Scan Steels

{
  "main_header": {
    "sid": 150700,
    "name": "Scan Steels",
    "stock_name": "Scan Steels",
    "full_name": "Scan Steels Ltd",
    "name_url": "stocks-analysis/scan-steels",
    "exchange": 0,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "60.43",
    "chg": 1.31,
    "chgp": "2.22%",
    "dir": 1,
    "prev_price": "59.12",
    "mcapval": "366.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511672,
    "symbol": "SCANSTL",
    "ind_name": "Ferrous Metals",
    "ind_code": 23,
    "sector_id": 25,
    "indexname": "India SENSEX",
    "isin": "INE099G01011",
    "curr_date": "Jul 30, 03:30 PM",
    "curr_time": "02:04 AM",
    "last_traded_at": "Jul 30, 03:30 PM IST",
    "bse_nse_vol": "14.12 lacs",
    "exc_status": "Active",
    "traded_date": "Jul 30, 2026",
    "traded_date_str": "2026 07 30",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/scan-steels-150700-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 62.72",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-hits-new-52-week-high-at-rs6272-mark-4128188",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_priceRelatedfactors_4128188.png",
        "date": "2026-07-30 09:40:07",
        "description": ""
      },
      {
        "title": "Scan Steels Ltd Downgraded to Hold Amid Mixed Financial and Valuation Signals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-downgraded-to-hold-amid-mixed-financial-and-valuation-signals-4127868",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_mojoScore_4127868.png",
        "date": "2026-07-30 08:01:09",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its investment rating downgraded from Buy to Hold as of 29 July 2026. This revision reflects a combination of deteriorating quality metrics, a tempered valuation outlook, mixed financial trends, and cautious technical signals despite recent strong price performance. The company’s Mojo Score now stands at 57.0, signalling a Hold recommendation, marking a significant shift from its previous Buy grade."
      },
      {
        "title": "Scan Steels Ltd Downgraded to Hold as Quality Parameters Deteriorate Amid Volatile Returns",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-downgraded-to-hold-as-quality-parameters-deteriorate-amid-volatile-returns-4127725",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_qualitydot_4127725.png",
        "date": "2026-07-30 08:00:05",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its quality rating downgraded from Buy to Hold following a marked deterioration in key business fundamentals. Despite a robust share price rally of 16.7% in a single day and a year-to-date return of 62.95%, the company’s underlying financial health reveals weakening growth and profitability metrics, prompting a reassessment of its investment appeal."
      },
      {
        "title": "Scan Steels Q1 FY27: Strong Profit Rebound Signals Operational Turnaround",
        "link": "https://www.marketsmojo.com/news/result-analysis/scan-steels-q1-fy27-strong-profit-rebound-signals-operational-turnaround-4125954",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteels_quaterlyResult_4125954.png",
        "date": "2026-07-29 09:45:58",
        "description": "Scan Steels Ltd., a micro-cap player in the ferrous metals sector with a market capitalisation of ₹303.00 crores, has delivered a robust first quarter performance for FY27, posting a consolidated net profit of ₹13.25 crores—a striking 68.79% quarter-on-quarter surge and a 26.19% year-on-year improvement. The Mumbai-based steel manufacturer's shares closed at ₹48.72 on July 29, down 3.81% from the previous session, as investors digested the quarterly results amidst broader market volatility."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 53",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-hits-new-52-week-high-at-rs53-mark-4125457",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_priceRelatedfactors_4125457.png",
        "date": "2026-07-29 09:40:06",
        "description": "With a decisive breakthrough to Rs 53 on 29 Jul 2026, Scan Steels Ltd has reached a fresh 52-week high, marking a 32.36% gain over the past year and outpacing the Sensex’s decline of 4.7%. This milestone reflects a confluence of strong technical momentum and improving fundamentals that have propelled the micro-cap ferrous metals stock into new territory."
      },
      {
        "title": "Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 51.5",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-hits-new-52-week-high-marking-significant-market-milestone-4124443",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_priceRelatedfactors_4124443.png",
        "date": "2026-07-28 13:35:04",
        "description": "With a robust 40.31% gain over the past year, Scan Steels Ltd has surged to a fresh 52-week high, touching an intraday peak of Rs 51.5 on 28 Jul 2026. This milestone comes amid a backdrop of strong technical momentum and sustained price strength, setting the stage for a notable breakout in the ferrous metals sector."
      },
      {
        "title": "Scan Steels Ltd Valuation Shifts to Very Attractive Amid Market Volatility",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-valuation-shifts-to-very-attractive-amid-market-volatility-4111422",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_valuationdot_4111422.png",
        "date": "2026-07-21 08:00:11",
        "description": "Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its valuation metrics shift markedly towards the attractive end of the spectrum. With its price-to-earnings (P/E) ratio now at 12.91 and price-to-book value (P/BV) at 0.63, the company’s shares are trading at levels that suggest significant price attractiveness compared to both historical averages and peer benchmarks. This re-rating comes alongside a recent upgrade in its MarketsMOJO Mojo Grade from Hold to Buy, reflecting improved investor sentiment and fundamental prospects."
      },
      {
        "title": "Scan Steels Ltd Gains 2.78%: 3 Key Factors Driving the Week’s Momentum",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/scan-steels-ltd-gains-278-3-key-factors-driving-the-weeks-momentum-4108200",
        "imagepath": "",
        "date": "2026-07-19 16:00:06",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>13 Jul:</strong> New 52-week high near Rs.50.5</p>\n                    <p><strong>14 Jul:</strong> All-time high reached at Rs.51.41</p>\n                    <p><strong>15 Jul:</strong> Modest recovery after slight dip</p>\n                    <p><strong>17 Jul:</strong> Week closes at Rs.48.79 (+2.78%)</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.47.47</div></div>\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Close</div><div class=\"stat-value\">Rs.48.79</div><div class=\"stat-change positive\">+2.78%</div></div>\n                 ..."
      },
      {
        "title": "Scan Steels Ltd is Rated Buy by MarketsMOJO",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/scan-steels-ltd-is-rated-buy-by-marketsmojo-4107866",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/ScanSteelsLtd_mojoScore_4107866.png",
        "date": "2026-07-19 10:10:38",
        "description": "Scan Steels Ltd is rated Buy by MarketsMOJO, with this rating last updated on 15 June 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 19 July 2026, providing investors with the latest insights into the stock’s fundamentals, valuation, financial trends, and technical outlook."
      }
    ],
    "total": 152,
    "sid": "150700",
    "stock_news_url": "https://www.marketsmojo.com/news/scan-steels-150700"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Newspaper Publication",
      "datetime": "29-Jul-2026",
      "details": "Newspaper Publication of Un-Audited Standalone & Consolidated Financial Results for the Quarter ended June 30 2026.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "28-Jul-2026",
      "details": "Submission of Press Release regarding Q1 and FY27 Financial & Operational Performance.",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Outcome Of Board Meeting -Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2026.",
      "datetime": "28-Jul-2026",
      "details": "1. Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 2026 along with the Limited Review Report of the Auditors thereon; 2. Re-appointment of Internal Auditor; 3. Re-appointment of Cost Auditor:.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "No <strong>Dividend</strong> history available",
      "data": []
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 62.72

2026-07-30 09:40:07

Read full news article

Scan Steels Ltd Downgraded to Hold Amid Mixed Financial and Valuation Signals

2026-07-30 08:01:09

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its investment rating downgraded from Buy to Hold as of 29 July 2026. This revision reflects a combination of deteriorating quality metrics, a tempered valuation outlook, mixed financial trends, and cautious technical signals despite recent strong price performance. The company’s Mojo Score now stands at 57.0, signalling a Hold recommendation, marking a significant shift from its previous Buy grade.

Read full news article

Scan Steels Ltd Downgraded to Hold as Quality Parameters Deteriorate Amid Volatile Returns

2026-07-30 08:00:05

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its quality rating downgraded from Buy to Hold following a marked deterioration in key business fundamentals. Despite a robust share price rally of 16.7% in a single day and a year-to-date return of 62.95%, the company’s underlying financial health reveals weakening growth and profitability metrics, prompting a reassessment of its investment appeal.

Read full news article

Scan Steels Q1 FY27: Strong Profit Rebound Signals Operational Turnaround

2026-07-29 09:45:58

Scan Steels Ltd., a micro-cap player in the ferrous metals sector with a market capitalisation of ₹303.00 crores, has delivered a robust first quarter performance for FY27, posting a consolidated net profit of ₹13.25 crores—a striking 68.79% quarter-on-quarter surge and a 26.19% year-on-year improvement. The Mumbai-based steel manufacturer's shares closed at ₹48.72 on July 29, down 3.81% from the previous session, as investors digested the quarterly results amidst broader market volatility.

Read full news article

Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 53

2026-07-29 09:40:06

With a decisive breakthrough to Rs 53 on 29 Jul 2026, Scan Steels Ltd has reached a fresh 52-week high, marking a 32.36% gain over the past year and outpacing the Sensex’s decline of 4.7%. This milestone reflects a confluence of strong technical momentum and improving fundamentals that have propelled the micro-cap ferrous metals stock into new territory.

Read full news article

Broad-Based Technical Strength Lifts Scan Steels Ltd to 52-Week High of Rs 51.5

2026-07-28 13:35:04

With a robust 40.31% gain over the past year, Scan Steels Ltd has surged to a fresh 52-week high, touching an intraday peak of Rs 51.5 on 28 Jul 2026. This milestone comes amid a backdrop of strong technical momentum and sustained price strength, setting the stage for a notable breakout in the ferrous metals sector.

Read full news article

Scan Steels Ltd Valuation Shifts to Very Attractive Amid Market Volatility

2026-07-21 08:00:11

Scan Steels Ltd, a micro-cap player in the ferrous metals sector, has seen its valuation metrics shift markedly towards the attractive end of the spectrum. With its price-to-earnings (P/E) ratio now at 12.91 and price-to-book value (P/BV) at 0.63, the company’s shares are trading at levels that suggest significant price attractiveness compared to both historical averages and peer benchmarks. This re-rating comes alongside a recent upgrade in its MarketsMOJO Mojo Grade from Hold to Buy, reflecting improved investor sentiment and fundamental prospects.

Read full news article

Scan Steels Ltd Gains 2.78%: 3 Key Factors Driving the Week’s Momentum

2026-07-19 16:00:06

Key Events This Week

13 Jul: New 52-week high near Rs.50.5

14 Jul: All-time high reached at Rs.51.41

15 Jul: Modest recovery after slight dip

17 Jul: Week closes at Rs.48.79 (+2.78%)

Week Open

Rs.47.47

Week Close

Rs.48.79

+2.78%

...

Read full news article

Scan Steels Ltd is Rated Buy by MarketsMOJO

2026-07-19 10:10:38

Scan Steels Ltd is rated Buy by MarketsMOJO, with this rating last updated on 15 June 2026. While the rating change occurred on that date, the analysis and financial metrics discussed here reflect the company’s current position as of 19 July 2026, providing investors with the latest insights into the stock’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

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