of 123.00 Cr and reported net sales of 267.23 Cr, with a loss of 19.72 Cr over the latest four quarters. Shareholder's funds are 11.24 Cr, and total assets amount to 184.72 Cr.

As of 24th July, Shah Alloys Ltd has a market capitalization of 123.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shah Alloys reported net sales of 267.23 Cr. However, the company experienced a loss of 19.72 Cr during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2024. Shareholder's funds are recorded at 11.24 Cr, while total assets amount to 184.72 Cr.

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Are Shah Alloys latest results good or bad?

14-Aug-2025

Shah Alloys' latest results are disappointing, with net sales down 80.06% year-on-year and a loss of Rs 10.25 crore in profit after tax for the first half of the year. The stock is rated as a 'Strong Sell,' indicating significant financial struggles.

Shah Alloys has reported disappointing financial results for the quarter ending June 2025. The company experienced a significant decline in net sales, which fell by 80.06% year-on-year to Rs 23.64 crore, marking the lowest sales figure in the last five quarters. Additionally, the profit after tax (PAT) for the first half of the year was a loss of Rs 10.25 crore, representing a year-on-year decline of 78.13%.<BR><BR>While there has been a slight improvement in the overall financial score, moving from -22 to -16 over the past three months, the near-term outlook remains negative. The ongoing challenges in both sales and profit metrics indicate that the company is facing significant difficulties. Furthermore, the stock has been rated as a 'Strong Sell,' reflecting the current financial struggles of Shah Alloys. Overall, the latest results can be characterized as bad, highlighting serious concerns for the company's performance.

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How has been the historical performance of Shah Alloys?

28-Nov-2025

Shah Alloys has experienced significant financial challenges, with net sales and profitability declining sharply from Mar'22 to Mar'25, resulting in negative operating profit and losses in both profit before and after tax. Total assets and liabilities have also decreased, alongside negative cash flow from operations in recent years.

Answer:<BR>The historical performance of Shah Alloys has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Shah Alloys' net sales have decreased from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25, reflecting a downward trend in revenue generation. The total operating income followed a similar pattern, dropping from 886.15 Cr in Mar'22 to 267.28 Cr in Mar'25. The raw material costs also saw a decline, falling from 613.70 Cr in Mar'22 to 147.21 Cr in Mar'25, while the total expenditure, excluding depreciation, decreased from 763.31 Cr in Mar'22 to 276.73 Cr in Mar'25. However, despite these reductions, the operating profit (PBDIT) turned negative, going from a profit of 122.84 Cr in Mar'22 to a loss of 9.45 Cr in Mar'25. Consequently, the profit before tax and profit after tax also reflected losses, with the profit before tax moving from a profit of 130.12 Cr in Mar'22 to a loss of 23.12 Cr in Mar'25, and profit after tax declining from 102.87 Cr to a loss of 17.43 Cr in the same period. The company's total assets decreased from 250.69 Cr in Mar'22 to 116.69 Cr in Mar'25, while total liabilities also fell from 250.69 Cr to 116.69 Cr. The cash flow from operating activities has been negative in the last two years, indicating ongoing challenges in generating cash from core operations. Overall, Shah Alloys has faced significant financial challenges, particularly in the last few years, leading to a decline in both sales and profitability.

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Should I buy, sell or hold Shah Alloys?

29-Nov-2025

Why is Shah Alloys falling/rising?

04-Dec-2025

As of 04-Dec, Shah Alloys Ltd's stock price is rising to Rs 71.20, indicating a potential trend reversal after recent declines. Despite a weekly and monthly decline, the stock has shown strong long-term growth and is currently trading above key moving averages.

As of 04-Dec, Shah Alloys Ltd's stock price is rising, currently at Rs 71.20, reflecting an increase of Rs 1.15 or 1.64%. This upward movement follows two consecutive days of decline, indicating a potential trend reversal. The stock opened today with a gain of 2.07%, reaching an intraday high of Rs 71.5. Additionally, it has outperformed its sector by 1.71% today.<BR><BR>Despite the positive performance today, it is important to note that the stock has experienced a decline of 3.78% over the past week and 11.46% over the past month. However, the year-to-date performance remains positive at 7.88%, although it lags behind the Sensex's 9.12% increase. The stock's long-term performance shows significant growth over the past five years, with an increase of 618.47%, compared to the Sensex's 89.14%.<BR><BR>Investor participation has decreased, as evidenced by a delivery volume drop of 85.46% compared to the five-day average, which may indicate caution among investors. Nevertheless, the stock is trading above its 100-day and 200-day moving averages, suggesting a relatively stable position in the longer term. Overall, the combination of today's positive price movement and the potential for a trend reversal contributes to the current rise in Shah Alloys Ltd's stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -21.81% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 2.97 times
2

The company has declared Negative results for the last 6 consecutive quarters

3

Risky - Negative EBITDA

4

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Iron & Steel Products

stock-summary
Market cap

INR 138 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

28

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-7.71

stock-summary
Return on Equity

140.67%

stock-summary
Price to Book

-13.74

Revenue and Profits:
Net Sales:
3 Cr
(Quarterly Results - Sep 2025)
Net Profit:
14 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
10.19%
0%
10.19%
6 Months
27.02%
0%
27.02%
1 Year
-14.23%
0%
-14.23%
2 Years
22.56%
0%
22.56%
3 Years
26.1%
0%
26.1%
4 Years
26.1%
0%
26.1%
5 Years
604.94%
0%
604.94%

Latest dividend: 1.0000 per share ex-dividend date: Sep-06-2007

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News

How has been the historical performance of Shah Alloys?

Revenue and Profitability Trends

Shah Alloys’ net sales demonstrated considerable variability, peaking in the fiscal year ending March 2022 with ₹886.15 crores before sharply declining to ₹267.28 crores in March 2025. This steep drop in sales over the last three years reflects challenging market conditions or operational disruptions. Correspondingly, total operating income mirrored this pattern, with no other operating income reported during the period.

Operating profit margins have been inconsistent, with a notable high of 13.96% in March 2022, contrasting with negative margins in recent years, including -3.55% in March 2025. The gross profit margin followed a similar trajectory, reaching 16.07% in 2022 but falling to -5.23% by 2025. These figures indicate that the co...

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Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

22-Nov-2025 | Source : BSE

Submission of News paper Advertisement in Compliance with Regulation 47 of the SEBI (LODR) Regulations 2015

Un-Audited Standalone & Consolidated Financial Results For The Quarter And Half Year Ended As On September 30 2025

14-Nov-2025 | Source : BSE

Declaration of Un-Audited Financial Results for the Quarter and Half year ended as on September 30 2025

Board Meeting Outcome for Outcome Of Board Meeting Held On November 14 2025.

14-Nov-2025 | Source : BSE

Declaration of Un-Audited Standalone & Consolidated Financial Results for the quarter and Half Year ended as on September 30 2025 duly reviewed by the Audit Committee

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Shah Alloys Ltd has declared 10% dividend, ex-date: 06 Sep 07

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Shah Alloys Ltd has announced 1:1 bonus issue, ex-date: 13 Feb 06

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-21.81%
EBIT Growth (5y)
13.07%
EBIT to Interest (avg)
-3.15
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-7.71
Sales to Capital Employed (avg)
5.11
Tax Ratio
13.52%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
9.61%
ROE (avg)
62.07%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
28
Price to Book Value
-13.74
EV to EBIT
-27.37
EV to EBITDA
-220.09
EV to Capital Employed
3.20
EV to Sales
2.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-11.67%
ROE (Latest)
Negative BV
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.03%)

Promoter with highest holding

Rajendrabhai V Shah (39.97%)

Highest Public shareholder

Mohan Anand (2.49%)

Individual Investors Holdings

30.34%

stock-summaryFinancial
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          "field": "Net Sales",
          "val1": "267.28",
          "val2": "613.24",
          "chgp": "-56.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-9.45",
          "val2": "3.39",
          "chgp": "-378.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "4.48",
          "val2": "4.02",
          "chgp": "11.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-9.51",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-19.72",
          "val2": "-18.64",
          "chgp": "-5.79%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-3.55%",
          "val2": "0.57%",
          "chgp": "-4.12%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Sep'25 - YoYstock-summary
Sep'25
Sep'24
Change(%)
Net Sales
2.96
66.31
-95.54%
Operating Profit (PBDIT) excl Other Income
-0.87
-5.09
82.91%
Interest
1.08
1.11
-2.70%
Exceptional Items
16.92
0.00
Consolidate Net Profit
13.73
-6.38
315.20%
Operating Profit Margin (Excl OI)
-29.39%
-7.68%
-21.71%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Sep 2025 is -95.54% vs -63.28% in Sep 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in quarter ended Sep 2025 is 315.20% vs -1,922.86% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Sep'24
Change(%)
Net Sales
26.60
184.86
-85.61%
Operating Profit (PBDIT) excl Other Income
-1.28
-10.62
87.95%
Interest
2.13
2.22
-4.05%
Exceptional Items
16.92
0.00
Consolidate Net Profit
7.97
-13.07
160.98%
Operating Profit Margin (Excl OI)
-4.81%
-5.74%
0.93%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -85.61% vs -45.65% in Sep 2024

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 160.98% vs -1,344.76% in Sep 2024

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
236.86
484.83
-51.15%
Operating Profit (PBDIT) excl Other Income
-9.73
0.74
-1,414.86%
Interest
3.36
3.15
6.67%
Exceptional Items
0.00
-15.60
100.00%
Consolidate Net Profit
-15.23
-23.06
33.95%
Operating Profit Margin (Excl OI)
-4.11%
0.15%
-4.26%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -51.15% vs 2.21% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 33.95% vs -834.39% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
267.28
613.24
-56.42%
Operating Profit (PBDIT) excl Other Income
-9.45
3.39
-378.76%
Interest
4.48
4.02
11.44%
Exceptional Items
0.00
-9.51
100.00%
Consolidate Net Profit
-19.72
-18.64
-5.79%
Operating Profit Margin (Excl OI)
-3.55%
0.57%
-4.12%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is -56.42% vs -2.34% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -5.79% vs -477.09% in Mar 2024

stock-summaryCompany CV
About Shah Alloys Ltd stock-summary
stock-summary
Shah Alloys Ltd
Micro Cap
Iron & Steel Products
Incorporated in November, 1990, Shah Alloys Limited went public in 1992. It was promoted by Rajendrabhai V Shah and Rajiniben R Shah. The Company is engaged in the manufacture of Stainless Steel, Alloy & Special Steel, Carbon/ Mild Steel and Armour Steel in Flat and Long products of which it makes Hot Rolled Coils, Sheets & Plates , Cold Rolled Coils & Sheets , Hot Rolled Round Bars , Bright Round Bars , Hot Rolled Flat Bars , Angles, Beams etc. The company came out with a public issue in Dec.
Company Coordinates stock-summary
Company Details
5/1 Shreeji House 5th Floor, Behind M J Library Ashram Road Ahmedabad Gujarat : 380006
stock-summary
Tel:
stock-summary
info@shahalloys.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai